Two core startup skills Build a product with great product/ market fit Build a sales and marketing machine #hiringforgrowth... Enter the third crucial startup skillBuild a recruiting ma
Trang 1How Startups Can Build a Recruiting Machine
#hiringforgrowth
@lever
Thursday April 7, 2016
Trang 2● Phone lines are muted - please use
the chat box for questions
● Tweet us using #hiringforgrowth
and @lever
● $100 Amazon Gift Card for the
most useful tweet
Trang 3-Our featured speaker
David Skok
General Partner Matrix Partners ForEntrepreneurs Blog
@BostonVC
#hiringforgrowth
Trang 5Two core startup skills
Build a product with
great product/ market fit
Build a sales and marketing machine
#hiringforgrowth
Trang 6● Explosion in startups
● Low growth in skilled workers
● Software is eating the world - everyone wants developers
What’s changed?
Demand now significantly outstrips supply -
especially for technical talent
Trang 7And recruiting has undergone its own revolution
Trang 8The hires that most impact your
company’s
performance aren’t looking for a job
Trang 9Enter the third crucial startup skill
Build a recruiting machine
#hiringforgrowth
Build a product with
great product/ market fit
Build a sales and marketing machine
Trang 10Sourcing & Selling
are the key new skills
Trang 11Recruiting well takes the entire village
Photo credit: http://bit.ly/1WeQWae
Trang 13The recruiting funnel
#hiringforgrowth
Candidates
Highly productive employees
Middle
of funnel
Trang 14Top of funnel:
What makes it so hard?
#hiringforgrowth
Trang 15Sourcing Selling
Trang 16Q When should you hire your first recruiter?
#hiringforgrowth
Trang 17Q When should you hire your first recruiter?
A Earlier than you think.
#hiringforgrowth
Trang 181 They can bring more focus to your sourcing efforts
2 They’ll sell your company better than an outsourced
recruiter would
3 They can build out a better candidate experience
Note: you may still need to enlist the help of a headhunter
for exec roles If you do, choose carefully.
3 reasons to hire a full-time in-house recruiter early
#hiringforgrowth
Trang 19A full-time recruiter does NOT mean you’re off the hook
“I have seen some companies get into trouble when team
members think that having an in-house recruiter means they
can now ‘pitch this problem over the fence.’
I tell clients (from CEO on down) that they are all part-time
recruiters Ensure that the CEO in particular visibly embodies
Trang 20Photo credit: http://bit.ly/1S2rvCl
Referrals are much easier in the digital age
review networks from all
past jobs
your team: a strong
mission/vision
Trang 21Sourcing passive candidates
Sources we like:
● AngelList - startup hires
● GitHub, StackOverflow - developers
● Dribbble - designers
● Sourcing.io - engineers
● Xing - select European talent
● LinkedIn, Facebook & Twitter - all
● Conference speaker lists - all
For more tips on how to source a quality pipeline, download our free ebook: lever.co/ebook-sourcing
Trang 22Why you need a strong talent brand
Trang 23How to articulate your talent brand
● Consider your brand as experienced
by your employees What makes you different/ special?
● Keep in mind what motivates your target talent, e.g., technical talent:
○ opportunity to solve technical problems
○ co-workers they can learn from
○ opportunity to contribute to open source
○ cool mission
○ culture they can relate to
● Think about channels to showcase your brand
#hiringforgrowth
Trang 24Promoting your talent brand will boost your recruiting efforts
bit.ly/hubspot-culture
1.8 million views to date
#hiringforgrowth
Trang 25A few thoughts on
getting to Developers
Trang 26● A key lesson we've learned is that engineers cannot be recruited
billion times
have success with this community
From one of my Portfolio Companies
Trang 27Know what you’re looking for in your hire
Example: key competencies expected for a Matrix Partners associate
#hiringforgrowth
Trang 28Middle of funnel:
Who’s selling whom?
#hiringforgrowth
Trang 291 Need to sell at each stage, while also evaluating
2 Need to nurture candidates
3 Need to manage your process
Byproducts of the passive candidate age
#hiringforgrowth
Trang 30A great candidate experience secures hires and creates advocates
#hiringforgrowth
Photo credit: http://bit.ly/1j6qmh3
Trang 31We incorporate three types of interview into evaluations
Type of interview Approach
Screening interview Initial evaluation to make sure candidate
passes the bar for consideration
Topgrading interview Chronological history of the career, to
understand successes, failures, and results achieved by the specific individual.
Focused interviews Conducted by team members to ensure
candidates possess the core competencies.
#hiringforgrowth
Trang 32A few keys to successful interviewing
● Screen thoroughly to focus on top candidates
● Build rapport; mix evaluating with selling
● Assign focus areas to each interviewer; structure your feedback form accordingly
● Dig into the bad stuff, but don’t be judgmental
Trang 33Reference checking is imperative, especially for senior hires
Recommended reading: bit.ly/reference-checking
● Let the reference drive the call
● Expect the reference to proactively raise negative points
● Lead the call; probe for exact details on the candidate’s achievements
● Find ways to frame
‘weakness’ questions to get accurate answers
Trang 34How to manage your process?
vs.
#hiringforgrowth
Trang 35Bottom of funnel:
It ain’t over ‘till it’s over
#hiringforgrowth
Trang 36Bring in your heavyweights
Photo credit: http://bit.ly/1HUx1H0
Trang 377 ways your VCs can help you hire executives
#hiringforgrowth
1 Thinking through org design and timing of key hires
2 Help with job description, especially for ‘first of its kind’ exec roles
3 Figuring out compensation
4 Sourcing candidates
5 Tracking down backdoor references
6 Interview support
7 Selling!
Trang 38Invest for productivity
#hiringforgrowth
Trang 39Onboarding is absolutely critical
For more details, see see www.forentrepreneurs.com/onboarding
Hubspot Sales example
Trang 40Why we invested in Lever
#hiringforgrowth
Trang 41Sourcing & Selling
are the key new skills
Trang 42Why we invested in Lever
Traditional ATS Evaluate & sell only
Lever Source, nurture, evaluate & sell
#hiringforgrowth
Trang 43Recruiting well takes the entire village
Photo credit: http://bit.ly/1HUx8SX
Trang 44Get your whole team hiring
“With Lever in the hands of all
Mattermark employees, we've cut our
time to hire for open roles in half
Everyone from our team is sourcing candidates, referring friends, and contributing to hiring discussions
Hiring is now a team effort; I can train
new employees about how to use Lever
in two minutes It's incredibly intuitive.”
Trang 45Thank you! Questions?
For more information:
www.forEntrepreneurs.com
Browse our webinar
library:
https://www.lever.co/recruiting-resources
Trang 463 additional ways to keep in touch
#hiringforgrowth