Leading IT Company Transforms Corporate Alumni Network with Vaave: A Success Story

A strong alumni network can be a game-changer for companies. A recent case study by Vaave shows how a leading IT services company with 30,000 active employees and over 20,000 alumni revolutionized its fragmented alumni network using Vaave’s engagement platform.

The Challenge

Despite its vast talent pool, the company struggled to harness the full potential of its corporate alumni program. Key challenges included:

• Limited rehiring and referral opportunities
• Lack of knowledge sharing between alumni and current employees
• Inability to gather meaningful feedback from former employees
• Missed business opportunities with alumni in senior roles elsewhere

The Vaave Solution

By implementing Vaave’s alumni engagement platform, the company addressed these challenges through:

1. Data cleansing and integration
2. Personalized connections
3. Strategic communication
4. Enhanced knowledge exchange
5. Streamlined talent acquisition
6. Improved employer branding

Impressive Results

Within the first year of implementation, the company saw remarkable improvements:

• 2X increase in alumni rehires (from 11% to 27%)
• 73% platform adoption rate among alumni
• 58% of registered alumni actively engaging through events, discussions, and surveys
• Surge in employee referrals (from 9% to 19%)
• Enhanced knowledge sharing and collaboration
• New strategic partnerships facilitated by alumni connections

The Power of an Engaged Alumni Network

This success story demonstrates how effectively leveraging an alumni network can unlock immense potential for organizations across various industries. Benefits include improved talent acquisition, knowledge sharing, brand advocacy, and business growth opportunities.

Interested in learning more about how this IT company transformed its corporate alumni network and the detailed strategies they employed? Email us at [email protected] to request the full case study and discover how Vaave can help revolutionize your own alumni engagement efforts.