Find Tech Talent

How to Find Untapped Pools of Diverse Tech Talent

Diversifying your tech teams is key to introducing new skills, ideas, experiences, and perspectives, and thus by extension strengthening your workforce. To do that, it’s important to find untapped pools of candidates you otherwise wouldn’t have reached. How can you do that? Below, we have four methods you can use to find talent that will help you grow your business.

Forego degree requirements

According to an SHRM report, over 90% of employer stakeholders believe that alt-credential holders perform the same or better than traditional degree holders.1 An increasing number of companies (including us here at Climb) have been making the decision to remove degree requirements from job listings. After all, if someone can be just as capable without a traditional degree, why require one? Removing this deterrent can enable you to meet talented prospective employees who might otherwise not have even been able to apply, despite having the skills and knowledge to strengthen your team.

Offer remote positions

As we’ve seen over the last couple of years, quality remote work is definitely possible — especially for tech. Not only that, but as more people have realized their job can be done outside of the office, being able to work remotely has become a key feature many people look for when applying to jobs. By opening up roles beyond your office location, you can reach talent you otherwise would have missed by constraining your search to one or two office locations.

Hire for long-term trainability

Tech is a constantly-changing industry. What was once necessary to the role may soon become obsolete, while new tools and coding languages come to the forefront. So, why would you focus solely on who has the current relevant hard skills as opposed to who will be the most capable of adapting and learning in the future? Rather than thinking only about who’s the best candidate now, also consider who seems like they’ll be the best employee in the future.

Find alternative sources of potential candidates

Sticking to the same funnel of talent acquisition will undoubtedly continue to bring you the same candidates. Instead of using generic job boards where your roles may get lost in a sea of others, explore alternative niche spaces to find new groups of people. For tech, coding bootcamps are one such space, offering skills-based training for those entering the tech field. Sources like these include audiences such as career switchers — who often have strong professional backgrounds and can offer diversity of thought. In fact, 59% of surveyed Americans who intended to pursue additional education after the COVID-19 pandemic preferred non-degree programs.2

At Climb, we’re working to connect talented individuals from alternative training pathways to companies looking to hire. If you’re interested in reaching new talent pools, click the link below to find out more!

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What to Expect: Realistic Outcomes

Climb’s Comprehensive Access Solution can offer a strategic balance of increased enrollments and upfront cashflows compared to traditional lenders. While no financing solution guarantees 100% collection, our data-driven approach maximizes both upfront cash and long-term repayment rates.

Typical Partner Results:

  • 15-30% of students qualify for Climb Loans with upfront tuition delivered to the school shortly after course start
  • 45-60% of students qualify for 0% APR* payment plans
  • Enrollment increases of 20%+ reported by partner schools**

**Results vary by school and student demographics. This represents performance reported by individual school partners and should not be considered a guarantee of your specific outcomes.

The bottom line: CAS is designed to maximize your net tuition recovery while eliminating the administrative headaches of student financing.

Maximizing Your Results

Pro Tip: Schools that require student deposits and set up automatic payments during enrollment see significantly better repayment performance across all financing options. These simple steps can meaningfully improve your outcomes.

FAQs

We use a comprehensive, AI-driven assessment that goes beyond traditional FICO scores to better serve career training students:

  • Climb Credit Score: Over 150 data points specifically designed for vocational students
  • Debt-to-Income Ratio: Reliable predictor of payment performance
  • FICO Score: Used primarily for interest rate assignment

Key advantages of our approach:

  • Soft credit pull until loan funding (no credit impact during application)
  • The majority of students receive instant decisions
  • Students can apply with co-borrowers directly in the application
  • More accurate placement into appropriate financing products

We use a comprehensive, AI-driven assessment that goes beyond traditional FICO scores to better serve career training students:

  • Climb Credit Score: Over 150 data points specifically designed for vocational students
  • Debt-to-Income Ratio: Reliable predictor of payment performance
  • FICO Score: Used primarily for interest rate assignment

Key advantages of our approach:

  • Soft credit pull until loan funding (no credit impact during application)
  • The majority of students receive instant decisions
  • Students can apply with co-borrowers directly in the application
  • More accurate placement into appropriate financing products

Students are placed into funding brackets (Elite, Standard, Enhanced) based on our AI assessment. Higher-credit students generate higher upfront payments to your school, while students with limited credit are seamlessly directed to our 0% Payment Plan.

These brackets are established using data from over $1 billion in career training loan originations and may be adjusted periodically based on updated repayment trends.

Important note: Regardless of which bracket a student falls into, they are considered fully paid by your school once funded. The student’s repayment obligation exists exclusively between Climb and the student.

Elite Access not available for Computer Science programs. Upfront percentages vary by industry and loan terms.

Once Climb disburses upfront funding for a student loan, that student is considered fully paid by your school. You will not receive any additional payments for that student—the single upfront payment is complete and final.

From that point forward, the student’s repayment obligation exists exclusively between Climb and the student. Your school has zero liability if the student defaults, and you keep the full upfront payment regardless of the student’s future payment performance.

They’re automatically offered our 0% Interest Payment Plan, ensuring no student is turned away while maintaining steady monthly cash flow for your school.

Higher-credit students generate larger upfront payments (75-100% of tuition), while students with limited credit use our 0% APR* Payment Plan for consistent monthly revenue. Both options are risk-free for your school

Absolutely. Climb complements existing payment options like scholarships, employer-sponsored programs, and internal financing.

Absolutely. Climb complements existing payment options like scholarships, employer-sponsored programs, and internal financing.

Typically, within 5-10 business days after your partnership agreement is signed.

Comprehensive onboarding webinar, continuous partner support via AI-assisted chat and live email—and real-time borrower assistance with our live-chat-available student success team.

No. Climb fully manages the administrative responsibilities—your team simply monitors your school’s performance via our intuitive School Portal.

Your school is fully protected either way. For Climb Loans, you keep the entire upfront payment with zero liability. For Payment Plans, you only receive what students actually pay, with no risk to your school.