Case study
Case Study: Technology start-up overhauls Hiring Process to support company's growth
How do you recruit the best team of designers, engineers, developers, architects… in different countries to support your company’s expansion? That’s the questions that a California technology start-up had to ask as they struggled to hire and retain candidates. Despite the incredible growth within the company, the Talent Acquisition team was not able to keep up with the high demand of candidates and knowledge of the different markets they were expanding in.
Lagoon partnered with the company to build a strong hiring process that matched their growth plans and review their methodologies to reduce the time-to-fill of new positions.
The client was able to closely observe the results that could be achieved using Recruiting Process Outsourcing (RPO). They worked in close collaboration with Lagoon Team using their integrated software solution that proved to be key to communicate and make the good decisions.
Over the first 6 months of the engagement, Lagoon has helped the client to reach:
Candidates Sourced
0
Candidates Screened
0
Offers made
0
New Hires
0
Average Time-to-fill (days)
0
Cost-per-hire reduction (%)
0
Teams are the new heroes!
As per the client’s early stage in business, its primary focus was to grow its customer base and utilize the most of its resources into the achievement of this goal. Its Talent Acquisition team was not able to cope with the hiring demand and they lack of a robust hiring process. Due to this strategy, employee retention was very low and time-to-fill ratios skyrocketed.
Second main issue was that client’s Talent Acquisition Team lack of knowledge to hire in international markets such us Europe and Latin America. With very little to no expertise, they used costly local agencies with different ways of working, leaving the TA team lost in hundreds of emails and miscommunications. This resulted in a low employee satisfaction and an increase in the cost-per-hire due to the intensive use of third party agencies.
All hands on deck!
Everything started with an assessment of the client’s current situation back in November 2019. Lagoon began working with the client’s Talent Acquisition team and develop a more efficient hiring process and standardization across different domains. Lagoon’s Technology Solution contributed to simplify and unify in one single tool all the communications between the client and Lagoon, from candidates reviews, to analytics or access to the talent pipeline.
The Recruiting Process Outsourcing solution help the client to reduce by -32% its cost-per-hire ratio thanks to the reduction in spending on its own wages, software, hardware, infrastructure, 3er party agencies, among others.
“The involvement of the leadership team on the part of the client was key to become a solid partnership” said Lagoon co-founder Virginia Laguna. “They saw the benefits of using the RPO solution to support their business growth internationally thanks to reduction of the time-to-fill and the cost-per-hire ratios”.
LAGOON
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