How strong are your contractors?
Top financial institutions trust Karat to improve technical contractor quality and track IT Service Provider performance to accelerate delivery, reduce risk, and boost ROI.
Measure My FTE and Contractor Quality
Uncovering Talent Gaps
Inconsistent Engineering Contractor Quality
Financial institutions rely on engineering contractors to deliver products at scale, but misaligned talent quality and limited visibility into IT Service Provider performance often cause delays, rework, and business risk.
Nearly half of contractors fall below the tier-1 bank bar
Our data, from over 500,000 technical interviews, shows that in-seat contractors from ITSPs often underperform relative to market averages. Without consistent technical standards, enterprises end up placing contractor engineers who don’t meet their quality bar, increasing risk and making it harder to compete with more innovative competitors.
Turn Blind Spots into Benchmarks
Taking a one-size-fits-all approach to contractors results in misalignment and underperformance. But it’s not all doom and gloom. Many IT Service Providers display strengths within certain roles and use cases.
Karat’s Talent Insights help you take a data-driven approach to your partnerships. By benchmarking your talent quality against your ITSPs, we help optimize your sourcing strategy and focus on top partners.
Customer story | F100 FinServ Institution
Raising the Bar for Contractor Talent
The Challenge
Facing low quality contractor talent and underperforming teams, a global financial leader turned to Karat to set a consistent technical standard and track the performance of their IT Service Providers.
The Results
– 60% increase in above-bar placements
– 9 days faster time-to-placement
– Refined sourcing strategy to focus on top providers
A New Standard
With Karat’s ongoing support, the organization has improved productivity and ROI through higher-performing contractor teams and stronger, data-informed relationships.
Turn Contractor Quality into a Competitive Advantage
Ready to Benchmark Your Partners and Raise the Bar?
