Bank Alfalah uses bench-marking tool to identify high-potential Management Trainees

Bank Alfalah uses bench-marking tool to identify high-potential Management Trainees

Challenge

  • Bank Alfalah was concerned about selecting and developing low-potential talent during its Management Trainee program
  • Bank Alfalah did not have instant diagnostic tools to determine a talent baseline at each university covered during the recruitment drive

Solution

  • Identify critical talent-potential metrics for benchmarking: GPA and cognitive skill benchmark
  • Develop 4 Employability Tests: Business Math and English, Integrated Reasoning and Logical Reasoning
  • Provide online Assessment Center to conduct online testing, both in controlled and open environments
  • Provide talent benchmarking tool
  • Provide instant talent assessment reports and comparative analytic

Approach

  • Analyzed Bank Alfalah’s Management Trainee program objectives
  • Determined talent-potential metrics
  • Provided online Assessment Center, equipped with benchmarking and other reporting tools, to assess and shortlist candidates for their Management Trainee program

Outcome

  • University-specific talent pipeline: Bank Alfalah successfully assessed 400 candidates during its recruitment drive at 7+ universities
  • 200 HiPos: Using HireLabs benchmarking tools, Bank Alfalah was able to shortlist 200 HiPos for the first interview with the senior management
  • 45% time reduction: Through HireLabs’ benchmarking approach, Bank Alfalah has reduced the time to assess and screen candidates for its Management Trainee program by 45%
  • By-product: Bank Alfalah now has an online framework to measure the impact of the Management Trainee program on an individual by tracking and assessing performance over time

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