Challenges in Startup Hiring

1. Startup Hiring Challenges

2. Contents • Introduction • People Who Can Adjust • The Requirement To Hire Quickly • Finding People With Enough Motivation • Communication Skills • Inappropriate Planning • Cost Limitations • Collaboration • Finding The Best Fit Team • Technical Hiring

3. Introduction • There are quite a few challenges that every startup faces. One of these includes, hiring the right sort of people at the right price point. • Here are some common challenges that every startup faces

4. People Who Can Adjust • A startup faces challenges of finding experienced professionals who can fit into the needs and requirements of the company, completely. The cost level that the business may be looking to hire at, may not match with the required skills. • A startup requires resources who are quick to understand the business and take the responsibility head on.

5. The Requirement To Hire Quickly • Most startups require to hire employees quickly so they can take on their responsibility and add to the growth efforts. • If the hiring is not done on time then the business can lose a lot of precious time on activities that are planned for its growth and sustenance.

6. Finding People With Enough Motivation • Every startup is looking for leaders who can propel its growth through sheer motivation and zeal to grow. Most startups find it difficult to find such people. Every startup is looking for talented individuals who have the ability to learn and adapt in a dynamic environment. • Many a times the prospective candidates have the skill set, but do not have the right attitude.

7. Communication Skills • Having the right set of communication skills is extremely important for a startup employee. Finding people with the appropriate communication skills can be extremely challenging. • It is important for startup employees to understand the work culture in the organization and communicate with the team in an appropriate manner.

8. Inappropriate Planning • Every startup faces a shortage of resources. Since there has to be a lot more focus on the core business and revenue, to begin with, it becomes difficult for the startup to focus on the hiring activities.

9. Cost Limitations • Every startup is looking to maximize the return on resources invested, there are limitations on how much a startup can invest. A startup usually finds it difficult to find people who can be hired at a smaller budget. • Hiring freelancers helps in saving on hiring costs like – employee benefits and long term hiring, but reduces the stability of employment and the activity.

10. Collaboration • The one quality that every startup is looking for is the ability to collaborate with the team. This is very important for getting the team to learn and grow. The overall productivity level of a startup should be at the optimum level for it to survive and grow. Talented individuals who can work as team players are an essential for every startup. • Finding the right talent becomes a herculean task for most startup businesses.

11. Finding The Best Fit Team • The biggest challenge that every startup faces, is to find the best fit resources. A startup is looking for people with multiple skill sets and all rounders. • People who fit into a specific business type with specific requirements are hard to find.

12. Technical Hiring • One of the biggest challenges the startups are facing is the lack of technical talent that fits the project requirements. Technical resources with the desired skill set and experience are hard to find.

13. Choosing The Right Partner Virtual teams are a cost effective way to grow your business and improve productivity. Hiring an expert agency like ValueCoders helps in hiring the best-fit teams for your project requirements. This simplifies the management process and makes the hiring cost effective as well.

14. Get in Touch • sales@valuecoders.com www.valuecoders.com • www.facebook.com/valuecoders • www.twitter.com/valuecoders • www.linkedin.com/valuecoders