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Pioneer Financial Group: Improving Hiring and Retention


LYTIQS Case Study: Cadence Health - Turnover Analysis & ROI of Retention

Pioneer Financial Group (pseudonym), a 20-year-old mid-sized regional financial services company, employs 8,500 U.S.-based workers across 110 locations with divisions in retail banking, residential lending, and commercial lending.



AT A GLANCE


Hiring and Retention Challenges:

  • High turnover was undermining recruitment efforts and talent retention.

  • Limited data on factors influencing employee retention and turnover.

  • A lack of strategic insights into which workforce investments would yield the highest impact.


Outcomes:

  • 40% reduction in voluntary turnover, leading to stronger employee retention.

  • Annual cost savings of approximately $12 million due to improved retention and performance.

  • More strategic hiring practices, focusing on long-term employee success and reducing high-risk hires.


[Case Study Download Button] Cadence Health: Turnover Analysis & ROI of Retention

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