Did you know that almost 50% of startups fail within the first five years?
Even more, one of the key reasons cited for failure was having the wrong team! Don’t let poor recruiting be the reason your company fails.
While recruiting for a startup will require a slightly different approach than traditional hiring, it can be done. Consider hiring a startup recruiter as a hassle-free way to hire the best possible team for your business.
We’ll answer your question of what is a startup recruiter below.
What is a startup recruiter?
A startup recruitment firm can merge the bridge of finding qualified people and company purpose. They specialize in the process of finding and hiring the most qualified candidates in a timely and cost-effective manner. In addition, they pinpoint the requirements needed for success in each role and will then screen and select suitable options. One of the most difficult parts of the hiring process is figuring out what you need for the position.
What are a startup recruiter’s responsibilities?
A startup recruiter’s responsibilities include the tedious tasks of scanning through hundreds of resumes, as well as pulling qualified individuals from their personal talent database. They can narrow down the ideal candidates for a startup’s job openings based on previous experiences, past education, skillset, and desired career path. In addition, they have a better understanding of negotiating salaries and how to offer competitive benefits and retirement options. Especially for first-time business owners, the insight and advice a startup recruiter can provide can greatly boost the hiring process.
Why is hiring a startup recruiter a smart move?
Finding the right candidate is important because employee turnovers can cost your company 25% of that employee’s salary. While poor hires are cited as the third biggest reason for failure, lack of cash flow is the second largest factor in a company collapse. Bad hiring choices can result in high employee turnover and poor performances. Both of these effects can deplete your startup’s cash flow quickly, without any good reason. Startup recruiters can change the game and direction your company will take.
Recruiting firms that focus on hiring for startups can be more beneficial than tradition staffing agencies due to their knowledge and expertise towards this unique business situation. They know that when finding talent for a startup company, candidates must be willing to be flexible, adaptive, and have an optimistic, “will do” mentality towards any projects they receive. Simply put, traditional recruitment firms won’t cut it if they lack experience in hiring for developing companies.
Partner with a startup recruiting firm
We hope we’ve answered your question of what is a startup recruiter and why they would be beneficial to your company. For a company that looks beyond just the resume, TruPath is a recruiting firm that finds talent that is culturally aligned with your company. An industry expert in startup recruiting, they know exactly what it takes for your company to succeed. Trupath’s experience with sourcing the best candidates is evidenced with over 17,000 successful placements. Contact TruPath Search today for a premium search firm experience.