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Hiring Strategies
for
Small Businesses
#SMBHiring
2
“Startups face a huge burden in today’s
economy, often having to choose
between funneling resources toward
creating their goods and services or
managing the often complex
accounting, tax and financial strategy
planning necessary to run a successful
business.”
~ David Ehrenberg,
Founder and CEO
Early Growth Financial Services
www.recruitloop.com www.earlygrowthfinancialservices.com
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.
www.recruitloop.com www.earlygrowthfinancialservices.com
What’s in store…
• How to attract talent
• Job descriptions vs performance profiles
• Skills vs competencies
• Crafting the perfect job ad
• Performance-based interviewing
• Critical interview questions
• Reference checks
www.recruitloop.com www.earlygrowthfinancialservices.com
Talent Attraction
• What are you really looking for?
• What exactly will your new team
member be doing?
Job Descriptions vs Performance Profiles
3
• What does success mean?
• Core objectives
• You’re not just looking for
skills, but for natural traits
and competencies
• Your performance profile is
your tool to use
throughout the hiring
process, from interviewing
through performance
management Xwww.recruitloop.com www.earlygrowthfinancialservices.com
Separating Skills
from Competencies
• Skills can be taught
• Competencies are
traits that make
someone right for your
company
• Especially important as
your company grows…
www.recruitloop.com www.earlygrowthfinancialservices.com
Crafting The Perfect Job Ad
• Attract the right
candidates
• Strong headline
• Define perfect
candidates in terms of
traits
• Link performance profile
into job ad
• Perks – what else makes
your organization stand
out
• Use keywords effectively
Performance based interviewing
AKA Behavioral based interviewing, targeted selection
based interviewing
•Results-focused recruitment
•No hypothetical questions!
•Questions must direct candidate
straight back to past
performance: past performance
is best predictor of future
performance
•Re
www.recruitloop.com www.earlygrowthfinancialservices.com
S - Situation
T - Task
A - Action
R - Result
S.T.A.R.
www.recruitloop.com www.earlygrowthfinancialservices.com
The 5 most critical interview questions
1. Why are you sitting in front of me today?
2. What are you really looking for in your next position?
3. Who else is really involved in your decision making
process?
4. What salary are you on now? And what are you looking
for?
5. How will you manager react when you hand in your notice?
www.recruitloop.com www.earlygrowthfinancialservices.com
Why you MUST conduct 2 reference checks
• Relate back to performance profile
• Target questions around your specific job
• Align with your interview guide
• Ask about past situations
Key question:
Would you re-employ this candidate?
www.recruitloop.com www.earlygrowthfinancialservices.com
To find your “needle in a haystack,”
use your performance profile to stitch together the pieces
of your cohesive hiring strategy.
14
Early Growth Financial Services
contact@earlygrowthfinancialservices.com
www.earlygrowthfinancialservices.com
415-234-3437
Follow us @EarlyGrowthFS
Paul Slezak
paul@recruitloop.com
www.recruitloop.com
415-794-6052
@Paul_Slezak / @RecruitLoop

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Hiring Strategies for Small Businesses

  • 2. 2 “Startups face a huge burden in today’s economy, often having to choose between funneling resources toward creating their goods and services or managing the often complex accounting, tax and financial strategy planning necessary to run a successful business.” ~ David Ehrenberg, Founder and CEO Early Growth Financial Services www.recruitloop.com www.earlygrowthfinancialservices.com
  • 3. 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. www.recruitloop.com www.earlygrowthfinancialservices.com
  • 4. What’s in store… • How to attract talent • Job descriptions vs performance profiles • Skills vs competencies • Crafting the perfect job ad • Performance-based interviewing • Critical interview questions • Reference checks www.recruitloop.com www.earlygrowthfinancialservices.com
  • 5. Talent Attraction • What are you really looking for? • What exactly will your new team member be doing?
  • 6. Job Descriptions vs Performance Profiles 3 • What does success mean? • Core objectives • You’re not just looking for skills, but for natural traits and competencies • Your performance profile is your tool to use throughout the hiring process, from interviewing through performance management Xwww.recruitloop.com www.earlygrowthfinancialservices.com
  • 7. Separating Skills from Competencies • Skills can be taught • Competencies are traits that make someone right for your company • Especially important as your company grows… www.recruitloop.com www.earlygrowthfinancialservices.com
  • 8. Crafting The Perfect Job Ad • Attract the right candidates • Strong headline • Define perfect candidates in terms of traits • Link performance profile into job ad • Perks – what else makes your organization stand out • Use keywords effectively
  • 9. Performance based interviewing AKA Behavioral based interviewing, targeted selection based interviewing •Results-focused recruitment •No hypothetical questions! •Questions must direct candidate straight back to past performance: past performance is best predictor of future performance •Re www.recruitloop.com www.earlygrowthfinancialservices.com
  • 10. S - Situation T - Task A - Action R - Result S.T.A.R. www.recruitloop.com www.earlygrowthfinancialservices.com
  • 11. The 5 most critical interview questions 1. Why are you sitting in front of me today? 2. What are you really looking for in your next position? 3. Who else is really involved in your decision making process? 4. What salary are you on now? And what are you looking for? 5. How will you manager react when you hand in your notice? www.recruitloop.com www.earlygrowthfinancialservices.com
  • 12. Why you MUST conduct 2 reference checks • Relate back to performance profile • Target questions around your specific job • Align with your interview guide • Ask about past situations Key question: Would you re-employ this candidate? www.recruitloop.com www.earlygrowthfinancialservices.com
  • 13. To find your “needle in a haystack,” use your performance profile to stitch together the pieces of your cohesive hiring strategy.
  • 14. 14 Early Growth Financial Services contact@earlygrowthfinancialservices.com www.earlygrowthfinancialservices.com 415-234-3437 Follow us @EarlyGrowthFS Paul Slezak paul@recruitloop.com www.recruitloop.com 415-794-6052 @Paul_Slezak / @RecruitLoop

Hinweis der Redaktion

  1. We offer outsourced financial services to small to mid-sized companies Accounting, CFO, tax, valuation 350+ successful, venture-backed clients nationwide across all industries Ancillary value – connect you to our network of investors, give fundraising advice, etc.