What does RPO stand for in business?

In the business world, RPO stands for Recruitment Process Outsourcing. For a business, RPO is more than just a hiring tool; it is a value-driven strategy designed to improve the bottom line. 

TRS highlights that RPO typically delivers a 30-50% reduction in cost-per-hire and a 25-40% faster time-to-fill. It allows a business to remain agile by providing a scalable resource that can be deployed wherever it is needed globally. 

By forming a partnership with an RPO specialist, a business can improve its "employer brand attractiveness," making it easier to compete for hard-to-fill technical roles. 

It is particularly impactful for high-growth or mid-sized companies that need enterprise-level recruitment expertise without the fixed costs of a large internal talent acquisition department.