Filling a Long-Open Critical Position
Industry:
Financial Services
Challenge:
A key revenue-generating position remained unfilled for 10-12 months due to a lengthy hiring process and uncompetitive compensation.
Solution:
YBI Recruiting streamlined the hiring process, targeted less competitive markets, and ensured competitive compensation.
Result:
Reduced time to hire from nearly 12 months to 60 days, filling all critical positions promptly and boosting productivity.
Filling a Long-Open Critical Position in Financial Services
A leading financial services company faced a prolonged vacancy in a key revenue-generating role, with the position remaining unfilled for 10-12 months. The lengthy hiring process and non competitive compensation led to high candidate drop-off rates and lost top talent to competitors. YBI Recruiting stepped in, analyzing the hiring process to identify bottlenecks and optimize screening and interviewing phases. We also targeted less competitive markets where the company’s compensation was more attractive. By streamlining the process and providing market insights, we reduced the time to hire from nearly 12 months to just 60 days. This prompt filling of critical positions significantly boosted the company’s productivity and competitive edge in the market.
Massive Cost Savings by Switching to YBI Recruiting
Industry:
Technology
Challenge:
Over $1M annual spend on traditional staffing firms with no way to control increasing costs.
Solution:
YBI Recruiting developed a targeted hiring plan, providing an unlimited pipeline of qualified candidates.
Result:
Reduced staffing costs by 60% in the first year, achieving sustainable savings and supporting company growth.
Massive Cost Savings by Switching to YBI Recruiting in the Tech Sector
A fast-growing tech company was burdened with over $1 million in annual staffing costs due to their reliance on traditional staffing firms. These firms charged 25-30% of a new hire’s annual salary, leading to unsustainable spending and financial strain. YBI Recruiting collaborated with the company to develop a targeted hiring plan, focusing on key positions each month. By providing an unlimited pipeline of qualified candidates and leveraging market data, we enabled the company to be selective and efficient in their hiring. As a result, the company reduced their staffing spend by 60% in the first year. This substantial cost saving allowed them to reinvest in innovation and other strategic initiatives, supporting their continued growth.
Reducing Time to Hire
Industry:
Customer Service/Call Center
Challenge:
Slow recruitment process leading to extended vacancies and missed sales opportunities.
Solution:
YBI Recruiting implemented a data-driven approach to refine candidate targeting and streamline the hiring process.
Result:
Reduced time to hire from several months to a few weeks, filling key positions promptly and boosting sales.
Reducing Time to Hire for a Retail Chain
A major retail chain was struggling with a slow recruitment process, leading to extended vacancies in critical positions and missed sales opportunities. The inefficiency in their hiring process increased the workload for existing employees and impacted customer satisfaction. YBI Recruiting stepped in with a data-driven approach, using market insights to refine candidate targeting and streamline the hiring process. By optimizing each step and ensuring a steady flow of qualified candidates, we reduced the time to hire from several months to just a few weeks. This improvement allowed the retail chain to fill key positions promptly, enhance operational efficiency, and boost sales, significantly improving their market position and customer satisfaction.
Ready to Transform Your Hiring Process?
Contact us today to learn more about our services and how we can assist with your recruitment needs. Let us help you build a team that propels your business forward.
