RPO Services in Mexico Market Intelligence

Are you looking for answers on RPO Services in Mexico category?

Are you looking for answers on RPO Services in Mexico category?

  • What are the key trends in RPO Services in Mexico category?
  • Am I paying the right price?
  • Am I working with the right supplier?
  • What are the major challenges and risks in RPO Services in Mexico industry?
  • How is RPO Services in Mexico industry performing?

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Report Coverage

  • Supplier Analysis
  • Best Practices
  • Labor Market Insights

Table of contents

  1. MARKET ANALYSIS
  1. RPO INDUSTRY OUTLOOK
  1. LABOR MARKET INSIGHTS
  1. KEY TRENDS IN MEXICAN MARKET
  1. TECHNOLOGY TRENDS IN RPO SERVICES
  1. BEST PRACTICES
  1. ENGAGEMENT MODELS
  1. SOURCING MODELS
  1. PRICING MODELS AND COST ANALYSIS
  1. KEY PERFORMANCE INDICATORS
  1. SUPPLIER ANALYSIS
  1. SUPPLIER SHORTLISTING PROCESS
  1. GLOBAL AND REGIONAL SUPPLIER LANDSCAPE
  1. SUPPLIER PROFILES
  1. CASE STUDY

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Regional Outlook on RPO Services in Mexico

  • The global RPO industry is expected to grow at a CAGR of 14.40 percent in 2017–2025
  • The Latin American RPO industry is expected to grow at 10 percent in 2017–2025 and key trends driving the growth of RPO services are mentioned below:

rpo services mexico

 

Economic growth in Mexico is expected to drive the employment activities across accounting and finance-related job roles in 2019.Increase in trend of inflow of migrants from other Latin American countries in the Mexican market for labor work

Key Insights: Employment Trends

  • Moderate employment rates for blue-collared and semi-skilled workforce
  • Increase in working age population has enhanced the labor productivity growth in services and manufacturing sectors
  • Unemployment is moderate. Migrant workers in rural areas of Mexico are less educated and requires skill development programs for enhancing language proficiency

Drivers and Constraints

Drivers

  • Employees stay in one job for 7–10 years, and thereby, satisfaction level of employees is comparatively higher compared to other geographies
  • Access to better technology and social media adoption are few drivers for companies to adopt technology for recruitment services in the Mexican market

Constraints

  • Multi-country approach is difficult to implement, due to different labor laws and regulations across LATAM
  • Buyer maturity and its successful RPO implementation rates are comparatively lower than other geographies
  • Lack of knowledge and unrealistic expectations about talent availability are major challenges for recruiters
  • Increase in business activities in Mexico may lead to a change in the management from the client's side

Technology Trends in RPO Services

  • Artificial intelligence-aided technology tools are adopted widely by buyers for enhancing the candidate hiring process
  • Integrating technology tool with their recruitment services through M&A and collaborations is one of the major supplier trends in 2018
  • Increasing adoption for technology is encouraging suppliers to adopt innovations and automated tools while hiring
  • Suppliers integrating with artificial intelligence provide higher decision-making ability compared to previous tools

ATS Implementation

The ownership of the technology lies with the buyer. The supplier provides upfront implementation and ongoing maintenance.

Platform-based ATS Solution

A pre-configure ATS solution is hosted, owned, and maintained by the supplier. The pricing for technology and process is combined into one price component.

Shared Services

  • Online recruitment marketplace
  • Online job boards
  • Career portals
  • Talent acquisition tools
  • SaaS-based online platform for recruitment marketing

E-Tools

  • Predictive analytics & big data
  • Rise in automation support for hiring services
  • Artificial intelligence-aided tools for candidate assessments

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