Private Equity-Backed Healthcare Compliance Company
Discover how a private equity-backed healthcare compliance company filled 11 roles, including a VP-level hire, while saving over 83% on recruiting costs with IQTalent’s flexible, hourly hiring model.
Average time to fill
39 days
Average cost per hire
$4,200
Cost Savings
83% - 94% over traditional agency fees
Industry
Healthcare
Length of Engagement
Ongoing
Services
Executive Search, Full Cycle Recruiting Support, Sourcing
Roles
VP-Level, Service Level
Overview
A private equity-backed healthcare compliance company faced a challenge common to many growing firms: building a high-performing team without the overhead or rigidity of traditional recruiting models. With no internal talent acquisition function and multiple roles to fill, they turned to IQTalent for a flexible, data-driven hiring partnership.
The Challenge
Before working with IQTalent, recruiting was handled by the company’s chief people officer and individual hiring managers — a time-consuming distraction from their core responsibilities. The company needed:
- A cost-effective way to manage both applicant flow and passive sourcing
- Support for 2–5 roles at a time with the ability to flex support as needed
- A trusted partner that could embed quickly and align to internal systems
- A model that wouldn’t lock them into expensive, long-term contracts
The IQTalent Solution
Starting in March 2024, IQTalent provided on-demand sourcing and recruiting support—ranging from 20 to 40 hours per week—acting as an extension of the internal team. IQTalent:
- Received full access to the ATS for real-time visibility and collaboration
- Provided a dedicated sourcer and recruiter who adapted to hiring team needs
- Used a data-driven, consultative approach to guide search and improve outcomes
- Flexed support up or down based on active role volume without penalty
The Results
Over the course of the engagement:
- 11 roles were filled
- Average time to fill: 39 days
- Average cost per hire: $4,200
- VP-level hire filled in just 26 days at a cost of $8,470
- Cost savings ranged from 83% to 94% compared to traditional 20–30% agency fees
The recruiting model eliminated inefficiencies, preserved internal bandwidth, and dramatically reduced hiring costs—all while maintaining a white-glove candidate experience.
Why It Worked
The success of the engagement was built on four key factors:
- True Embedded Partnership – IQTalent operated as a seamless part of the client’s team, providing input on everything from applicant pipeline strategy to process optimization.
- Flexibility on Demand – Support scaled weekly based on role volume, ensuring no wasted hours or budget.
- Speed with Precision – High-impact roles were filled quickly thanks to strong upfront calibration and a tight feedback loop with hiring managers.
- Data-Driven Process – Candidate recommendations were backed by market insight and hiring analytics, leading to confident, informed decisions.
Client Impact
The company’s VP of Analytics—one of its most strategic hires—was filled in under four weeks through a blend of applicant management and targeted sourcing. The recruiting process was described by the CEO as “professional and organized,” and led to unsolicited praise from multiple stakeholders.
For this healthcare compliance company, IQTalent didn’t just save money—it delivered quality, speed, and adaptability. The hourly, on-demand model provided a blueprint for smart, scalable recruiting that could be replicated across the broader portfolio.
