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A new addition in the series of BPO, KPO, and LPO is RPO i.e. Recruitment Process Outsourcing. In coming years India is going to face a talent crunch of half a million people. That increases the demand of RPOs.
What is an RPO?
RPO stands for Recruitment Process Outsourcing. It also stands for Research Process Outsourcing but here we are dealing with the former.
These days attrition rates are very high and there is a shortage of talent. Employees do not stay in an organization for more than two years. So companies need to hire more people more often.
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