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Smart Hiring: How Growth Stage Firms Can Get Ahead

How Growth Stage Firms Can Get Ahead

Once a firm has successfully moved out of startup and into the growth stage, recruitment becomes critical for ensuring the company’s future success. At TekRek, we understand that recruitment is one of the most important undertakings in building a successful business, from both a technical and cultural perspective. While emerging firms may seem to be at a recruitment disadvantage when competing for candidates against larger and more established companies, the growth stage also brings with it certain key advantages. By focusing their time and resources, it is possible for growth stage companies to “punch above their weight” and make themselves attractive options for job seekers.

The job market is becoming increasingly competitive, particularly with the last two years’ shakeups in remote work and business organization. Now more than ever, it is important to adapt and grow. By recognizing opportunities for agility and creative thinking, your firm can attract top tier talent by using the growth stage period to your advantage. 

One key approach for recruiting the best candidates is focusing on the impression your firm communicates about itself. In this case, it is most important for a growing firm to project stability to possible applicants. This demonstrates that you are not only expanding, but have secure funding and a stable runway for the future. That your firm understands unit economics and this is a priority. This will distinguish your firm as not only an attractive place to work, but as a company worth relocating to and growing at long term. 

Another important aspect of hiring during the growth stage is seeking out places to find top talent. One often overlooked area, particularly in 2022, is larger firms that find themselves restructuring or downsizing. By researching these bigger companies, hiring specialists can proactively identify experienced candidates who may have quite suddenly found themselves thrust into the job market. As a growth stage firm, you can position yourself as a more stable and team-focused environment than the one candidates recently found themselves downsized from.

It is true that larger tech firms make for obvious targets for job seekers, owing to size and name recognition. Despite this, growth stage companies can manage to attract candidates by harnessing information, understanding the market, and targeting their efforts. That is why, at TekRek, we believe in combining a data driven recruiting process with a human touch to engage and interact with the best candidates in the technology space.  

In the past a growth stage company could simply place a job posting online and wait for qualified candidates to find them. Now, it is incumbent on tech companies in this growth phase to be outgoing, and have a pitch worth making to employees who may be weighing several options. 

If your tech firm is at the growth stage, or any stage, TekRek can help you find the right candidates to expand your team. We were founded on the simple vision of making recruitment as efficient and effective as possible. From temporary hires to executive searches, we can help to build the right team for you. By using our bespoke data driven recruitment process, TekRek can help you to not only find, but to engage and build relationships with the best talent specifically for your team and business. 

Contact TekRek today to get started.

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