Hire, Train and Deploy is a channel that companies can use to retain and attract the specialists they need. The hire Train Deploy model involves hiring a candidate and training them to perform a specific job in an industry. They are then deployed with a client. The Hire Train Deploy model offers clients greater flexibility, candidates the chance to learn on-the-job and better career prospects.
Clients can enjoy tangible benefits
Hire Train Deploy is attractive to business because of its flexibility and easy access to a pool of highly-trained, qualified people. Hire Train Deploy can be more costly than direct recruitment but it has tangible benefits. The Hire Train Deploy model allows organisations to choose whether they want to keep or return candidates, reducing the risk of hiring new people. It's also a more cost-effective and long-term solution compared with external consultants.
Popular with Investors
Hire Train Deploy is still popular among investors, and the opportunities are similar for all Hire Train Deploy companies. However, management teams may have different views on their expansion strategies. It will depend on what roles/sectors are targeted and where the company is starting. This could be in the form of tech or data analytics recruiting, consulting, or a separate business. This sector has seen a lot more activity over the past 18 months, and remains popular among investors (and most importantly, buyers of Hire Train Deploy Services and management teams that service them).
Scale challenges
Scaling a business that uses Hire Train Deploys can be challenging. Investors should be confident that management has addressed the following three areas:
Candidate Qualities
The key to attracting clients and talent is training. A well-run programme of training will provide candidates with the business and technical skills they need to fill vacancies. Hire Train Deploy will be chosen by clients over other recruitment channels. It is therefore important that the value proposition for candidates is clear. This includes selection, training, and post-training support, specialisms (including diversity and inclusion), STEM versus non STEM graduates, and compensation package.
Customer service and delivery of consultants
The management team will need to demonstrate it has the right mix of Hire Train Deploy /recruitment/consulting and sector experience to be able to attract, train, deploy and retain candidates. Investors can learn a lot about the business's scalability by looking at KPIs such as client satisfaction, client turnover, candidate return rates, and client upsell rates.
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