Career International: China's Market for Recruitment Process Outsourcing Is Booming
BEIJING, May 5, 2011 /PRNewswire-Asia/ -- Recently, Career International Consulting Ltd ("Career International"), one of the leading total recruitment solutions providers in Asia, officially announced the establishment of its first recruitment process outsourcing base in China in Suzhou Industrial Park (SIP). The base will initially focus its operations mainly in Suzhou, and will become a model center for human resources outsourcing services for the southern Yangtze Delta region and for China as well. In the future, the base will provide the company's large-scale recruitment programs in China and abroad with support for the searching out of human resources, it will assist companies with the optimization of their human resources systems, and it will enable the realization of SIP's strategic objective of becoming the number one outsourcing services center in China.
Preferential Policies Drive China's Outsourcing Services Market
The new world industry order, which is characterized by changes in the outsourcing, trade in services, high-end manufacturing, and technology R&D segments, is undergoing structural adjustment, and China is leveraging the nation's low cost of doing business, abundant human resources, economic stability, supportive government, and many other strengths to become one of the most promising destinations in the world for overseas outsourcing. Relevant data show that by 2015, China will be the world's most attractive supplier of outsourcing services. China's 12th five-year plan has already determined that the strategic services outsourcing industry will be a key area of development, and the plan especially emphasizes that, "The strengthening of the services outsourcing industry will allow for the improvement and transformation of China's larger industry structure, will speed up the transformation of the country's economic development model, and will realize the shift from the ubiquity of 'made-in-China' to that of 'created-in-China'. According to the estimates of experts in the field, within the next five to ten years, China has the potential to develop into the largest outsourcing services provider for the global business process outsourcing (BPO) market." The recruitment process outsourcing (RPO) segment, which is an important branch of the BPO industry, is a rapidly developing, highly promising emerging industry. The ability of RPO to assist companies to efficiently realize the allocation of human resources and increase value through proactive competitiveness is becoming more and more apparent in the modern commercial environment.
Companies that outsource recruitment lower costs and improve efficiency
As China's economy has developed rapidly, the lack of human resources has become a significant obstacle to corporations' development. According to the "2010 White Paper on the State of and Trends in Recruitment by Chinese Enterprises," 64% of surveyed enterprises believed that a lack of human resources that could meet the needs of the enterprise was the most serious problem encountered in the recruitment process, while 80% of surveyed enterprises identified the length of the recruitment period as the primary measure of the efficiency of the recruitment process. The dual pressures of maintaining effectiveness and controlling cost are leading more and more enterprises to realize the importance of utilizing the strengths of a professional team outside the company to implement the company's strategy on human resources and maintain the company's competitive advantages. The strong demand for human resources recruitment outsourcing services shows the great potential of the market. This is especially true now, after the global economic crisis, as the awareness of outsourcing is continually growing among corporations, and as the awareness of the model of RPO services is growing within China. Over 60% of companies have an excellent understanding of the RPO model, while 55% of surveyed companies' HR managers stated they would consider utilizing the RPO business model within the next three years.
As one of the forerunners in bringing the recruitment process outsourcing services model to China, Career International's President Wallace Gao stated, "Recruitment process outsourcing's core strength lies in the fact that companies only need to manage one supplier, and thus will greatly reduce the time needed for a job vacancy to be filled and as well as lower the average cost of recruitment, while the scale of the recruitment services team will also change flexibly with the needs of the company. Even more importantly, recruitment process outsourcing frees the human resources department from the numerous administrative tasks associated with the recruitment process, so that the department can concentrate more fully on its primary strategic objectives. After Career International introduced the recruitment process outsourcing model into China in 2004, it witnessed the rapid growth of the model in the country, and in the more than six years since the service was introduced, it has come to account for over 30% of Career International's business, realizing 100% growth for four consecutive years.
China's first RPO base will boast one thousand employees in three to five years
As the first RPO base in China, Career International's RPO base in Suzhou Industrial Park already has over 200 employees, and manages recruitment programs on a global scale for over one hundred multinational and large-scale Chinese enterprises in seven key industries and sectors including the financial, consumer goods, high-tech, and medical industries. The base will develop to have one thousand employees in the next three to five years, and will become the largest of Career International's 34 branch organizations in the Greater China region. The choice of Suzhou Industrial Park as the site for Career International's RPO base was based not only the fact that SIP, as the nation's most successful economic development area, has attracted numerous Fortune 500 companies and top Chinese enterprises, but even more importantly, because Suzhou, as one of the first cities in China to be named a model city for outsourcing services, is a major player in the development of the services outsourcing industry, and its uniquely attractive investment environment, professional approach to development, excellent cultural atmosphere, orderly society, strong support for human resources, and highly effective administrative services system have laid a firm foundation for the large-scale development of the services outsourcing industry.
About Career International
As a leading total recruitment solution provider in Asia, Career International was established in 1996 and has branches in 34 key national cities with more than 500 professional recruiters. In the past 15 years, Career International has been devoted to providing the best services to the clients in 17 relevant industries and fields to meet the recruiting requirements of clients at all levels. 80% of our clients are from multinational corporations and large listed Chinese companies among the Fortune 500 and the rest are from fast-growing medium-sized enterprises and nonprofit organizations. Career International is devoted to creating first-rate competitive management teams for the clients with our all-directional and one-stop recruitment solution, including permanent employee recruitment, recruitment process outsourcing , staffing services etc. In 2010, Career International successfully accomplished more than 10000 recruitment positions.
For more information, please visit www.careerintlinc.com
SOURCE Career International
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article