TO HIRE 1 PRODUCT ANALYST
SPEND
>70
HOURS
NOT ONLY HR'S TIME, BUT
TEAM LEAD'S
REJECT
~80%
UNQUALIFIED
CANDIDATES AFTER THE
FIRST HR SCREENING
SPEND
>£5K
FOR A HIRE
BUT IT DOESN'T HAVE TO BE THIS WAY
CONCEPT
COMPETITIONS / HACKATHONS FOR
- Data Analysts
- Product Managers
- Product Owners
THAT WOULD ALLOW
- Unbiasedly test the candidates for Associate/Middle positions
- Rank them and highlight the best talent
AND HENCE
- Simplify the hiring process for the client-companies by providing the pool of successful candidates
- Help best participant to stand out when applying for non-client-companies
- Decrease the hiring costs
HIRING PROCESS
Without Compety
With Compety
HIRING COST
For an Associate Product Analyst
Option A
Internal Hiring
- Internal Costs: ££
- Time to Hire: 1-3 months
- Medium turnover
- Costly screening
Option B
External Agency
- Internal Costs: £££
- Time to Hire: 1-1.5 months
- Medium-High turnover
- Moderately efficient screening
Option C
Compety
- Internal Costs: £
- Time to Hire: 2-3 weeks
- Low turnover
- Highly efficient screening
WHAT DO WE OFFER
Reduced Recruitment Costs:
- Compety offers hackathon platform to assess candidates’ skills, reducing dependency on costly recruitment agencies
- Employers gain access to a pool of pre-evaluated, high-quality candidates, lowering the cost per hire
Efficient Hiring Process:
- Hackathons provide a practical assessment of candidates’ skills, enabling recruiters to focus on the most qualified individuals
- Ranking reduces the time spent on all application stages
Improved Quality of Hire:
- Candidates solve real-world problems during hackathons, demonstrating their ability to do the work
- Unbiased ranking system highlights top performers, ensuring that only the best participants are considered for interviews
Optimal Resource Allocation:
- By pre-evaluating candidates through hackathons, HR and hiring managers spend less time on the candidate screening
Unique solution:
- Our research indicates that no similar solutions currently exist for hiring Product Managers and Product Analysts in the UK market.
HIRE THE BEST
ASSOCIATE
MIDDLE
PRODUCT
ANALYSTS
MANAGERS
OWNERS
=
PARTNER WITH US
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