Trading is a risky affair. It is also a field growing continuously, with new traders taking on the market scene. With the ever-growing market, firms also expand and require reliable and updated staff. Consolidating such reliable employees is a hefty task, one that burdened a Japanese trading giant heavily.
The giant was trying to expand across four cities in India. They faced a time-old issue. The position of Area Manager (Sales) had been left vacant for six months. Consequently, it hurt the trading giant’s expansion plans in the prime locations of Bangalore, Chennai, Coimbatore, and Hyderabad, slowing down operations terribly.
Long story short, seven roles needed to be filled quickly and efficiently. The company decided upon the illuminating idea of turning to PERSOLKELLY. Our swift action, combined with our understanding of the client’s complex requirements, helped deliver the potential candidates in a record amount of time.
Before heading straight to solutions, we did our homework first. Our team took to developing a deep understanding of the industry, which would help us identify the top talent. We made sure to focus on distribution companies and Tier-3 automotive players. Following this, we decided how we would go about targeting mechanical engineers with automotive expertise, as this would serve our clients the best.
Instead of relying on a single channel to tap into a talented pool of candidates that our client required, we took the other road. We relied on multiple sources to look for top talent in the market. We leveraged a combination of job boards, social media, and other ATS (applicant tracking system) tools. This approach proved to be ground-breaking in our timely completion of the task – we were finally able to identify and shortlist over 150 candidates.
What Skills Did We Look for?
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Communication - You’d think we would start with sales or financial skills, but here at PERSOLKELLY, we understand the importance of soft skills to initiate perfect matchmaking. Whether we’re hiring a sales manager, a corporate trainer, or a financial consultant, communication is an important skill. It is key in communicating and connecting with people.
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Analytical - These skills are highly relevant in competitive and risky industries such as trading. These skills are important for interpreting data, understanding market trends, and deriving insights.
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Teamwork - A candidate should have strong interpersonal skills, be prepared to put the needs of the team ahead of their own, be dedicated to achieving the team's objectives, and be eager to contribute.
Finally, role-specific skills such as knowledge of financial instruments, understanding of metrics, etc., were also given consideration.
So, how does this story end? With a stellar climax. We exceeded client expectations and filled the critical sales roles in just 15 days, thus accelerating the client’s business progress. By removing the roadblocks in their plans, we proved to be a reliable partner. The trading giant was able to proceed with their plans freely afterward. Our marketing expertise and use of multiple source channels proved crucial to their expansion success.
The Power of Swift Action
The case study in hand goes on to showcase two highly important things: the importance of mapping and a holistic approach to problem-solving, both of which were fulfilled by PERSOLKELLY. It demonstrates how our team employs innovative and targeted approaches to eliminate roadblocks from your workforce hiring. Our recruitment company will work to provide you with solutions relevant to your problems and organization.
HR in Trading: A Crucial Requirement
As a field where money is made and lost pretty quickly, the trading industry might often overlook the importance of HR. However, it goes without saying that HR is an essential part of any organization and industry, so the same applies here. Why is that, though? Let us understand some trading-specific requirements for HR:
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The one thing about the field of trading is that it is highly competitive. Then, naturally, it requires competitive staff that can keep up with the fast-paced environment of this industry. We at PERSOLKELLY devise the best strategies to attract top talent and assist you with hiring skilled analysts, traders, sales staff, etc., who know how to deal with losses and time-sensitive situations.
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Trading is subject to many rules and regulations. This is where HR comes in. HR is crucial in ensuring that trading firms adhere to these regulations by implementing policies and procedures.
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Relevant knowledge in this ever-expanding field is also necessary. HR excels in overseeing training programs that equip traders and employees with up-to-date knowledge, tools, and expertise.
How can you consolidate an HR department that does all of this and more? Well, you don’t have to. You can reach out to us for all your HR requirements!
One-stop destination for your recruitment plans – PERSOLKELLY
We are a workforce solutions company dedicated to providing tailored solutions to all your staffing, outsourcing, and consulting problems. Our motto is finding the right talent for your organization using cutting-edge HR solutions.