Organizations around the world are weathering a perfect storm characterized by a slowing economy, talent shortages, and significant technology and digital intervention. These challenges have resulted in widespread adoption of the Recruitment Process Outsourcing (RPO) model as a remedy to recruitment-related problems.
The RPO market, one of the fastest growing outsourcing markets in the world, is a dynamic, rapidly-evolving space with a diverse set of service providers solving different talent acquisition problems for a varied set of enterprises.
A number of different forces are at play here, and some are counteracting one another. A key consequence of this dynamism is its impact on RPO engagement pricing: multiple parameters are having positive and negative impact on the RPO price points. With RPO prices in a state of flux, enterprises and service providers need to have the right strategies and approach to deal with these challenges.
Over the last two decades, the Managed Service Provider (MSP) industry successfully evolved in terms of service portfolio and value proposition to effectively deliver on enterprises’ contingent workforce requirements. The COVID-19 pandemic threatened…
