“Chequed.com became, and remains, a valued partner,” said Clay Stallings, Vice President, Talent Acquisition and Development at Acceptance Insurance.
Saratoga Spring, NY (PRWEB) August 13, 2014
Chequed.com, the leading provider of cloud-based Predictive Talent Selection™ technology, helped Acceptance Insurance identify and expedite the hiring of better employees, sharply improve their success rate on licensing exams, and reduce turnover – while saving the company both time and money – according to a case study released today.
Headquartered in Nashville, TN, Acceptance Insurance is a leading provider of personal automobile insurance and related products. With 1,200 employees and more than 350 retail locations in 12 states, the company’s services are marketed through the Acceptance Insurance, Yale Insurance and Insurance Plus brands.
Acceptance Insurance turned to Chequed.com to address three primary needs: transitioning its employee assessment program from paper to online; filling open positions faster; and improving the success rate for licensing exams. Using Chequed.com’s proprietary, cloud-based platform, which integrates software with cutting-edge behavioral science, customized with questions that fit individual job descriptions and utilizing the only available testing model for property & casualty insurance, the company achieved significant results:
- Time to fill an open position was reduced from 40 days to less than 30 days
- New employee turnover was reduced from 31 percent to 20 percent, while 90-day employee retention nearly doubled to 90 percent
- Hiring managers saved the equivalent of one eight-hour workday per week in identifying and tracking potential candidates
- The licensing success rate improved from 30 percent to 90 percent, which also saved the company 40 percent in test costs
- The number of open positions in the first half of 2014 decreased by half from the previous six-month period
“Chequed.com became, and remains, a valued partner,” said Clay Stallings, Vice President, Talent Acquisition and Development at Acceptance Insurance. “What we learned is that you have to commit, learn the technology and get buy-in. We did, and it fell into place beautifully, producing results that are impressive.”
“It has been a pleasure to assist Acceptance Insurance in building a first-rate workforce that will allow the company to achieve its critical goals,” said Greg Moran, President and CEO of Chequed.com. “This experience demonstrates the value of Chequed.com’s technology in providing an innovative, data-driven solution that enables companies to find the best employees and help them succeed, while increasing productivity and reducing the bottom line.”
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About Chequed.com, Inc.
Chequed.com has one goal: No Bad Hires. Ever. From pre-employment testing and scorable interview guides to online reference-checking and passive talent sourcing, Chequed.com’s cloud-based Predictive Talent Selection™ platform is used by some of the world’s leading brands including SUBWAY® Restaurants, The Walt Disney Company, Hallmark, Aspen Dental and many others. Visit Chequed.com for more information, Start a Free Trial or follow us on Facebook or Twitter.