Case Study 2

Revolutionizing Talent Acquisition: Higherd Solutions' Success Story with a Prominent Financial Institution

Every business has a unique story. This success story revolves around a prominent financial institution and Higherd Solutions, a leading recruiting and staffing agency. Read on to learn how Higherd Solutions addressed the financial institution’s talent acquisition challenges and enhanced its recruitment processes. Let’s get started!

Client’s Business details:

The client is a reputable financial institution operating globally. The firm of around 300 to 500 employees was founded by a passionate Financial Analyst, Ryan Kuck, in 2019 as a small company. Now, they are working in diverse environments and generating handsome revenue each month.

What challenges were they facing?

The client needed help with lengthy recruitment cycles and high turnover rates. They were unable to identify candidates with the desired skills and cultural fit. They needed help in hiring top-quality talent across various functional areas, such as finance, risk management, and compliance. They contacted Higherd Solutions as a strategic partner for streamlining their recruitment processes and helping them to hire qualified professionals.

Learn how Higherd Solutions resolve the issues:

With the help of Higherd Solutions, the financial institution gained access to a pool of qualified specialists with extensive financial industry knowledge. They collaborated with the CEO of the company to gather information regarding their specific requirements, organizational culture, and talent needs.

Strategy Implementation:

Higherd Solutions applied a multi-faceted approach. They utilized targeted job advertisements, proactive candidate sourcing, and rigorous screening processes to attract the suitable candidates. With their 20+ years of hiring experience, they quickly identified qualified candidates who aligned with the institution’s values and objectives. They handled the whole recruitment process, from initial candidate screening to final selection.

Results and benefits:

After successfully completing the procedure, here’s a list of notable achievements:

  1. Reduced time-to-hire: Higherd Solutions’ efficient hiring methodology has significantly reduced the time to hire. They have managed to decrease the timeframe of filling out open positions by 30%. This allowed the institution to secure top talent swiftly and minimize productivity gaps.

 

  1. Enhanced candidate quality: The targeted sourcing and rigorous screening processes have led to enhanced candidate quality. We have witnessed a remarkable 20% increase in the number of qualified candidates.

 

  1. Lower turnover rates: We have successfully achieved a 15% reduction in turnover, which has enabled the institution to expand its operations and maintain a competitive edge in the industry.

You can be the next to share your success story. Don’t hesitate to get in touch with Higherd Solution to boost your productivity by outsourcing your recruitment process and getting exceptional talent from around the world.