Global Bio-Pharmaceutical Sees Increased Worker Performance Rates and Higher Retention

Client Profile

  • $19.9 billion revenue
  • 28,000+ employees worldwide
  • Serves more than 170 countries

Challenge

  • Parent company divested a portion of the company creating Global bio-pharma resulting in:
    • High IT consultant demand
    • Application rationalization need
    • System rationalization need
  • Increased demand on managers and directors causing challenges in productivity
  • Ramp-up demand for reliable, highly skilled, and qualified resources from a trusted partner

Business Needs

  • Attain firm grasp on Project Portfolio with growth projected at 150%
  • Find alternative to PMO staff augmentation by contract labor via Vendor Management System.
  • Improve on boarding process and increase resource retention
  • Increase PMO Leadership productivity

Solution & Results

  • Paradigm diligently qualified client’s resource requirements while understanding cultural, technical,  IT initiatives and timelines
  • Paradigm provided highly skilled resources leading to:
    • Productivity increase for business leaders by decreasing time to fill ratios and reducing costs per hire:
      • 73% of all Paradigm resume submissions received interviews (industry standard < 30%)
      • 50% of all Paradigm consultants that were interviewed were hired (industry standard ≈ 21%)
    • Increased worker performance rates by maintaining over 83% retention rates