VALUE
BEATS
COST.
Are agencies
the best approach?
As we all know.
Paper beats rock.
Rock beats scissors.
Scissors beats paper.
And.
Value beats cost.
Recruitment agencies, long favoured for their perceived quick access to candidates, have dominated how organisations hire. However, the landscape extends beyond mere transactions, encompassing brand, process, transparency, and cost.
Enter 2021, and Kalibrate, a 260-person technology firm, sought a transformative approach to hiring. Previously reliant on expensive and transactional external agencies that struggled to grasp Kalibrate's brand and culture, the urgency to do something new intensified with a hiring plan for over 100 people globally.
Kalibrate turned to an embedded immersive solution, swiftly implementing a standardised yet flexible recruitment process. A Lead Talent Partner spearheaded the deployment of an immersive recruitment workflow, applicant tracking system and sourcing tools, creating a transparent hiring approach for the UK.
Expanding the candidate-centric approach, additional resources were added to North America and APAC.
THE RESULT.
A successful 75% cost reduction compared to agency, with immersive's cost of hire now just a quarter of equivalent agency costs.
Beyond cost savings, immersive focused on understanding Kalibrate's business goals and culture, fostering and developing the employer brand. Transparency became key, with hiring managers and candidates actively participating in the process rather than being passive recipients.
immersive's dedicated approach yielded higher retention rates compared to agency hires, solidifying their status as an integral part of Kalibrate.