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Recruitment Process Outsourcing (RPO), being an integral component of the Human Resource Outsourcing, is becoming a really hot trend all over Europe.
TEAM International offers brief overview of the most exciting European Recruitment Process Outsourcing (RPO) trends and future expectations.
In the first half of 2008 the report 'Opportunities for recruitment process outsourcing in a changing HRO market' was published providing some major estimations of the global RPO market, comparing past and current trends and making predictions to future development. According to this report, in 2007 the global RPO market was worth US$720 million and was expected to grow by 22% in 2008. It is also predicted that in 2009 RPO market will surpass US$1 billion level. Although demand comes predominantly from US-based Fortune 1000 companies, the market is growing rapidly in continental Europe, the UK and Asia Pacific.
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