Today, Aequivalent publicly announces its decision to Scale-up its activities and digital HR application. The company has planned and already started to double its workforce within the coming two years.
Founded as a start-up in 2015 and based at Y-Parc in Yverdon-les-Bains, Aequivalent is Switzerland’s leading digital platform for employment screening (background-checks). The company and platform verify and deliver information that help Swiss employers reduce the risks of inappropriate employment.
This development follows the growing demand from HR departments of Swiss based organisations who seek to strengthen and digitalize their HR processes, more specifically their employment screening processes, for their Swiss and international subsidiaries.
Aequivalent plans and has started to double its workforce within the next two years. Although the company was slowed down by the first lockdown in the COVID sanitary crisis in 2020, it has since successfully renewed with its rapid growth. With already a strong foothold in the financial service industry, the company also experiences a quickly growing demand and activities across various other sectors of activity (Ex: information technology, pharmaceutical, medical devices, NGO’s, education, healthcare, luxury and technology).
The term “Scale-up” indicates the change of scale of a company thanks to a strategy of growth acceleration. For Aequivalent, the current developments are a testament to the fact that it has outgrown the start-up status. Adaptability, innovation capacity and dynamism are important assets of a start-up and the challenge for Aequivalent is now to maintain these strengths while ensuring the further development of the company.
- A coherent strategy
Aequivalent’s growth strategy is designed to ensure that the company continually develops its platform and services through a strong focus on its client’s needs. More specifically, Aequivalent’s solutions seek to contribute to building, maintaining and protecting the employer brand of its clients with an effective, efficient and user-friendly digitalized employment screening process.
By expanding and improving its services and digital platform and surrounding itself with a network of qualified advisors as well as partners, Aequivalent plans to continue to innovate, enter new markets and release new features and services as early as 2022.
- Human capital
As a platform destined to HR professionals, with a mission to promote transparency and integrity, it was clear from the outset that Aequivalent would need to “walk the talk”. Therefore the cornerstones of the company’s DNA are its own people, culture and values.
Even while the covid sanitary crisis and first lockdown of 2020 hit many of organisations hard, Aequivalent worked diligently to keep their employees on board, maintain the team spirit and operate transparently. Although remotely, it continued to work in self-steering teams with daily video-meetings and 2-weekly grand team coffees where everybody was welcome and important developments were presented and openly discussed. An important way for team members to stay connected and stimulate the well-being of each employee.
The company will continue to invest in Human Capital and strengthen its team as it foresees to double its workforce in the coming two years. In the last 3 months alone, the company has hired 8 new colleagues for the development of its IT, Operations and Sales teams and is still looking for other colleagues to strengthen its ranks.
Aequivalent is firmly convinced that the continued investment in Human Capital will not only provide welcome additional support for its growing activities but will also strengthen its corporate culture and values of “swissness”: being a quality and innovation driven organisation that respects and builds on human values and diversity in background and age generations.
Apprentices, trainees and training team for 2021-2022
- The “Aequivalent Academy”
Training is an important part of Aequivalent’s Human Capital strategy. Already in 2017, the company decided to contribute to the Swiss educational system by becoming a proud Swiss training company. Aequivalent is honored to renew its commitment and welcome two new apprentices and two new interns for the start of the 2021 school year.
In the continuity of its emphasis on training, Aequivalent has recently decided to set up the “Aequivalent Academy” in which the company’s newest recruits get the opportunity to fulfill a two-week intensive training course, followed by a buddy-project. The Academy will serve as a practical tool, providing the new employees with a consistent training whilst promoting the company’s culture and values. The aim of this process is to ensure optimal satisfaction of Aequivalent’s customers’ needs and to continuously improve the quality of its products and services.
The new recruits participated in 2 full welcome days getting to know everything about what Aequivalent stands for in a relaxed atmosphere
Date of publication: 09.09.2021
Author: Aequivalent’s marketing and sales team
