NEW YORK, Sept. 19, 2014 (GLOBE NEWSWIRE) -- via PRWEB - Outsourcing services provider Profit By RPO has bagged a huge RPO contract from a large US IT conglomerate to provide HR outsourcing services in India.
" Profit By RPO has been chosen as an exclusive partner and will act as a talent acquisition and transformation partner. Under the arrangement, Profit By RPO will deploy over 120 personnel across 3 locations in India in the next four months," the company said in a statement.
"This is a significant win for us and we are delighted to collaborate with a company that is a leading issuer of credit cards and financial products," Profit by RPO, CEO Sahil Dhamija said.
As per HFS Research, the global RPO market is valued at $26 billion as of 2013 with the Asia Pacific market at $3 billion.
Profit By RPO provides a wide portfolio of Recruitment outsourcing (RPO) services to a range of public sector customers, covering processes such as HR in Healthcare, Financial and Information Technology .
The value proposition of RPO is still resonating with buyers that are looking for a cost-effective option to withstand the current turmoil and at the same time create an efficient talent acquisition process that can be scaled up quickly when business environment improves," Profit by RPO President Abhinav Girdhar said.
The survey further highlighted that a significant number of North American-headquartered large, MNCs adopt RPO for their European and Asia-Pacific operations.
Recruitment Process Outsourcing has the benefit of reducing recruiting cost and time while increasing talent quality and hire speed. "Managing people (recruiters) takes a lot of time. Now that we outsource talent acquisition, we've decreased our costs by 30% and increased our hiring speed by 55%. This also allows us to focus on strategic value initiatives instead of tactical and operational recruiting tasks. We wouldn't have the time to be a strategic without partnering with Profit BY RPO," states Sanjiv Sahay, MD Asquare.
RPO is a customizable solution; clients have the option of outsourcing all or some parts of their recruiting systems. Robert Kruk Managing Director Bluestone LLC explains, "You can customize RPO to fit what you need, and we've done that. This allowed us to have a scalable infrastructure and a strategic solution
About Profit By RPO:
Profit By RPO is the leader in data-driven workforce selection, enabling employers to improve productivity, retention, and customer satisfaction. It is the only solution that ties employee productivity data to hiring decisions, and uses this to improve the entire recruiting process. With the insight gained from on the job employee data used to calibrate workforce selection, companies can measurably improve their operations, brands and bottom lines. The solution easily adapts to changing business environments or product direction. When replacing existing screening solutions with Profit By RPO, clients report increased employee productivity of 5-10% while improving retention by 20-30%. Profit By RPO delivers data-driven certainty with a streamlined process that easily integrates with existing workforce management and HRIS solutions. Visit http://www.profitbyrpo.com or call +1-888-322-7617
This article was originally distributed on PRWeb. For the original version including any supplementary images or video, visit http://www.prweb.com/releases/2014/09/prweb12183854.htm
Profit By RPO Profit By RPO 888-322-7617
