How FinanceHub improved candidate quality by 45%

ApexHire Team10 min read
How FinanceHub improved candidate quality by 45%

Case Study Overview

Company
FinanceHub
Industry
Financial Services
Team Size
200+ employees
Challenge
High turnover due to poor candidate-job fit

Key Results

  • 45% improvement in candidate quality
  • 35% reduction in first-year turnover
  • 2x increase in hiring manager satisfaction

FinanceHub was experiencing high turnover in their engineering team, with many new hires leaving within the first year due to poor job fit.

The Challenge

**High Turnover**: 30% of new engineers left within their first year.

**Skill Mismatch**: Traditional interviews failed to accurately assess technical capabilities.

**Cultural Fit**: No systematic way to evaluate how candidates would work with existing teams.

The Solution

FinanceHub implemented ApexHire's comprehensive assessment platform focusing on both technical skills and behavioral patterns.

Multi-Dimensional Assessment

Candidates were evaluated on technical skills, problem-solving approach, and collaboration style.

Real-World Scenarios

Assessments mirrored actual financial technology challenges candidates would face on the job.

Results

Within one year, FinanceHub transformed their hiring outcomes:

- **45% improvement** in candidate quality scores

- **35% reduction** in first-year turnover

- **2x increase** in hiring manager satisfaction

- **ROI of 300%** on assessment platform investment