5 Recruitment Strategies that Start-Ups LOVE!
A start-up might be an idea of one person but the execution of that idea, to achieve success is a team effort. Recruiting refers to the overall process of identifying, attracting, screening, shortlisting, and interviewing, suitable candidates for jobs within an organization.
Hiring the right people for a new start-up is just as essential as having a great product or idea. At the end of the day, it’s people that make a company successful. A business is only as good as its employees.
FEW ADVANTAGES OF HIRING RIGHT EMPLOYEE:
• Saves time:
A person with proper knowledge of the role asked to play, will be very particular about the time management. Time will be utilized more efficiently as the person will know what he is doing, and eventually, no wastage of time on the account of understanding the role will be done.
• Lesser Chances of Error and Mistake:
If hired rightly, a person with knowledge, interest, experience and willingness about the role, will make lesser errors or mistakes while doing it. Mistakes and errors cause delays and issues regarding reputation which can be avoided with the right hiring.
• Business Growth:
Hiring the right people today can reduce the number of people a start-up needs to hire in the future, as the company grows. Candidates who are interested and invested in your business will be open to growing their role as your business matures.
• Team Building:
Businesses thrive when teams work together towards a common goal or task. Bringing in strong team players will contribute to your company’s culture, just as bringing in the wrong person will disrupt the problem-solving process.
Here are the top 5 recruitment strategies a start-up could use for hiring right:
1. Employer Branding
When it comes to start-ups, not having a well-know name makes it harder to get on candidates’ radar. A venture could start by setting missions statements that summarize the company’s purpose, goals and core values. A mission statement and core values will help define your employer brand and the reputation you want to have with employees, job seekers and key stakeholders.
2. Treat all Applicants Well
There is always a high demand for candidates with higher calibre also known as high-quality leads. Prioritize such candidates, impress them and give them a great hiring experience, along with reasons to stay. Recruitment is one of the most critical areas that you need to address because every new employee you add to your start-up can move it forward dramatically, slow it down, or push it backwards.
3. Know Who You are Looking for
There are several tactics start-ups can use to improve the quality and quantity of candidates they bring in the door. It is very important to create candidate personas for each role that opens up. These personas will help you determine everything about the role, including skill requirements, preferred experience level, geographical location as well as where and how you will find the individual.
4. Show off Your Company Culture
One of the main aspects any candidate looks for is a friendly and understanding work environment. it’s important to share all that you have to offer with candidates through your employer branding efforts.
5. Use an Employee Referral Program
Referred employees tend to stick around longer, are cheaper to hire and tend to be better performers than non-referral new hires. Start-ups can benefit a lot from referral recruiting because young companies need all the good employees they can get, without the high cost from traditional hiring methods.
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