ATLANTA, Oct. 13, 2015 /PRNewswire/ -- Randstad Sourceright, a global talent leader, today announced that it has been recognized in a new market report from Everest Group, "Recruitment Process Outsourcing – Service Provider Landscape with PEAK Matrix™ Assessment 2015." The report, which provides an overview of the current recruitment process outsourcing (RPO) market and leading providers in the industry, highlights Randstad Sourceright as a Leader and Star Performer, based on the strength and scope of its global RPO capabilities.
As companies around the world struggle to find the talent their organizations need to be successful, more employers have sought the help of an RPO provider to manage some or all of the activities associated with recruiting permanent employees. As the market for RPO solutions continues to expand, Everest Group's latest report evaluates the growing RPO provider landscape based on each provider's delivery capability and market success. Measuring by scale, scope, technology and innovation, delivery footprint and buyer satisfaction, the report also includes Everest Group's PEAK Matrix, which categorizes RPO providers into Leaders, Major Contenders and Aspirants based on their scores.
Randstad Sourceright was positioned as a Leader in the RPO landscape, highlighting the effectiveness of its RPO solutions and ability to deliver its high-level capabilities to employers hiring across the globe. In addition, the company was noted for its best-in-class delivery footprint and received high marks for its scope of services, technology and innovation and market success. Based on its continued growth, Randstad Sourceright also received the Star Performer designation, which recognizes a company's year-on-year movement within the PEAK Matrix.
"The combination of innovation, expanded global service delivery and increasing market share are just some of the factors contributing to Randstad Sourceright's position as a Leader in the RPO PEAK Matrix," said Rajesh Ranjan, partner and head, Business Process Services research, Everest Group. "As the demand for RPO solutions continues to grow, the company is strongly positioned to deliver innovative solutions that help companies overcome their recruiting challenges as they seek to build strong workforces."
As Randstad Sourceright continues to expand its RPO functionality, the company has made some significant advancements to its RPO offerings. These include the launch of TalentRadar, an advanced analytics and recruiting intelligence platform enabling employers to leverage data from multiple systems to make informed talent decisions. The company was also highlighted in the report for signing a significant number of new RPO deals, as well as posting a large increase in the total number of hires managed through its RPO services.
"Factors like growing skills gaps, a dynamic economy and an evolving labor landscape have introduced greater challenges as companies strive to build effective workforces," said Rebecca Henderson, chairman of the Randstad Sourceright Global Leadership Team. "Randstad Sourceright strives to provide the solutions to help companies overcome these obstacles and connect with the talent that can make a difference in their organizations. We are thrilled to be named a Leader and Star Performer by Everest Group for our ongoing RPO market success."
Randstad Sourceright's positioning on the Everest Group PEAK Matrix report is the latest recognition of its RPO solutions. The company was also named the number one overall RPO provider by HRO Today Magazine in its annual RPO Baker's Dozen report.
Additional information on the "Recruitment Process Outsourcing – Service Provider Landscape with PEAK Matrix™ Assessment 2015" report can be accessed at: https://research.everestgrp.com/Product/EGR-2015-3-R-1595/Recruitment-Process-Outsourcing-Service-Provider-Landscape-wit.
About Randstad Sourceright
Randstad Sourceright is a global talent leader, providing solutions and expertise that help companies position for growth, execute on strategy and improve business agility. Our experience encompasses all facets of talent, including traditional employees and the contingent, free agent workforce. Key offerings include, Recruitment Process Outsourcing (RPO), Managed Services Provider (MSP) programs, Blended Workforce Solutions, Payroll and Independent Contractor Services (PICS) and Career Transition Services (CTS). As an operating company of Randstad, a $22.9 billion global provider of HR services, Randstad Sourceright delivers the resources and deep capability companies need to optimize their talent strategy for business growth and transformation. We are consistently recognized for service excellence and innovation by industry organizations such as Everest Group, HRO Today Magazine and Staffing Industry Analysts. To learn more, visit www.randstadsourceright.com.
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SOURCE Randstad Sourceright