Whilst we like to think that TalentVine is definitely the most useful HR tech product available, from time to time we come across useful products that can help make life easier for our clients.
Topics: candidates, Recruiting & Hiring, hiring tips, how to hire, how to write job decriptions, lean hiring, startup hire, startup hiring
In developed markets, the average time it takes to fill a role has been increasing since 2001.
This is a problem.
Topics: candidates, Recruiting & Hiring, hiring for startup, hiring for startups, hiring tips, how to hire, lean hiring, streamline hiring
It sounds simple, right? Hiring people who align with your organisation's culture will ensure everyone stays happy and productive.
Organisational culture is important. This is a widely recognised fact, and despite the fact that few of us ever get it perfectly right, most people are at least conscious of the need to focus on developing the right culture.
Topics: Recruiting & Hiring, hiring for startup, hiring for startups, hiring tips, company culture, Culture, how to hire, how to interview
The hiring process is biased, unfair, and exceedingly subjective.
Regardless of how virtuous a human being you are, there is a high likelihood that your hiring process is influenced by some form of "ism", whether it be race, age, gender, sexual orientation, or something else entirely.
Topics: candidates, employer brand, Recruiting & Hiring, hiring tips, how to interview, HR
An interview isn’t an exam. Give your candidates a chance to prove themselves.
The candidate interview and selection process is, for the most part, cumbersome, outdated and frankly wrong. Too many of us treat interviews like some kind of exam.
Topics: Recruiting & Hiring, hiring for startup, hiring for startups, hiring tips, employee needs, how to hire, how to interview, lean hiring, startup hire
Employers don't hate recruiters. They hate bad recruiters. When an employer hires an amazing candidate through a top rated recruiter and this is done at a fee, replacement guarantee and service levels that both parties are happy with... well, then everyone is happy. This is the exact hiring utopia that we are providing at TalentVine.
Here are some numbers to provide a little snapshot of what happens in the background whilst all our recruiting partners are working their magic:
- Recruiters that use the TalentVine platform have an average rating of 8.8,
- The average fee chosen was 3.4% higher than the lowest offered fee, suggesting that employers value quality of service over cost,
- It takes employers using our platform an average of 24 days to fill their role,
- Exclusive fees are more popular than non-exclusive fees.
Topics: Recruiting & Hiring, hiring tips, best recruiters, HR, infographic, recruiter-infographic, recruitment, recruitment tips, startup hire
As a growing startup, you’ve heard it a dozen times before. Recruiters have called you up, asking if you’re currently hiring at the minute and regardless of whether you are or not, they’ve hit you with their carefully worded objection handlers.
“Can your startup really afford to hire the wrong person?” and “‘What is the true cost of spending 50 hours of your precious time to do a mediocre job of DIY recruitment?”
But Alas, they're not wrong. Especially for a startup.
When it comes to running a startup, you might not like to think it, but both of these statements are true. And actually, more so for a startup than an established business. Read them again and think about it.
Job boards and networks don’t attract the highest quality candidates so if this is the only method being used to source early talent, you’re really limiting the potential pool and using up a lot of your valuable time in the process.
This is why we partner with many startups, helping them grow their teams across Australian ecosystems.
As a startup ourselves, we know the challenges that come with cash-flow and the chicken and egg situation that’s involved with making hires who can then make the company more money. This is why we have three month payment terms for startups so they can see a return on their investment before the full recruitment fee is paid.
Not every startup needs a recruiter. Sometimes you’ll meet the perfect hire at a networking event, co-working space or through job boards.
But from our experience, this is usually what tends to happen...
- The startup needs to make a technical hire so they start asking around their network and pay $300 to put the ad on a job board.
- In total the CEO or hiring manager spends 40 hours writing the ad, viewing CVs and holding interviews for a shortlist of candidates.
- The candidates don’t meet their requirements, so they engage with a recruiter who happens to call them at the right time.
- Once they see the difference in quality that comes from professionally-screened candidates, they make an offer and end up paying up to 20% of the salary as a fee.
And voila! We see it happen time and time again, and when you’re in the most delicate phase of your growth, that 20% fee and time spent sourcing through job boards can actually have quite a detrimental effect on your bottom line.
Now for the juicy stuff...
After you’ve identified that you need to hire someone to join your team, here’s a tried and tested method of hiring that works.
- Start with the basics - Ask your networks, seek referrals from friends or colleagues, and perhaps give job boards a go if money is tight.
- Sign up to TalentVine - Place your role on TalentVine. Remember, there’s no cost or obligation. You only pay the fee you’ve agreed on if you hire your perfect candidate, which can be paid over three months so that you can get a return on your investment before the full fee is paid.
When you’re tapping into both the active job market (people looking for work on job boards) and the passive market (candidates who’ve been tapped on the shoulder by recruiters which often includes your competitors) you’re allowing yourself the opportunity to find the creme de le creme of talent and not missing any tricks.
TalentVine recruiters can also guide you through a variety of candidates in the market, so you can get a better understanding of salary requirements and expectations. Connecting with recruiters is a great way to open hiring options available that you might not have considered. You’re also getting the recruiters expertise on writing job descriptions, best-practice recruitment processes, reference checks etc.
If you happen to find the right person through job boards or your network - awesome. And if not, at least you know you’ve seen the best possible candidates in the market whilst you continue with your internal recruitment methods, so no time has been wasted.
What happens if I hire through TalentVine?
If you do make a hire through TalentVine, we invoice you one third of the fee on your candidate’s start date, one third after a month of being with you and the final third after three months so you’re able to get a return on investment before committing to the full amount.
What if your candidate doesn’t work out? Things happen that are out of our control, which is why our six month replacement guarantees will mean even if this does happen, they’ll be replaced at no additional cost.
Startups live and die based on their hires. TalentVine is all about giving founders the best possible chance and choice to make the right hiring decisions. You’ve already got this far, what’s there to lose?
Topics: Recruiting & Hiring, hiring for startups, Hiring for Startups, hiring tips, how to hire, HR, recruitment, recruitment tips, startup hire
There is a perception in our industry that people hate working with recruiters, but we know without a doubt that this is not true.
Topics: Recruiting & Hiring, hiring for startup, Hiring for Startups, hiring tips, how to access recruiters, employee turnover, how to hire, lean hiring, recruiters, recruitment
Startup recruitment in Australia, or anywhere in the world for that matter, are faced with the same issue. No spare time to filter through hundreds of applications on Seek or LinkedIn, no spare cash to outsource to a specialist recruiters. At the same time, there is an imperative need to have the best technical talent in your team in order to build that next unicorn of an app, website or piece of software.
Topics: Recruiting & Hiring, hiring for startup, hiring tips, recruitment, startup, startup recruitment, startups
The old saying goes that 'Employees don't leave jobs, they leave their managers'. As much as we can think of 101 reasons why that employee must have REALLY quit before we accept that the reason might have actually been ourselves, it's worth assessing how you're really treating your staff.
Topics: Recruiting & Hiring, hiring for startups, hiring tips, how to hire, lean hiring, recruiting, recruitment, streamline hiring, talentvine, top talent