From science to ROI: how smarter hiring drives financial services’ revenue reality

In financial services, precision isn’t optional. It’s everything. That same principle applies to hiring. When your success depends on trust, accuracy, and performance, every new hire has an impact on your bottom line.

Yet identifying talent with the right skills for critical roles remains one of the industry’s toughest challenges. Teams are struggling to find qualified talent quickly, validate skills effectively, and maintain a balance between speed, compliance, and candidate experience.

• 25% of talent acquisition leaders cite finding the right skills as a top challenge in 2025
  
• 73% of financial services employers report difficulty finding skilled talent
  

The result? Missed revenue opportunities, overburdened teams, and inconsistent service delivery. According to the U.S. Department of Labor, “A bad hire can cost your business 30 percent of the employee’s first-year earnings. Some human resources agencies estimate the cost to be higher, ranging from $240,000 to $850,000 per employee.”

Traditional hiring isn’t built for today’s demands

Traditional hiring methods often rely on gut instinct, resumes, and outdated processes that fail to reveal who will actually perform and stay. In a sector where roles evolve rapidly and compliance is non-negotiable, these old ways create more risk than results.

High turnover compounds the issue. Financial services teams are constantly refilling roles instead of advancing them, creating a cycle of inefficiency that drains productivity and profit.

The future of financial services hiring is scientific

The financial services industry needs a smarter, more predictive way to hire—one that combines speed, scalability, and scientific accuracy. 

Hirevue’s AI AI-driven solutions are specifically built to validate the skills that predict success, empowering teams to:

• Hire beyond the resume: Evaluate real skills and capabilities not just past experience.
• Predict performance and retention: Identify the attributes that actually drive long-term success.
• Increase efficiency and candidate satisfaction: Hire faster at scale without compromising compliance or quality.
  

Hirevue’s approach brings the same rigor and data integrity financial institutions use in business decisions into talent decisions.

With Hirevue, our financial services teams have: 

• Reduced time-to-hire by 40%+ without sacrificing quality
• Improved retention by hiring people who fit both the role and the culture
• Ensured consistency and compliance across distributed hiring teams
• Delivered a candidate experience that enhances your employment brand

Make great hiring your competitive advantage

As financial services continue to transform, your people strategy must evolve just as quickly. With Hirevue, you can align hiring precision with business performance building great teams that deliver value, stay longer, and strengthen your brand.

At Great Southern Bank, this problem looked familiar, until they reimagined their hiring process. By using Hirevue’s Video Interviewing and Assessments, they doubled hiring volume while cutting time-to-hire by 43%. Recruiters saved over 12 hours per week, while new hires ramped faster and stayed longer.

Ready to see similar results? Learn how Hirevue can help your financial services team turn data into your next competitive edge. Request a demo.