Property Tech Unicorn Gets Fairytale Engineering Savings of $150,000+ and 1000+ hours with JobTwine

The property tech space is an industry where legacy players dominate the market. It is almost an impenetrable fortress for new comers to leave a footprint and last. Success, therefore, depends on being agile in the execution of strategies and scaling up through unique innovation. For that, a great team is necessary.

However, creating a good team is not simple. The presence of legacy giants makes it difficult to hire talent due to preconceived preferences. There is also high chances of poaching in the industry as it is a specialized niche and experts is difficult to hide. To build a good team of talent that can tackle the various aspects of the industry, one needs to have an effective hiring funnel that ensures minimal attrition and high acceptance.

Key Challenges

Our client, a unicorn in the property tech space, utilized JobTwine’s Software-as-a-Service platform to tackle these challenges. Their main hurdle to building an awesome team was a huge churn and variation in screen their potential candidate. Their goal was to streamine the entire interview process and increase the effectiveness of hire.

JobTwine Solution

They used JobTwine to help the internal panel take more structured interviews and follow a standardised process. It helped them assess all the candidates with the same hiring yardstick and sort the talent pool according to their hiring goals.

The Outcome

The result was phenomenal. Their attrition rate reduced by 25% and there was an increase in productivity by 32%. This was mainly attributed to their ability to hire the right candidate for the right role. Key metrics of success include a decrease in their offer rate from four weeks to one week, a 1000+ hours of engineering hours saving, 93% of interviews conducted withing 24 hours of resume upload, and $150,000+ worth of engineering cost savings. There was also an 85% feedback submission withing 2 hours of interview, increasing the chances of getting the best candidates. The numbers may seem like a fairytale, but for our unicorn client, it became a reality with JobTwine.

Nobroker

nobroker.com

Industry

Real Estate

Founded

2014

Number of Employees

3,590

Use Case

Interviewer Copilot

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