Does Your High-Growth iGaming or PayTech Company Need an RPO Partner?

The iGaming and PayTech sectors are fiercely competitive both for customers and for talent. In this environment, growth can be impeded because of talent challenges. For this reason, many enterprises in the industry are turning to Recruitment Process Outsourcing (RPO) providers to streamline their hiring and secure top-tier talent.

What is an RPO Provider?

In essence, an RPO provider acts as an extension of your internal HR team, specialising in talent acquisition. They take ownership of all or part of your recruitment process, leveraging their expertise, technology, and wider talent pools to find the best candidates for your open positions. This allows you to free up your internal resources to focus on strategic initiatives while ensuring a high-quality, efficient hiring experience. Think of it as having a dedicated recruitment partner in your corner, helping you navigate the competitive talent landscape and secure the top performers who will propel your company forward.

The key difference between a traditional recruitment provider and an RPO is that traditional recruitment agencies fulfil immediate hiring needs, while RPOs offer a more comprehensive solution. RPOs manage your entire recruitment process and act as a true partner. RPOs invest in industry expertise and advanced sourcing strategies to find the best-fit candidates, particularly for niche roles. Unlike traditional agencies often compensated per placement, RPOs focus on delivering high-calibre talent aligned with your long-term goals through retainer or project-based models.

Signs Your Company Needs an RPO Partner

So is this innovative solution the answer to your talent acquisition challenges? Let’s explore the key signs that it is:

●       High-Volume Hiring: Are you constantly recruiting for multiple roles? An RPO provider can manage the influx, freeing up your internal HR team to focus on strategic initiatives, and ensure a consistent, high-quality hiring experience.

●       Time Constraints: The iGaming and PayTech industries move fast. If your time-to- hire is too slow, you risk losing out on the best candidates. RPOs leverage expertise and technology to expedite the recruitment process, getting you to the finish line faster.

●       Difficulty Finding Specialised Talent: Do you need to recruit for niche roles with specific skill sets? RPO providers have access to wider talent pools and proven sourcing strategies to find the perfect candidates, even for the most challenging positions.

●       Turnover Challenges: Are you struggling with employee retention? RPOs can help you identify the root causes of turnover and implement strategies to attract and retain top performers.

●       Rising Cost-per-Hire: Is the cost of acquiring new talent eating into your budget? RPOs can optimise your recruitment process, reduce inefficiencies, and help you achieve significant cost savings.

●       Lack of Internal Resources: Is your HR team stretched thin and struggling to keep up with hiring demands? An RPO provider can supplement your internal resources, providing the expertise and bandwidth you need to meet your recruitment goals.

●       Employer Branding Challenges: In competitive industries, employer branding is crucial. RPOs can help you refine your employer value proposition (EVP) and attract top talent through targeted outreach, showcasing what makes your company the destination for high performers.

Getting Value for Your Money

Partnering with the right RPO provider offers a compelling return on investment (ROI). Consider the data from the 2022 Lighthouse Research & Advisory RPO Value and Insights Study:

●      96% improved hiring metrics: RPOs can help you refine your recruiting strategy and identify the key metrics to track progress, ensuring you're getting the most out of your hiring efforts.

●      58% increased time-to-hire: Faster hiring translates to quicker onboarding and reduced costs associated with vacant positions.

●      51% increased hiring consistency: An RPO can ensure a streamlined and consistent candidate experience across all your hiring needs, building a positive employer brand.

●      43% generated higher quality hires: Their expertise can help you attract a wider pool of talent and select the best candidates for your specific needs.

●      42% reduced cost-per-hire: By optimising your recruitment process, you can achieve significant cost savings.

In today's competitive talent market, enterprise iGaming and PayTech companies can gain a significant edge by partnering with an RPO provider. By expediting hiring, attracting top talent, and optimising costs, an RPO can be a strategic asset that fuels your company's growth.

If the time is right for you to partner with an RPO, get in touch with me today to discuss your talent acquisition strategy: david.shuttleworth@theconexusgroup.com