Case Study: Scotiabank achieves 182% ROI and better hiring diversity with Plum.io

Scotiabank - Customer Case Study

Scotiabank needed a better way to assess on-campus candidates beyond resumes, which were proving ineffective for identifying future performance and creating bias in hiring decisions. The bank piloted Plum.io’s talent assessment platform to improve campus recruiting, increase diversity, and strengthen retention of new hires.

With Plum.io, Scotiabank eliminated resume review from its campus hiring process and used talent assessments to identify better-fit candidates. The pilot delivered a 182% ROI, more than $280,000 in annual savings, a payback period of just over six months, and a 20% improvement in retention of campus hires, while also increasing women hires by 50% and visible minority hires by 60%.

Scotiabank