How a Semiconductor Company Hired 60+ Engineers in 90 Days with Flexible On-Demand Recruiting
Learn how a high-growth semiconductor company secured $685M in funding and scaled their team with IQTalent's flexible recruiting model. 60+ hires in 3-4 months, seamlessly scaling from 1 to 9 recruiters on-demand.
Unique requirement
Scaling quickly and strategically
Industry
Technology
IQTalent Hires
60+
Length of Engagement
2+ years
Services
Executive Search, Full Cycle Recruiting Support, Sourcing
Roles
Entry-level to Senior Positions
The Company
A rapidly growing semiconductor hardware company secured $685 million in funding, creating an immediate need to scale their team quickly. With ambitious growth targets and a competitive talent landscape, they needed a recruiting solution that could flex with their changing needs.
The Challenge
After receiving significant funding, the company faced several critical talent acquisition challenges:
- Needed to dramatically scale hiring in a short timeframe (3-4 months)
- Required specialized recruiting expertise in the highly competitive semiconductor hardware space
- Faced competition from larger players like NVIDIA that could offer higher compensation
- Wanted to avoid hiring full-time recruiters they might not need long-term
- Required seamless integration with their existing talent acquisition processes and systems
The IQTalent Solution
IQTalent provided a customized, flexible talent acquisition solution that allowed the company to scale their recruiting efforts up and down as needed:
Initial Engagement
- Started with a 20-hour per week sourcing engagement
- Quickly identified the need for additional support as hiring demands increased
Rapid Scaling
- Expanded from one person to nine team members at peak hiring needs
- Provided both sourcers and full-cycle recruiters
- Seamlessly integrated with the client’s ATS and internal process
- Established clear metrics for success: applicants reviewed, phone screens per week, and conversion percentages
Strategic Partnership
- Weekly meetings with the client’s Senior Manager of Recruiting
- Regular data reporting on cost-per-hire, billing, and hiring metrics
- Transparent communication about upcoming hiring needs and potential scaling adjustments
The Results
The partnership delivered exceptional results during a critical growth period:
- 60+ Hires completed during a 3-4 month intensive hiring sprint
- Filled roles across multiple levels from entry-level to senior productions
- Scaled from 1 to 9 to 3 to 7 team members based on evolving hiring needs
- Seamless integration with the client’s internal talent acquisition team
The Impact of Flexibility
The client has been working with IQTalent for approximately two years, with the relationship exemplifying the value of IQTalent’s flexible talent acquisition model:
“The client used IQTalent’s services the way they’re supposed to be used and has been exceptionally happy with the flexibility and results.”
The partnership demonstrated the value of being able to:
- Scale up rapidly when hiring demands increased
- Scale down strategically as hiring needs stabilized
- Scale up again when new hiring initiatives emerged
Rather than maintaining a fixed internal recruiting team regardless of hiring volume, the client leveraged IQTalent’s flexible model to match their exact needs at each stage of growth.
Key to Success
True Partnership Mentality: The client fully embraced IQTalent’s team as an extension of their own. This integration allowed for more effective collaboration and ultimately better hiring outcomes.
Transparent Communication: Regular, honest communication between IQTalent and the client’s Senior Manager of Recruiting created a foundation of trust and enabled quick adjustments when needed.
Data-Driven Approach: Detailed reporting on key metrics allowed both teams to track progress, identify areas for improvement, and demonstrate ROI to leadership.
Specialized Expertise: IQTalent provided recruiters with relevant software and hardware experience who could quickly adapt to the client’s specific needs.
Adaptability: When personnel challenges arose, the IQTalent team quickly made adjustments to ensure optimal team dynamics and results.
IQT Bottom Line
For high-growth companies experiencing rapid scaling—particularly after securing significant funding—traditional hiring models often fall short. This semiconductor company’s experience demonstrates how IQTalent’s flexible talent acquisition model can provide the right balance of:
- Speed and scalability
- Specialized expertise
- Cost Efficiency
- Strategic Partnership
By treating IQTalent as a true extension of their team and leveraging the ability to scale up and down as needed, the client was able to meet ambitious hiring goals during a period of explosive growth while maintaining reasonable talent acquisition costs.
