Recruitment as a Service (RaaS) is a modern approach to talent acquisition where recruitment services are provided on a subscription basis. This model integrates the recruitment function directly into an organisation, creating a seamless and continuous hiring process. Instead of paying per hire or engaging traditional recruitment agencies sporadically, companies subscribe to ongoing recruitment services, which allows for more predictable costs, better alignment with company culture, and greater flexibility in scaling recruitment efforts to meet business needs.
Key Features of RaaS
- Subscription-Based Model: Companies pay a regular fee for ongoing recruitment services, similar to other subscription-based business models.
- Integrated Recruitment Teams: Recruiters are embedded within the client’s organisation, working closely with internal teams to understand their specific needs and culture.
- Cost Predictability: Subscription pricing provides clear and predictable recruitment costs, often lower than traditional per-hire fees.
- Scalability: The model can easily scale up or down based on the organisation’s hiring needs, making it suitable for companies of all sizes.
- Continuous Talent Pipeline: RaaS ensures a continuous flow of qualified candidates, reducing the time to fill positions and improving overall hiring efficiency.
- Enhanced Employer Branding: With recruiters working as part of the internal team, there is a stronger focus on promoting the company’s brand and culture to potential candidates.
Benefits of RaaS
- Cost Efficiency: Eliminates the high costs associated with traditional recruitment agency fees and reduces the need for extensive internal HR resources.
- Improved Quality of Hire: Embedded recruiters have a better understanding of the company’s culture and needs, leading to more successful hires.
- Faster Time-to-Hire: Continuous recruitment efforts and a steady talent pipeline reduce the time required to fill positions.
- Flexibility and Adaptability: Easily adjusts to changing business needs and market conditions, ensuring that recruitment efforts remain aligned with strategic goals.
- Focus on Strategic Recruitment: Allows internal HR teams to focus on strategic initiatives rather than day-to-day recruitment activities.
We are Troi, and we’ve reimagined RPO
We seamlessly integrate with your team to deliver on your talent acquisition goals. Maintaining your company culture and values, while providing you with years of expertise and a fully optimised network. Not to mention that your Troi partner(s) will have the ability to draw on the knowledge of the entire team here at Troi.
With Troi you get all the stakeholder skills, strategic thinking and personal touches of an in-house recruiter with the network, reach, and urgency of outsourcing. That’s what the collective power of Troi is all about.
