A prominent financial services firm in the United Kingdom stands out as one of the country's major proponents of contractor and contingent labour. With a multitude of Managed Service Providers (MSPs) and various systems in place, the company operates within a complex and decentralized landscape.
Their workforce comprises a substantial count of specialized technology and IT contractors, spanning across the United Kingdom from London to Edinburgh.
In collaboration with one of the Managed Service Providers, the client opted for Myn as the technology platform to "Establish and Cultivate a Talent Pool of Alumni." Recognizing the advantages of engaging with a community of former employees and contractors, the client sought to leverage this opportunity. fully effective it requires a synergy
The pool of known workers and former contractors can easily connect and promptly access recommended job opportunities. As valued members of the Alumni community, candidates are notified about exciting project prospects, enabling them to stay informed and engaged. Myn empowered the client to establish and cultivate their private talent pool of potential future workers within the Alumni network, while also creating a direct channel for the client to leverage its brand in attracting and nurturing talent.
For candidates, the registration process is incredibly simple, requiring only a few moments to upload a CV and create a profile.
Within a span of 18 months, Myn successfully cultivated a talent pool comprising approximately 10,000 specialized contractors, all of whom had prior engagements with the bank. Through the Myn Community, a substantial portion of these alumni were identified and extended invitations to join exclusive Talent Pools designated for alumni-only or by invitation-only access.
From the outset, the recommendation rates were exceptionally high, reflecting an actively engaged audience. This led to a remarkable outcome where, in some cases, up to 40% of job applicants originated from within the Talent Pool itself.
The Myn platform harnesses the power of intelligent AI and Machine Learning to offer personalized candidate recommendations for opportunities.
This eliminates the need for candidates to spend time searching for contract opportunities as relevant opportunities are sent directly to them. Upon joining the Alumni community, the client gains the ability to reach out to the most suitable candidates, presenting them with exciting prospects.
The platform's mobile application ensures a seamless experience, allowing candidates to access and view matching assignments while on the move. Candidates retain the flexibility to leave the community at any time after registering.