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Tech Conglomerate Saves $2.5M with NLB’s ‘Talent Community’

Why Change was Necessary

A leading technology conglomerate, with annual revenue of over USD 100 billion, faced multiple challenges in IT talent acquisition:

Scarce bandwidth of hiring managers and candidate-facing team members
High volume and low quality of resumes
High drop-out ratio after selection
Revenue loss due to suboptimal fulfillment cycle time

Experts at Work

NLB Services proactively developed a ‘talent community’ of vetted IT resources

Job requirements and screening criteria were discussed and agreed upon with hiring managers. Appropriate screening tests were promptly developed
NLB’s seasoned recruitment team sourced a pipeline of resources for each skill area and location
Screening tests were conducted using NLB’s AI-enabled platform and a vetted talent pool was created for each skill area

Impact We Delivered

%

reduction in full-time hiring vendor spend

%

reduction in average contingent labor rates

%

increase in job fulfillment rate

estimated annual savings

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