The Challenge Before Abode
UHY, a leading professional services firm, faced a significant challenge with a high renege rate among interns and full-time hires. Prior to adopting Abode, the firm experienced a 16% renege rate for intern hiring and an average of 12.5% for full-time hires, resulting in a loss of over
$100,000. However, after implementing the Abode platform, UHY witnessed a remarkable turnaround in its hiring process, with a substantial decrease in renege rates and positive feedback from candidates.
High Renege Rates
High renege rates (16% for interns, 12.5% for full-time hires)
Financial Losses
Financial losses exceeding $100,000 due to reneges
Manual Processes
Manual, time-consuming processes for communication and engagement tracking