R
Referral
Often considered one of the most effective sources of candidates when suggested by a current employee, this is the act of suggesting a candidate for consideration for a job or assignment.
Requisition
This is often used to describe a request for a worker or workers. It is often shortened to ‘req.’
RFI- Request for Information
An RFI is an invitation to suppliers to provide information about their company and solution capabilities for a client to assess the marketplace for available solutions to a business problem and whether the company would qualify for a Request for Proposal (RFP).
RFP - Request for Proposal
When suppliers are invited to bid for a specific product or service this usually involves a document called an RFP, which will ask the suppliers to provide basic corporate information, history, financial information, technical capability, product information and estimated completion period, and customer references. The bidders return a proposal by a set date and time.
RFQ - Request for Quotation
An invitation for suppliers to provide a price for their services / response to a business problem.
RFx
RFx is a procurement term used to generically describe the vendor selection process. May include an RFI and RFP.
RPA – Robotic Process Automation
Robotic process automation (RPA) is the use of software with artificial intelligence (AI) and machine learning capabilities to handle high-volume, repeatable tasks that previously required humans to perform.
Rogue spending
Spending with staffing suppliers outside of pre-negotiated contracts or the guidelines/policies of the organisation. Also called maverick spending.
RPO – Recruitment Process Outsourcing
When a provider acts as a company’s internal recruitment function for all or part of its recruiting process. Read more about our RPO offering.
RPO Essentials
An RPO service offering designed for smaller scale solution requirements that can be deployed in eight weeks rather than the usual 12. It includes standardised pricing, processes and technology solutions to enable this. Read more about RPO Essentials.