Recruitment process outsourcing services have emerged as a significant aid in curbing the rising attrition rate across several industrial verticals. Several employers have increasingly started opting for Recruitment process outsourcing services to focus on their core competencies and cost reduction. This trend has given a significant push to the Recruitment process outsourcing market over the past few years. Moreover, the increasing numbers of fresh graduates and post graduates have boosted the need for such services.
According to the report by Business Market Insights, Canada Recruitment Process Outsourcing Market is expected to reach US$ 40.67 Billion by 2027 with CAGR of 29.1%.
Outsourcing the recruitment process is when a company transfers all or part of its permanent recruitment to an external supplier. An RPO supplier can provide the staff, technology and methodology needed to meet a client’s hiring requirements.
The Canada Recruitment Process Outsourcing Market is growing along with the Technology industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.
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The growth of the market for recruitment process outsourcing is expected to remain strong in the forthcoming years. Recruitment Process Outsourcing services are rapidly gaining popularity as they enable the client organization to focus on their core business activities and facilitate a substantial reduction in overheads. Their providers offer majorly two services, namely off-site and on-site. The growing preference of off-site services owing to rapid Canada is fuelling the overall market. Based on type of outsourcing, these services can be classified into partially outsourced and fully outsourced.
These factors are expected to offer broad growth opportunities in the healthcare industry and this is expected to cause the demand for immunochemistry assays in the market.
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Canada Recruitment Process Outsourcing – MARKET SEGMENTATION
- Technical Staff
- Sales & Marketing
- Office / Admin Support
- Oil & Gas
- Automatic Data Processing Inc.
- Bluebix Solutions Inc.
- Hays Specialist Recruitment (Canada) Inc.
- Hudson Inc.
- Manpower Group
- Randstad Sourceright
- Scout Talent
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