Start-up businesses: Their attractiveness and recruitment downfalls
There are several reasons why someone may want to choose a start-up business over a larger corporate business. Being part of a smaller team can mean more responsibility. You could be the only person within a small team that holds the skills that you do, helping you to integrate you into the core team from the start. As well as this more opportunities can come from working within a start-up business.
It’s not new news that many of start-ups won’t pay as much as larger companies but instead a start-up offers different type of rewards such as the skills and experience you will obtain instead of the incentives being focussed only on money. Other benefits include great close-knit company culture, recognition for your work, learning from true innovators plus many more.
But when it comes to filling positions for start-up business, what does that look like?
Start-ups are usually tricky to recruit for as they tend to not use agencies until they have exhausted their own networks and they don’t usually have enough budget to spend on recruitment fees either. However, timing is everything for a start-up business and they have to get everything right fairly quickly which can be tough.
Hear from Joss Collins, Regional Director in the Sanderson London Office as he talks the attractiveness of start-up businesses, as well as their recruitment downfalls.
“Start-ups are always looking for fresh talent and can be great experience to learn in a dynamic, fast-paced, hard-working environment. People who work within the tech industry specifically, are often motivated by the story behind a business, being part of the journey and the attractiveness of the technology being deployed, and many start-ups usually tick all of these boxes.
“In a world where many businesses have had to adapt to new ways of working include remote working, many start-up businesses have adopted this, which is another way they can help attract and secure new talent.
“But start-ups are often constrained by tight budgets and long-drawn interview processes when it comes to recruiting this fresh talent. In some cases, a candidate may need to meet a lot of folk within the business before a decision is made. In the market we are currently faced with, this prevents them from securing people quickly, where there are so many roles for candidates to choose from. We don’t have a particularly large start-up client base here in our London office, but this would be my view on why people find start-ups appealing, along with their recruitment process and some of the difficulties they can be faced with.”