30.04.2020

More Than 3500 Applications in 10 Days – How All-Remote Helps Numbrs in Building a Global Workforce

It was just last week that we announced that Numbrs is pioneering the first fully virtual organisation in the financial service industry. This makes Numbrs the first Swiss Fintech Unicorn to become an all-remote company. In other words, all our teams can now work from any place in the world. Since announcing our all-remote strategy, we received incredible reactions and have counted more than 3500 applications in just 10 days.

700% increase in applications

To put things into perspective, last year we received an average of 1000 applications per month. That makes around 500 applications every two weeks. Since becoming an all-remote company we have received just over 3500 applications in 10 days. This marks an impressive 700% increase. To break this down for this month, the first half of April saw 250 applications for 17 open positions, where the second half of April following our all-remote launch brought us 3500 applications for 28 open positions. This means, we went from 15 applicants per job to 125 applicants per job, marking an 800% increase in applications this April. This clearly shows that the boost in applications cannot be attributed to an increase in job openings or fluctuation alone.

Applications received per month:

Why all-remote works

While Numbrs has always received a high amount of applications, the increase in candidates since our switch to an all-remote model has skyrocketed. We attribute this to the following 3 reasons:

Covid-19 - the tipping point and opportunity

At the beginning of March, in anticipation of the worsening of the Covid-19 situation, we were one of the first companies globally to implement a mandatory home office policy for all our staff members. Because we had taken this measure early on, we were able to gain experience on our remote setup and have since streamlined it to become a seamless virtual environment, managing to increase the productivity of our entire organisation.  In anticipation of further waves of Covid-19 outbreaks and the associated fundamental changes in society, business and politics, we then decided to go fully remote with Numbrs and pioneer the introduction of the first full virtual organisation at scale.

3500 applications in 10 days highlights that the world of work is changing. Was this change initiated by Covid-19? Maybe. But as we strongly believe, some changes cannot be undone. For us, this is just the beginning – a revolution in the workplace, here to stay for good.

For feedback, further questions about our company or the Numbrs app in general simply contact our support. You can find our current job listings with all open positions on our career page. We look forward to receiving your application.

Archive

July 2020

June 2020

May 2020

April 2020

March 2020

February 2020

January 2020

December 2019

November 2019

October 2019

September 2019

August 2019

July 2019

June 2019

May 2019

April 2019

March 2019

February 2019

January 2019

December 2018

November 2018

October 2018

September 2018

August 2018

July 2018

June 2018

May 2018

April 2018

March 2018

February 2018

January 2018

December 2017

November 2017

October 2017

September 2017

August 2017

July 2017

June 2017

May 2017

April 2017

March 2017

February 2017

January 2017