Wednesday, October 1, 2014

Success stories series: 5/7 - Recruiting & Hiring Process (HR Staffing & Outsourcing Vendors)

It's been an incredible ride validating Ranktab's value with key early adopters. We are excited to share our first series of success stories with our followers, here is our fifth case in a series of 7, we hope you like it, and if you do please share!

Case Study: Recruiting & Hiring Process (HR Staffing & Outsourcing Vendors)

Organization profile – Fortune 500 semiconductor company, a global leader in embedded processing solutions for the automotive, consumer, industrial and networking markets.
  • More than 6,000 patent families.
  • Invests about 18% of its net sales in R&D every year.
  • Approximately 17,000 employees in more than 20 countries.
Business situation – Semiconductor companies live in a constant struggle for the industry’s best talent, creating a scarcity environment in which speed and accuracy in the HR process is a key factor for success.

Decision Making challenge – One job opening, 10 applicants from 3 HR staffing vendors, 4 in-company-cross-functional managers involved in the decision. Adding the time factor to this equation creates a bigger challenge for the department in charge.

Solution – Ranktab’s Private Platform (RPP) allowed the management team to transform never-ending discussions and subjectivity into a step-by-step documented and collaborative process with an objective funnel to ease decision-making. While the platform’s nature is to share, RPP allowed keeping control and privacy in such a delicate matter.

Benefits – Removing ambiguity to a key process to make it faster and more reliable without the complexity of an expensive licensed system was outstanding. The customer was able not only to have all the relevant data for each applicant, but also to leverage previous interviews’ intelligence to save time.

Services used -
  • Ranktab’s Private Suite
  • Instant Results Viewer and PDF Reports 
  • Private Sharing Options
  • Ranktab’s Proprietary Algorithm

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