If you haven’t already hired a people person by the time you’ve reached Series B, then now is the time to do it, according to founders and investors who shared their top tips on where to spend your funding for Sifted. Series B is about hypergrowth and is often used to fuel scaling and international expansion. Start ups should be focusing on their people and building out key operational functions like talent, HR, finance & legal. A people person can support with: 🙆♀️ Building out your EVP - the long-term vision, culture and values of the business; 🙆♂️ Ensuring there’s a strong and compatible team; 🙆 Preserving and developing good company culture as you expand; 🙆♀️ Benchmarking and compensation, benefits and compliance, DEI, candidate experience, employer branding. #people #talent #HR
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Small businesses often find it challenging to attract and retain skilled employees. Larger corporations with established reputations may overshadow smaller ventures. Offering competitive salaries, benefits, and a positive work culture becomes imperative to attract and keep top talent. Communicating to employees how their work directly contributes to achieving the mission and vision of the business is critical too. What challenges are you facing with recruiting and retention? Need some help? Learn more about Full Life Partners at https://wix.to/1yzEOXv. #SmallBiz #Hiring #WorkCulture
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How HR Professionals Prepare Companies for IPO 🌐 As companies strive for expansion and growth, many consider the path to going public through an Initial Public Offering. This crucial milestone can significantly impact a company's future and requires careful preparation from all departments. Let’s explore the role HR professionals play in getting a company ready for its IPO journey. 💹 🔑 HR Strategy and Workforce Planning 📊 One of the primary responsibilities of HR professionals during the IPO preparation is devising a comprehensive HR strategy and workforce planning. This involves analyzing the current workforce, identifying gaps, and anticipating future talent needs. 📈 🤝 Cultivating Company Culture 🌟 Company culture is the bedrock of a successful IPO. HR professionals must work closely with leadership to cultivate and reinforce a positive and cohesive company culture. This includes defining core values, instilling a sense of purpose, and aligning employees with the company's mission. A strong culture can boost employee morale, foster innovation, and attract top talent, all of which are vital during the IPO journey. 💡 💼 Talent Acquisition and Retention 🎯 Attracting top-notch talent is critical for a company seeking to go public. HR professionals must lead the charge in talent acquisition, utilizing innovative recruitment strategies and employer branding. Moreover, retaining key employees becomes paramount during the IPO process. HR plays a pivotal role in designing competitive compensation packages and employee retention programs to keep valuable team members on board. 📚 Training and Development 🚀 As the company gears up for IPO, HR must focus on enhancing the skills and expertise of the workforce. Implementing robust training and development programs ensures employees are equipped to handle the challenges that come with the public offering. Additionally, promoting a learning culture fosters adaptability and continuous improvement across the organization. 👩🎓 🔒 Compliance and Governance 💼 During the IPO process, HR plays a crucial role in ensuring compliance with various regulations and corporate governance standards. By collaborating with legal and finance teams, HR professionals help establish policies that adhere to relevant laws and promote ethical practices. This not only safeguards the company's reputation but also builds trust with investors and stakeholders. 📈 👉🏼 In conclusion, HR professionals are instrumental in preparing a company for the transformational journey of going public. Their strategic planning, focus on culture, talent management, and dedication to compliance contribute significantly to the success of an IPO. As HR continues to evolve, its role in the IPO process will remain pivotal in shaping the future of companies worldwide. 🌎 #HRLeadership #IPOSuccess #HRStrategy #CorporateCulture #TalentManagement #BusinessGrowth
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In an exclusive interview with UNLEASH, Houlihan Lokey's Sascha Pfeiffer and Adrian Reed share exactly why the HR tech market is booming in 2023. Get the insights ⬇️ “The increasing ‘war for talent’ is driving the need for anticipatory and flexible talent sourcing solutions, while the global dispersion of talent and mobility of the workforce are further stressing the urgency for robust HR software solutions,” - Adrian Reed Read the full interview 👉 https://lnkd.in/e7B9X4PQ #HRTech #UNLEASH #Talent #HRTechnology
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Are you getting the most value from your hiring strategy? Investing in your employees is just good business. In this article, we discuss why this is and how you can build a strategy that maximizes your human capital management. https://lnkd.in/eafRAwun #humancapital #humancapitalmanagement #humancapitalsolutions #hiring #hiringstrategy #businesstips #biztips #SMBs
