Startup Life – Beating the hiring challenges

j

by Sam Smeaton

}

15.11.20

Startup Life - Beating the hiring challenges

Working in recruitment for over 10 years, I’d link to think I have seen alot (though not everything). I understand pretty well that hiring – in general and for any size business – is indeed a challenge, one that comes with multiple risks. With so many variables that go into it, it is hardly a straightforward process.

However, while a multinational company, or even a medium sized one can, to a degree, swallow the implications of a bad hire, such consequences become way more acute for a startup business and can threaten the overall success and growth. 

Even in a market that advantages employers (due to the current economic climate) certain niche candidate profiles and skills are still difficult to find. 

From experience, these are the top challenges faced by a startup (or even scale up) business on a recruitment drive.

Hiring Challenges

1. LACK OF HIRING EXPERIENCE (or LACK OF HIRING EXPERIENCE IN THE LOCAL MARKET)

Below are just a few challenges that come to mind as a result of being inexperienced in recruiting:

 – How to write an outstanding job ad and a clear job description
 – Knowledge of salary trends
 – How to conduct an interview, what questions to ask, what to look for in the interviewee
 – Knowledge of the local market
 – How to spot the right candidate from a pile of CVs
 – How to ‘sell’ the company and the role
 – Ability to deliver an exceptional candidate experience

2. COSTS, COSTS, COSTS

Even if backed by funding, startups operate on tight budgets and recruitment comes at a cost. What are the options available if your startup or scale up is embarking on a recruitment drive?

3. LIMITED INFRASTRUCTURE AND/OR SYSTEMS IN PLACE

As a startup or scaleup, going through a growth phase is an exciting time. Expanding the business, means expanding the team. There are a series of operational considerations to be made when in building a hiring capability: 

 – Talent database software
 – Applicant Tracking System (ATS)
 – An established hiring process (ie. best practice job descriptions, documented interview process, etc)
 – Licenses (LinkedIn, Seek, Indeed, Glassdoor etc)

4. TIME

When it comes to time, there are multiple aspects to it: 

 – Where to find time to focus on recruitment? Without the support of a recruitment consultant this falls on the shoulders of the GM, the Head of or the Hiring Manager who are already fully occupied with their actual jobs. How can they make time for reviewing CVs and conducting screenings?

 – The cost of lost opportunity that comes with having a position unfilled for too long, or with a bad hiring decision. This will cause project delays, stress on existing staff and a financial loss if we are talking of sales talent.

– Hiring in haste. Filling a position quickly is important, but on the other hand a rushed hire increases the chances of making the wrong hiring decision.

5. EMPLOYER BRAND & CREDIBILITY

Do you know how to sell your brand and values to attract talent? 

When people look for a job, they also assess to which extent they can identify themselves with the brand of a company. This puts startups at a disadvantage because they often haven’t had the opportunity to build their employer branding and visibility before beginning the hiring process.

OVERCOMING THE CHALLENGES

Recruitment in startup land may seem an overwhelming undertaking, one where compromises have to be made: flexibility, expertise and resources in exchange for a premium price or long term, risky commitments. 

Working with startups and hearing their concerns made me wonder: is there a way for them to get the best of both worlds, without compromises?  

‘Yes, there is!’ was the answer. In fact, we (myself and team) came up with an innovative solution aimed at startups, scale ups and really any size business looking to scale quickly whilst keepong costs down. Get in touch with me at sam.smeaton@nvisiontalent.com  to discuss how we are able to support growth whilst remaining extremely cost effective.

Latest Posts

The cost of lost opportunity in recruitment
The cost of lost opportunity in recruitment

Uncovering the impact of recruitment on the bottom line We’ve all heard the saying “time is money” and that could not be more true. Especially in a COVID19 world. It’s great to see that companies are hiring and growing their sales team again. However, with hiring...

read more
Is Australia cybersecure?
Is Australia cybersecure?

Australia’s need to fill the workforce gap and other challenges.  In this article:   - Outlook of the Current Status - Challenge No.1: the Workforce GapOther challenges to be ready for - Australia’s Future Goals With our daily lives becoming more and more reliant on...

read more

Get In Touch

FOLLOW US

Related Posts

Is Australia cybersecure?
Is Australia cybersecure?

Australia’s need to fill the workforce gap and other challenges.  In this article:   - Outlook of the Current Status - Challenge No.1: the Workforce GapOther challenges to be ready for - Australia’s Future Goals With our daily lives becoming more and more reliant on...

Ease is a greater threat to progress than hardship
Ease is a greater threat to progress than hardship

The saying by Thomas J Watson (the OG CEO of IBM) “if you want to increase your success rate, double your failure rate” could not be truer. We all know sales is a tough gig, it requires a lot of experimenting which means that 9 times out of 10 you will fail and fail a...

The science behind fear and cold calling
The science behind fear and cold calling

Have you ever heard of Atychiphobia? Neither had I, until recently. It’s a medical term I stumbled across recently. It immediately inspired me to write about it and share my thoughts to all sales candidates and professionals,  since most of us at some point in their...