How Merantix reduced time-to-hire by 30 %
Polina Frantseva
Human Resources Operations Manager
Merantix Venture Studio
At Merantix Venture Studio, we build and scale machine learning companies. We firmly believe that artificial intelligence technology will be the next seismic shift for so…
At Merantix Venture Studio, we build and scale machine learning companies. We firmly believe that artificial intelligence technology will be the next seismic shift for society, and are therefore now at the forefront of founding and building the coming category leaders. After years of research in the field, we have created a three-step incubation process, during which we give our founders full 360° support. In the first phase, we help our founders ideate new solutions, and pair them up with industry partners for validation. Only once we have found a sustainable business model, which can take up to a year, we start the founding process, where we help with building a team. Lastly, we help in finding the right investors and setting the company up for successful scaling. Our growing platform constitutes a unique brand with a shared tech and operational infrastructure that attracts talent, resonates with industry partners, and leverages the proven network and product building experience.
Industry
- Startup,
- Tech
Markets
- Germany
Founded
- 2016
Team size
- 70
Features used
Platforms used
The Challenge
Fuel Merantix’s growth by finding candidates with specific characteristics
Polina Frantseva was looking for a complimentary multiposting tool in addition to Merantix’s existing HR software, BambooHR. The goal was to find a solution that would help her post jobs efficiently on popular job boards and platforms, such as LinkedIn, Indeed, and Glassdoor, with only using a single login.
Previously, she had to use several logins to create job ads on multiple job boards. Her recruiting process involved quite a lot of copy and pasting, which consumed a lot of time and effort.
The three challenges Merantix was facing:
- How to multiply recruitment sources and channels?
- How to increase the number of qualified applications?
- How to attract the right talent from a specified target group, e.g., founders?
“JOIN is very intuitive and easy to use. Multiposting is a great function, and it provides a great user experience.”
Polina Frantseva
Human Resources Operations Manager
The Solution
Increased number of qualified applications through multiposting to the right channels
It became clear that talent attraction had to become more efficient and effective. After researching online, Polina became aware of JOIN and started using it for one of Merantix’ ventures. Polina started to create all job ads in JOIN and posted them simultaneously to relevant job boards — with just a few clicks.
Making sure to attract the right talents
Due to precise targeting and using the right channels, Merantix could quickly increase reach and the number of qualified applications.
Using of performance insights for smarter recruiting
With the help of JOIN, Polina monitors the best source for candidates carefully and quickly learns which platforms actually perform.
Increasing reach with premium job ads
Polina posts job ads to free and premium job boards. Her overall experience with premium job ads has proven that the number of applications increased significantly. The budget depends on different aspects, such as the role to be filled, seniority level, and how fast the hire is needed.
What does the recruitment process look like with JOIN?
Step 1: Create a job ad
Step 2: Multipost via JOIN to free and premium job boards
Step 3: Screen and manage applications
Step 4: Active sourcing via LinkedIn
Step 5: Conducting interviews
Step 6: Making the hiring decision
We’ve helped Merantix Venture Studio substantially
Merantix has experienced phenomenal growth over the past 4 years: In this period of time, the number of employees has doubled every year.
-25 %
Cost-to-Hire
-30 %
Time-to-Hire
40 %
Increase in applications
faster.
