Veritude's Client Experienced 400% Decrease in Turnover

Case Study

Industry:

Staffing and RPO

Profile:

Veritude is headquartered in Boston, MA, and a wholly owned subsidiary of Fidelity Investments. Veritude offers Recruitment Process Outsourcing (RPO), staffing services, managed services and consulting services to a wide range of companies.

Veritude's Client Profile:

Financial institution that provides higher education loans to students.

Challenge:

Veritude’s client has strong seasonal activity between May and September. Temporary workers fill a variety of loan processing jobs, and top performers are given the opportunity for full-time work. The challenge has been to attract high-quality candidates and reduce turnover during peak activity in the summer months.

Solution:

The Candidate Evaluation System with job branding offered candidates a realistic preview to the job while providing Veritude recruiters an easy-to-use system for qualifying their client's candidates.

Results:

The result was a dramatic decrease in job turnover (400% reduction) for the client and associated cost savings for Veritude. Higher quality candidates positioned Veritude for a larger share of their client’s business the following year.