Date post: | 17-Aug-2015 |
Category: |
Recruiting & HR |
Upload: | lighter-capital |
View: | 177 times |
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LIGHTER CAPITAL WEBINAR © COPYRIGHT 2015 p2
Branden HarperDirector of Lighter Capital
+10 years financing early stage tech companies, either
as an entrepreneur or investor. Over $50M raised or invested
Today’s Speakers
Paul SlezakCo-Founder of RecruitLoop
+20 years in the recruitment industry and has been a
hands-on recruiter, manager, trainer, coach, mentor, and
regular speaker for the industry across Australia, Asia, Europe, and North America.
LIGHTER CAPITAL WEBINAR © COPYRIGHT 2015
› RecruitLoop is a global marketplace of independent recruiters and sourcers, working on-demand by the hour connecting employers of all sizes with experienced recruiters, who can help with any part of the hiring process - typically with 80% cost savings compared to traditional recruitment.
Trusted by:
About RecruitLoop
LIGHTER CAPITAL WEBINAR © COPYRIGHT 2015
› Mission: make fundraising process more efficient utilizing technology and alternative structures
› Funded +70 tech companies: Most active revenue-based finance lender in the country
› $50K-$1M in growth capital, including making key hires, product development and sales/marketing initiatives
› Entrepreneur-aligned structure
About Lighter Capital
LIGHTER CAPITAL WEBINAR © COPYRIGHT 2015
Today’s Agenda
Questions to ask yourself before recruiting
Ensure financing is included in your recruiting plan
Manage the recruiting process: talent attraction, sourcing strategies, and interviews
p5
LIGHTER CAPITAL WEBINAR © COPYRIGHT 2015 p7
So Ask Yourself
1. Have you even thought about a job description?
2. Have you actually budgeted for your key hires?
3. Should you use an external recruiter?
4. What do you need to look for in a recruiter?
5. Should you do it yourself?
6. Do you have time to do it yourself?
7. What do you look for in a CV?
8. How do you really distinguish between a candidate’s skills and competencies?
LIGHTER CAPITAL WEBINAR © COPYRIGHT 2015 p8
Plan for your key hires
1. What can you afford?
2. Incremental hiring vs. explosive hiring
3. Things to consider when you budget your key hires
4. What are your options?
LIGHTER CAPITAL WEBINAR © COPYRIGHT 2015 p9
Talent attraction
1. What are you really looking for?
2. What exactly will your team member be doing?
LIGHTER CAPITAL WEBINAR © COPYRIGHT 2015 p10
Defining success from the outset
What do you think is more important: the candidate’s ability to get the job, or the candidate’s ability to do (and ideally excel) in the role?
LIGHTER CAPITAL WEBINAR © COPYRIGHT 2015 p11
Write An Eye Catching Job Ad
‣ An effective headline
‣ Key benefits (usually in 3 bullet points)
‣ A brief business profile
‣ A summary of the role itself
‣ A profile of your ideal candidate
‣ Any rewards or incentives
‣ Your contact details
‣ Disclaimer
LIGHTER CAPITAL WEBINAR © COPYRIGHT 2015 p14
The Interview
“The only way to determine how the candidate will perform in your role, is to ask questions around how they performed a similar task in the past”.
‣ Behavioral based questions
‣ “Tell me about a time when …”
‣ “Give me an example of a time that you …”
‣ The 30 minute rule
LIGHTER CAPITAL WEBINAR © COPYRIGHT 2015 p15
5 Critical Interview Questions
① Why are you really sitting in front of me today?
② What are you ideally looking for in your next role?
③ What salary are you on now?
④ Who else is involved in your decision making process?
⑤ How will your manager react when you resign?
LIGHTER CAPITAL WEBINAR © COPYRIGHT 2015 p16
Why do people leave or stay?
700 employees working for tech startups were recently surveyed:
- 66% felt a lack of progression in their role was the main factor in deciding to leave
- 12% said more money would influence their decision to change companies
- 85% believed a clear plan for future professional development was the main reason to stay
- 72% believed a strong team culture was another reason to stay
LIGHTER CAPITAL WEBINAR © COPYRIGHT 2015
How Can We Help?
Lighter CapitalCan provide $50K-$1M growth funding if you need to use that for key hires
› Non dilutive
› Long-term growth capital
› Flexible payments
› Can get you funded in 30 days
RecruitLoopCan match you with verified recruiters and sourcers, who bill by the hour
› Connect with an expert recruiter
› Receive flexible recruitment support
› Only pay for the hours you use
› Save 80% on traditional recruitment fees
Learn more: www.lightercapital.com
Contact us: [email protected]
Learn more: www.recruitloop.com
Contact us: [email protected]