A trailblazing fintech startup, Livongo, was on a mission to revolutionize the healthcare industry. With a focus on empowering individuals with chronic conditions to live healthier lives, Livongo’s innovative platform combines cutting-edge technology with personalized support to deliver unparalleled results. As the demand for their groundbreaking product soared, Livongo faced a critical challenge: scaling their team quickly and efficiently to keep pace with their rapid growth.
Challenge: Scaling Quickly in a Competitive Market
With ambitious goals and a rapidly expanding customer base, Livongo found themselves in need of top-tier talent to drive their vision forward. However, traditional recruiting methods were proving to be slow, cumbersome, and costly. With a standard fee rate of 20% from traditional staffing agencies, Livongo was grappling with high recruitment costs and lengthy hiring processes that threatened to impede their growth trajectory.
Solution: Embracing Freelance Recruiting with Rauster
Enter Rauster, a game-changing freelance staffing platform designed to provide agility, speed, and cost-effectiveness in the recruitment process. Recognizing the need for a more dynamic approach, Livongo made the bold decision to switch from traditional recruiting to freelance staffing with Rauster. With a competitive fee rate of just 12%, Rauster offered the perfect solution for Livongo’s hiring needs.
Results: Unleashing Rapid Growth and Innovation
- Faster Time-to-Hire: In the fast-paced world of fintech, time is of the essence. With traditional recruiting methods, Livongo found themselves bogged down by lengthy hiring processes that could take months to complete. However, with Rauster’s streamlined platform and global network of freelance recruiters, Livongo was able to reduce their time-to-hire by a staggering 30%. Positions that used to linger vacant for months were now being filled in a matter of weeks, allowing Livongo to onboard top talent quickly and efficiently. This newfound agility enabled Livongo to stay ahead of the curve in a competitive market, fueling their rapid growth and innovation.
- Cost Savings: In the world of startups, every penny counts. Traditional recruiting methods were eating into Livongo’s budget with steep fees and overhead costs. However, by leveraging Rauster’s competitive fee rate of 12%, Livongo was able to slash their recruitment costs by a significant 40%. This resulted in substantial savings that could be reinvested into other areas of the business, such as product development and marketing initiatives. With more resources at their disposal, Livongo was able to accelerate their growth trajectory and drive innovation across the organization.
- Access to Top-tier Talent: Building a world-class team is essential for success in the competitive fintech landscape. With Rauster, Livongo gained access to a diverse pool of top-tier talent from around the globe. Rauster’s freelance recruiters tapped into their extensive networks to source candidates with the specific skills and expertise needed to thrive at Livongo. As a result, Livongo was able to build a team of high-performing individuals who were passionate about their mission and aligned with their vision for the future. This access to top-tier talent enabled Livongo to stay ahead of the competition and drive innovation in the healthcare industry.
- Flexibility and Scalability: In the unpredictable world of startups, flexibility is key. With Rauster, Livongo had the flexibility to scale their recruiting efforts up or down as needed. Whether they needed to ramp up hiring during periods of rapid growth or scale back during quieter periods, Rauster provided the agility they needed to adapt quickly to changing market conditions. This flexibility enabled Livongo to stay nimble and responsive, positioning them for success in a dynamic and ever-changing industry.
- Innovation and Collaboration: Innovation thrives in an environment of collaboration and communication. With Rauster’s innovative platform, Livongo fostered collaboration between their hiring managers and freelance recruiters. Real-time communication and transparent reporting enabled everyone to stay on the same page throughout the hiring process, leading to smoother workflows and better outcomes. This culture of collaboration fueled innovation across the organization, driving Livongo’s success in the competitive fintech landscape.
Lessons Learned: Embracing the Future of Recruiting
Livongo’s success story with Rauster serves as a powerful testament to the transformative impact of freelance staffing in today’s competitive market. By embracing agility, speed, and cost-effectiveness, Livongo was able to accelerate their growth trajectory and unlock new opportunities for innovation and success.
So, if you find yourself facing similar challenges in scaling your team, don’t be afraid to break free from the constraints of traditional recruiting. Embrace the future of recruiting with Rauster, and unleash the full potential of your organization’s growth and success.