Flatiron Energy is a private equity-backed, market-leading Independent Power Producer (IPP) that develops, builds, owns, and operates standalone utility-scale energy storage assets across the Northeast and Mid-Atlantic US. Since November 2024, Sourcechange has exclusively driven Flatiron's growth through executive, leadership, and mid-level placements across the organization.
With fresh capital secured, Flatiron needed to roughly double its hiring without inflating cost or lowering the bar. Three pressures shaped the brief.
Flatiron needed to optimize both sides of the cost equation: reduce direct recruiting spend on acquisition, and keep compensation competitive but not excessive, preserving margin without sacrificing quality.
The founding team had made seven hires over the prior 12 months and was stretched thin on bandwidth. With fresh capital secured, hiring needed to double, and moving too slowly had become the execution risk.
As a first-mover with a distinct thesis, Flatiron could read as risky to top candidates. Accurate, informed positioning was essential to attract aligned talent without compromising standards.
We replaced one-off contingent search with a custom embedded talent partnership, owning the hiring process end to end and solving for each pressure directly.
We built a custom embedded talent partner model that cut the cost per hire by 25% against standard industry terms of 25% of base compensation.
Functional specialism inside our team let us move fast and present top-tier candidates with precision. We invested time up front to understand Flatiron's culture, thesis, and standards, so the people we put forward were genuinely excited and qualified, which minimized wasted interviews. We also took ownership of applicant tracking system (ATS) screening, freeing the leadership team for high-impact conversations only.
We crafted an accurate, compelling narrative around Flatiron's risk profile and vision, positioning the opportunity for candidate resonance. That drew in strong candidates who might otherwise have overlooked the role or priced in a risk premium. Our reach across multiple client types also opened channels to candidates who did not yet know the Flatiron brand.
The embedded partnership has scaled Flatiron's team quickly while lowering the cost of every hire and keeping quality high. The people placed are staying.
Our placement track record to date with Flatiron Energy, all placements made by the Sourcechange team. Inquire for more data regarding placements, partnerships, framework agreements, and employee track record.
I would recommend working with Sourcechange for a variety of reasons, but most succinctly, they act as a very skilled in-house HR recruiter who takes time to understand your business, its pitch to outsiders, and unlike 95% of other recruitment search firms, they understand that it is not the candidate paying the placement fees, but the company. They act in our best interest and avoid the standard recruiter model of simply just tossing out 20 candidate resumes and making no attempts to qualify leads for your company specifically. In short, Fred and his team are about quality, not quantity, which comes as a great relief to any company that understands how difficult it is to hire, and importantly maintain, quality personnel.
Talk to us about your mandate. We map the market quietly and place senior talent that stays.
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