Case Study: a large private bank saves 24,000+ hours and speeds hiring with BarRaiser

a large private bank saves 24,000+ hours and cuts time-to-hire 67% with BarRaiser

A large private bank with over 50,000 employees faced a critical hiring bottleneck. Their senior engineers were spending an excessive amount of time conducting interviews, leading to a slow 45-day time-to-hire and a low offer acceptance rate of just 30%. This process was delaying critical projects and burning out their most valuable talent. To solve this, the bank partnered with BarRaiser to use its Interview-as-a-Service (IaaS) offering.

BarRaiser provided the bank with a dedicated team of expert interviewers from the banking and fintech domains to conduct all technical interviews. This solution standardized the process and eliminated scheduling bottlenecks. The results were transformative: time-to-hire was reduced by 67% to just 15 days, the offer acceptance rate more than doubled to 65%, and the bank reclaimed over 24,000 hours of engineering time, allowing them to successfully make over 1,500 hires.