Helping end the cycle of talent turnover

Supporting a major financial services client with their recruitment process to realise efficiencies and improve retention

Close up of a finger scrolling over financial charts on a mobile phone

A major financial trading platform had always utilised consultants and external agencies to build, manage and maintain their mobile app. But when a developer’s contract ended, the search process had to begin again as the consultants were not available for permanent hire. Without the ability to retain talented professionals, the company was spending a large budget on a seemingly endless – and wasteful – recruitment cycle.

We recommended a comprehensive, streamlined approach to sourcing project-based talent available for transition to permanent employment that would provide better long-term return on investment.

SThree’s primary point of differentiation in the STEM staffing industry is a dedicated service practice and a proven methodology for vetting candidates. Our industry-leading, four-step accreditation process is designed to create partnerships between innovative clients and highly skilled professionals.

By deploying these proven best practices for vetting candidates, SThree gave the client access to the most optimal candidates for their needs.

Our knowledge of the talent pool in the mobile industry allowed us to help the client’s leaders communicate and collaborate on their needs versus their wants in a hire, helping them prepare a more succinct and optimized job description.

By allowing us to administer the needed skills test and most of the interview process, the ratio of interviews to hires was reduced from 12:1 to 2:1. We also reduced the interview time per candidate by 50%, requiring only one panel interview and empowering the client to make same day offers.

Helping the client to develop a trusting and mutually beneficial relationship with each placed contractor created a more engaging work experience, encouraging talent retention and reducing the onboarding burden. Employing contractors for renewal and conversion to permanent hire reduced retraining and expenditure of resources.

By using the contract to permanent hire model, the company retained an in-house worker’s compounding knowledge and team-specific expertise, allowing for wider-reaching business solutions based on a more thorough bank of industry knowledge.

Hiring SThree to do the sourcing for them allowed the client’s leadership team to focus on their own jobs. Productivity improved and a significant amount of money was saved through adopting an SThree solution to the staffing problem.

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