As one of Australia’s biggest banks, hiring over 2,000 new employees annually, NAB was only too familiar with the challenges of large volume recruitment. Retainment of new employees was low with a high turnover of almost 50% new hires leaving within the first 12 months. Testgrid worked with NAB to redesign their recruitment process to include upfront screening using cognitive assessments, amongst other solutions. Our approach resulted in increased retainment of candidates during the onboarding process by more than half. Cost savings for NAB resulted in excess of $7.4 million per year along with substantially improved business impact.
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