A Top 25 Bank Increases WOTC Results by More than 50%
By Michael Montgomery
A top 25 bank that switched to the Equifax Workforce Solutions WOTC Management technology has seen more than a 50% improvement in their WOTC results in less than a year. Small tweaks to the bank’s WOTC process improved screening completion and eligibility identification to drive a significant increase to their overall WOTC program performance. Client Success Story While the majority of their new hires were being screened, the bank came to Equifax Workforce Solutions because they felt like there was room for improvement with their WOTC program. With thousands of locations and 13,000 new hires, annually, their challenge was to find a better way to screen to make sure they were not leaving credits on the table. The WOTC Management solution from Equifax has delivered a nearly 100% screening rate with an easy-to-use, mobile-optimized screening tool for all applicants. And our proprietary SmartScreening™ system optimizes the screening process to help find more eligible applicants. Our SmartScreening™ technology...
Makes questions easier to understand
Provides ‘not sure’ answer options
Sequences questions to improve eligibility identification