An efficient team is the shortest and most effective way for start-ups to bring their plans to fruition. No matter how many years one may be in business, startups cannot enter the next step without setting up a well-established workforce first. But with the limitations of funds and a dynamic work environment, it becomes a daunting task to balance the right skill-sets with the available resources. “What are the required skillsets required for my startup on priority? Should I go for experience or potential? Which work should I outsource and which work should be kept in-house?” These are some frequently asked questions by business owners, while taking decisions on recruitment.
A few mistakes are commonly seen in the hiring process of startups. From over-estimating a skill-set requirement, to unwanted importance to a stringent process and many other things in between; start-ups can get caught in nitty-gritties and end up with bad hiring. Which are those and how can they be avoided? Read along to find out.
Focusing on a single skill while hiring
We can’t deny that specific skill-sets do matter while hiring for a particular job role, but what is more important for start-ups is versatility. It is always advantageous to choose a candidate who is more flexible to learning new things and experimenting with new ideas, rather than someone who is set in their ways. A start-up culture is very dynamic and the best employees to perform in such an environment are ones who can go beyond a single skill. It helps to hire candidates who are great in their primary skills and good, or even average, in a secondary skill that may be required by the start-up.
Ignoring the red flags
Often, a contradiction is observed between the candidate and their CV. People may portray a strong CV on paper, but when you actually talk to the person, you may find certain inconsistencies. One way to ensure credibility is to provide candidates with a test or assignment related to their job profile, in order to get a clearer picture of their capabilities.
The fear of investing more in manpower
As a start-up, every penny that is invested needs to provide worthwhile returns. Entrepreneurs often make the mistake of taking up too much work, to save the cost on hiring someone for a particular role. Though this may seem like a smart move, it takes up a lot of time, on the part of the entrepreneur, to get even daily tasks done. The art of balancing the right amount of money in hiring is something that every entrepreneur needs to learn, if they want to sky-rocket their business.
Keeping the candidates in the dark
A lot of start-ups, as well as some big companies, tend to hide a lot of information from their candidates and engaging in this practice can completely ruin the company’s reputation. This information usually pertains to company terms and policies, salaries, workload and work culture. Not revealing such information, not only contributes to an unethical workspace, but might also lead to low motivation in employees after joining and cost the start-up a lot more than their reputation. It is better to be upfront with candidates and select the ones who are willing to join the start-up and contribute whole-heartedly.
As a staffing company, Saransh Inc. has seen its share of start-ups that have focused on the right hiring and reaped immense benefits from it. There are a lot of youngsters and experienced people who look forward to working with a start-up and showcase their best capabilities to make the company grow. The right hiring practice is all about finding these people and hiring them.
If you are a start-up looking to hire a team, then Saransh can help you with the entire process. Just write to us at info@saranshinc.com to get started.