Blended RPO Emerging as a Strategic Approach to Address Total Talent Acquisition Needs
BOSTON, November 2, 2011 – As organizations continue to address the talent pressures inherent to an increasingly competitive environment, a recent Everest Group report highlighted SourceRight Solutions, a Randstad company, as one among limited providers with blended RPO experience in the “Rise of Blended RPO.”
Of 15 providers profiled, SourceRight Solutions was cited as one of only four that possess the capability in both RPO and MSP needed to address the broad demands of blended RPO, as well as experience in delivering blended RPO solutions. Defined as the ability to source a company’s total talent acquisition needs in an integrated manner through one service provider, the blended RPO model encompasses both the Managed Service Provider (MSP) approach to contingent hiring and the Recruitment Process Outsourcing (RPO) model for traditional full-time employee talent acquisition. By integrating management of both RPO and MSP, the blended RPO approach creates value through strategic, business and financial impact. Everest Group’s analysis reveals that a blended RPO model enables a consolidated view of recruitment needs across the organization, leads to better workforce utilization and better demand management, and lowers vendor management costs.
Rebecca Callahan, President of SourceRight Solutions, commented, “Everest Group’s research underscores the importance of aligning the workforce with business strategy. Consistent with our Strategic Talent Optimization (STO) methodology, we apply our MSP and RPO capability, combined with our strong strategic solutions focus, to provide a total talent acquisition solution that delivers on the promise of blended RPO. As more organizations seek to streamline their vendor relationships and integrate the engagement of the free-agent workforce and the hiring of traditional employees through a blended model, SourceRight is one of the few providers that can address this evolution.”
The SourceRight Strategic Talent Optimization solution provides a single point of interaction that enables organizations to create a global talent resource pool; determine best-fit recruiting strategies for specific roles, projects or regions; and standardize the talent acquisition infrastructure, increasing efficiencies and reducing costs. SourceRight’s dedicated team of talent acquisition industry experts collaborate with clients to leverage best practices, as well as provide integrated workforce analytics to validate and improve talent decisions.
Rajesh Ranjan, Research Director, Everest Group, said, “Globalization, technology, economic forces and demographic shifts are some of the drivers behind the trajectory of blended RPO. As organizations intensify their focus on the right partners to support their strategic initiatives, we believe more will consider a blended RPO model to support their total talent acquisition needs.”
About SourceRight Solutions
SourceRight Solutions is a leading provider of solutions for the acquisition and management of full-time, contingent and contract staff. Building on a 65-year history of success and innovation in staffing and talent acquisition, SourceRight is driving strategic results for top companies around the world.
Solutions from SourceRight span all facets of total talent acquisition. Strategic Talent Optimization provides integrated management of talent acquisition, encompassing both traditional employees and the contingent, free-agent workforce. Recruitment Process Outsourcing (RPO) provides a global recruitment solution to optimize candidate quality, control costs and deliver measurable results in performance and business impact. Managed Services, including Managed Services Provider (MSP) programs, improve engagement and management of the temporary workforce, increasing quality while reducing supplier costs; and Contingent Workforce Services enhance the engagement of free agent talent by improving access, containing costs and mitigating compliance risks.
SourceRight is consistently recognized for its leadership in RPO, MSP and talent acquisition innovation by industry organizations, such as Everest Group, HRO Today Magazine, NelsonHall, Bersin & Associates, and Staffing Industry Analysts. SourceRight is now a part of Randstad, a $22.5 billion global provider of HR services.
Randstad is a $22.5 billion global provider of HR services and the second largest staffing organization in the world. From temporary staffing to permanent placement to in-house, professionals, search & selection, and HR Solutions, Randstad holds top positions around the world and has approximately 28,700 corporate employees working from its nearly 4,700 branches and in-house locations in 40 countries. Founded in 1960 and headquartered in Diemen, the Netherlands, Randstad Holding nv is listed on the NYSE Euronext Amsterdam (RAND.AS).