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How Oyo Rooms experienced big lift in hiring metrics

OYO Rooms, India’s largest hospitality company which operates in more than 6 countries in Asia with more than 8,500 hotels in 230 cities, was looking for an efficient and tightly controlled Talent Acquisition and Retention strategy to generate stronger financial metrics and increased productivity.



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About Oyo Rooms

OYO Rooms (OYO) is India’s largest hospitality company, operating in more than 6 countries in Asia with more than 8,500 hotels in 230 cities. The hotel network offers standardized and hassle-free stay experiences at an unmatched price. With a revenue of INR 2,600 crores (2017), the company has clocked in 40, 00,000+ room nights since its inception in 2013.

Segment: HR Corporate
Industry: Hospitality
Employee Strength: 8,000+

The Impact

Challenge:

Our Intervention

An increasing trend in key metrics like selection ratio, offer to joining ratio, offer roll outs, referrals, and early attrition were the illustrative indicators that the recruitment solution deployed by us had enhanced the talent pipeline of the company.

Some Pointers

In order to achieve the desired growth, it was crucial for Oyo to deploy a flexible scale-up/scale-down mechanism.

  • Digitized Candidate Sourcing
  • Tying SLA results to KPIs
  • Failure Mode Effect Analysis

The Outcome

The company wanted to hire for 300+ positions every month across 55+ locations in India. With the help of Taggd, company was able to manage 1,100+ hiring drives and ramp up their permanent annual hires by 3X.

Results: 46% Selection Ratio

* 31 days’ time-to-fill
9% Employee Referral
12% Early Attrition
84% offer to joining ratio

What they are saying about us

They delivered the results for our ambitious recruitment needs. The service, the prompt attention, the consistent follow up and the quality of candidates we got from them speaks well of their recruiting and screening process.
Having a partnership with Taggd has significantly improved our time-to-hire on several key roles. They are engaging, dependable and high in integrity.

want to know more?

What is Recruitment Process Outsourcing in talent acquisition?

Recruitment Process Outsourcing, or RPO, as the name suggests, is the process when a company outsources the recruitment of their employees to a third-party provider.

How can an RPO help your business with recruitment?

A recruitment outsourcing company can help your business in several ways. They provide access to high-quality resources and advanced technology, which can streamline the hiring process, reduce time-to-hire, and improve cost-to-hire. Additionally, RPO service providers offer recruiting strategies, such as employer branding, that can help organizations attract top talent.

What is the process of Recruitment Process Outsourcing (RPO)?

Recruitment Process Outsourcing is an effective way to hire talent. In this process, RPO service providers fulfil the hiring needs of an organization, this includes creating job postings, pre-screening candidates, conducting interview drives, managing offer stages and onboarding procedures.

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