Recruitment Process Outsourcing (RPO) is a form of Business Process Outsourcing (BPO) in which an employer forwards all or part of their recruitment processes to a third party. An RPO provider can provide their own or take over the company's people, technologies, methods, and reports. Organizations providing recruitment outsourcing services perform a variety of tasks, such as online job posting, continuous job vacancy monitoring, job application tracking, new candidate or resume searches, resume processing, selection of suitable candidates, the resumption of marketing, the maintenance of the database and the search for suitable jobs recruiter.
Employers selected outsourcing services for recruitment processes based on their skills and cost-effectiveness. More and more young graduates and postgraduates have created a growing demand for such services worldwide. The increasing acceptance of cloud- and web-based services and software solutions is helping to restructure the outsourcing of recruiting processes. This is expected to increase further in the forecast period.
Selecting a candidate from the different profiles will be a major challenge for service providers. It is often difficult for them to understand the profile required by a particular employer and to be able to modify the process according to their organizational standards.
The global market report for recruiting processes has been segmented by services, end users and regions. The global recruiting outsourcing market was segmented by region in North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa.
Email fraud is nothing new, but online criminals have become ever more-effective at spoofing their identities to trick employees into sending them money. The Australian Centre for Cyber Security (ACSC) recorded losses of over $20M to business email compromise (BEC) attacks last year alone, up 230 percent over the previous year – and the full amount is certain to be much larger.
Cybersecurity Insights - Attack
No matter how robust your security, or how diligent your employees, network credentials are a free pass for cybercriminals. This is mostly because employees are relied upon for their own password management. And with more than 4.8 billion sets of stolen credentials said to be available online, odds are that at least a few of your employees’ user IDs and passwords are just waiting to be used by unscrupulous outsiders. Are you ready to stop them?
Cybersecurity Insights - People
Cyber resilience will be particularly important as Australian organisations face increased pressure to quickly detect, respond to, and manage the repercussions of breaches in the wake of 2018’s Notifiable Data Breaches (NDB) scheme.