CV Tsunami's!

"We're swamped with applications," sighed Alexander, a hiring manager we recently partnered with. "Hundreds for a single role. It should be a good problem to have, right?"

Wrong. As many of you are experiencing, the recent influx of talent, while seemingly a boon, often translates into hours wasted sifting through unsuitable CVs. And the longer a critical role stays unfilled, the more hidden costs your business accrues.

Consider this: for a Senior Software Engineer role with a team where each engineer contributes approximately €10,000 in monthly revenue, even a one-month delay can lead to a €10,000 loss in productivity alone. Add to that the time your hiring manager spends (potentially €1,667 per month), job advertising (€1,500), brand promotion (€1,000), internal HR costs (€4,167), and ATS fees (€1,000), and you're looking at a staggering €18,334 in hidden costs for just one month of vacancy!

This was precisely the situation facing Alexander. He was struggling to find the right Senior DevOps Engineer amidst a sea of applications, and the role had been open for over a month.

Here's how DigiTech Search cut through the noise and delivered, demonstrably saving Alexander money:

1. Deep Dive Brief: We didn't just look at the job spec. We understood the urgency and the potential financial impact of the unfilled role for Alexander's team.
2. Targeted Headhunting: We bypassed the application deluge and proactively sourced top-tier, passive candidates who possessed the specific skills to minimize productivity loss and contribute to revenue generation quickly.
3. Rigorous Qualification: Our thorough screening process ensured that Alexander only saw candidates who were a strong technical and cultural fit, saving his internal teams countless hours and associated costs.
4. Focused Presentation: We presented a curated shortlist of highly qualified candidates, leading to a swift and successful hire within weeks.

The Result? Alexander filled his critical Senior DevOps Engineer role quickly and efficiently with our support. By avoiding just one more month of vacancy, he effectively saved approximately €6,334 when comparing our average recruitment fee of €12,000 to the €18,334 in potential hidden costs he was facing. This doesn't even factor in the accelerated productivity and potential revenue gains from having the right person in place sooner.

The Takeaway: Don't let the illusion of a large talent pool mask the significant hidden costs of a prolonged vacancy. Partnering with DigiTech Search isn't just about filling a role; it's about making a strategic investment that directly impacts your bottom line by minimizing time-to-hire, reducing internal burdens, and ensuring you secure top talent efficiently.

Ready to stop the hidden costs from piling up like they were for Alexander? Ping us to set-up a chat to see how we can save you countless wasted hours on your recruitment.