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^Growth Guarantee Scheme for Recruitment Process Outsourcing (RPO) Providers

Q: Are Recruitment Process Outsourcing (RPO) Providers eligible for the Growth Guarantee Scheme?

Yes, RPO providers are eligible if they are UK-based, trading, have turnover up to £45m, and are viable. Only a few excluded sectors apply.

Q: Is the Growth Guarantee Scheme limited to specific sectors?

No, except for some limits on agriculture and fisheries (mainly for Northern Ireland). Most sectors, including RPO, are eligible.

Q: What finance can RPO providers use the Growth Guarantee Scheme for?

RPO providers can use the funding for any legitimate business purpose, including cashflow, growth, and working capital.

Q: What are the key eligibility criteria for RPO providers under the Growth Guarantee Scheme?

Must be UK-based, have turnover under £45m, be viable, not in financial difficulty, and generate 50%+ income from trading.

Growth Guarantee Scheme for Recruitment Process Outsourcing (RPO) Providers is a promise that ensures consistent business growth and success when companies outsource their hiring processes to these providers. It gives clients confidence that their recruitment needs will be met effectively. Interested in learning how it can boost your hiring? Let’s chat!

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What are the ^benefits of Growth Guarantee Scheme for Recruitment Process Outsourcing (RPO) Providers?

The Growth Guarantee Scheme for Recruitment Process Outsourcing (RPO) Providers is a strategic initiative designed to enhance the efficiency and effectiveness of recruitment services. By guaranteeing growth in recruitment outcomes, this scheme helps RPO providers innovate and improve their hiring processes, ensuring that clients achieve better candidate placements and satisfaction. It commits providers to deliver high-value results, thereby fostering trust and long-term partnerships with businesses.

Cost savings

Improved hiring processes

Enhanced client satisfaction

SCALE YOUR BUSINESS TO NEW HEIGHTS

What are the different types of Growth Guarantee Scheme for Recruitment Process Outsourcing (RPO) Providers?

Revenue-Based Growth Guarantee

Schemes that guarantee RPO providers a minimum revenue or fee over a contract period.

Revenue-Based Growth Guarantee

Revenue-based growth guarantee ensures RPO providers receive a minimum income, regardless of client hiring fluctuations, thus supporting their business stability and encouraging investment in scaling recruitment operations.

Volume-Based Growth Guarantee

Guarantees a minimum number of roles or placements for RPO providers over a set term.

Volume-Based Growth Guarantee

Volume-based growth guarantees commit clients to outsource a minimum number of hires, providing RPOs with predictable workflow and the confidence to invest in resources, technology, and talent pipelines for future growth.

Performance-Linked Growth Guarantee

Incentivizes RPO providers with bonuses or contract extensions tied to meeting specific KPIs.

Performance-Linked Growth Guarantee

Performance-linked growth schemes reward RPOs for exceeding targets—such as time-to-hire or quality-of-hire—by offering financial incentives or contract growth, aligning both parties' interests in delivering recruitment excellence.

What is the Growth Guarantee Scheme for Recruitment Process Outsourcing (RPO) Providers?

Revenue-Based Growth Guarantee

This scheme ensures that RPO (Recruitment Process Outsourcing) providers receive a minimum revenue or fee over the contract period, giving them financial stability and confidence to invest in better recruitment solutions.

Volume-Based Growth Guarantee

Under this scheme, RPO providers are guaranteed a minimum number of roles or placements to fill over a set period. This helps RPO providers scale and plan their resources efficiently, as they have certainty about a baseline workload.

Performance-Linked Growth Guarantee

This type of guarantee ties additional rewards, such as bonuses or contract extensions, to the RPO provider’s achievement of certain agreed-upon performance metrics like speed of hiring or candidate quality.