After a year of attempting to hire, conducting over 200 interviews with only a 30% success rate, this commercial bank turned to Tek Experts.
Opportunity
To support the rapid growth of this prominent financial institution and resolve a cycle of attrition, this bank was looking to hire 60 to 70 software developers on an annual basis. After a frustrating year of minimal success filling those positions with the right talent, a new solution was needed. After hearing about Tek Experts’ success rapidly sourcing talent at scale for well-known technology enterprises, the bank wanted to replicate this success and finally build the team it needed.
The Ask
To start, 10 developers with a mix of junior and senior level experience were requested. The specific technical requirements included Java/Spring Boot, C#/.Net Core, JavaScript Angular, JavaScript React Native, and Robotics Process Automation (RPA).
Solution
Within days, Tek Experts sourced 15 candidates with the right experience and skills and presented the set to the client. 90% of the candidates were considered a match by the client and 100% of the positions were filled. Tek Experts also assumed the role of Employer of Record, which is a cost-effective solution for the client to save on time and resources.
Outcomes
- Increased hiring success rate by 200%.
- Optimized cost and time to value by sourcing talent with specialized skills.
- Tek Experts onboarded the new hires and continues to manage back-end processes such as payroll and benefits, plus provided laptops.
- Client maintains control and responsibility for the deliverables of the work (SCRUM environment) and employee performance.
- Resolved a cycle of attrition with dedicated onboarding support and fulfillment of the employees’ desire to work for a tech company by being employed through Tek Experts.
- Repeat client: Tek Experts has been asked to source and fill additional open roles.