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Talent Acquisition success IS NOT solely determined by: - Compensation package - Company size - Budget Rather, it depends on strategic actions and avoiding pitfalls. Here are three key do's and don'ts for hiring. Share your thoughts in the comments :) #talentacquisition #talent #recruitingtips #hiring
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Did you know that unemployment in the US hit its lowest in 54 years recently, standing at an impressive 3.4%? As investors, how can we leverage this statistic to our advantage? When unemployment is this low, companies involved in talent recruitment, staffing, and hiring processes are in high demand. Especially those specializing in highly skilled talent acquisition are flourishing. Imagine the profitability of a company that not only meets this demand but also acquires other lucrative staffing companies worldwide. Futuris is that company! With seven recent acquisitions and a remarkable 300% revenue growth in the last year, we're expanding our success. We offer an opportunity for accredited investors to join us in our journey. By investing with us, we can acquire even more successful companies and further amplify our growth. Learn more about this exciting opportunity at https://lnkd.in/gpnXnYsU #Unemployment #InvestingOpportunity #FuturisCo #Staffing #Growth #HCMindustry
Invest Now - The Futuris Company
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How good is your organization at retaining talented employees? See, the success of an organization isn't just about attracting new talent, it's about creating an environment where your incredible employees want to stay and thrive. ⚡ High turnover rates can cost so much money 💰 and disrupt the overall productivity and morale of a company. Also, the inability to keep talent reduces a company’s competitive edge. See why employee retention is so important? But, to create compelling and effective employee retention strategies, you first need to understand why employees choose to stay in a company. What would you add to this list? ⬇️ *Source: Thunderbird School of Global Management, Arizona State University. #employeeretention #hr #tech #fintech #startup #peoplefirst
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Business Head | Talent Evangelist | Executive Hiring | Helping Companies to Find Right Leaders | Blue First Consulting
📈 Let's Shape the Future Together! Empower your organization with the right talent. Whether you're a startup, an established enterprise, or undergoing a transformation, our staffing services are crafted to elevate your team to new heights. Connect with us to explore how we can contribute to your success. Together, let's build a workforce that propels your business forward! Blue First Consulting Nitish Singh #Staffing #Recruitment #TalentAcquisition #BusinessSuccess #WorkforceSolutions #StrategicPartnerships #HR #TeamBuilding #LinkedInCommunity #ElevateYourTeam 🌐
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Headcount planning doesn’t need to be stressful. Here’s how to effectively scale while keeping your finances healthy. 🔍 𝗨𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱 𝗬𝗼𝘂𝗿 𝗧𝗲𝗮𝗺'𝘀 𝗗𝗡𝗔: Begin with a thorough talent review of your current team's strengths and areas for improvement. This isn't just about filling gaps; it's about understanding core competencies, domain expertise, and alignment with business goals. Regular talent evaluations are crucial for identifying essential skill gaps, promptly addressing underperformance, and retaining top talent that resonates with your startup's needs. 📈 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝗕𝗲𝘆𝗼𝗻𝗱 𝘁𝗵𝗲 𝗣𝗿𝗲𝘀𝗲𝗻𝘁: As well as addressing current needs, headcount planning should help forecast future requirements based on long-term goals. Consider the dependency ratios crucial for your business's success, like the balance between product managers and engineers or salespeople and onboarding specialists. What's the right ratio for your unique business model? 🎯 𝗣𝗿𝗶𝗼𝗿𝗶𝘁𝗶𝘇𝗲 𝗯𝘆 𝗜𝗺𝗽𝗮𝗰𝘁, 𝗡𝗼𝘁 𝗩𝗼𝗹𝘂𝗺𝗲: Incorporate a clear prioritization model. Rank roles from Priority 0 (immediately essential) to Priority 3 (nice to have). This involves mapping out the trade-offs and understanding how each role impacts your overall business performance. It's about strategic impact, not just responding to the loudest departmental demands. 💰 𝗕𝘂𝗱𝗴𝗲𝘁 𝘄𝗶𝘁𝗵 𝗙𝗼𝗿𝗲𝘀𝗶𝗴𝗵𝘁: Align your hiring goals with your budget. This includes considering compensation benchmarks, your startup's cash burn rate, R and D strategy, customer acquisition costs, and upcoming fundraising plans. It's a delicate balance between ambition and financial prudence. 🌱 𝗕𝘂𝗶𝗹𝗱 𝗮 𝗙𝗹𝗲𝘅𝗶𝗯𝗹𝗲 𝗦𝘁𝗮𝗳𝗳𝗶𝗻𝗴 𝗠𝗼𝗱𝗲𝗹: Adaptability is key. Equip your team with recruiters skilled in technical recruiting efficiency, ready to pivot to other areas as needed. There are lots of ways to make your model more flexible. For example, you can hire a mix of full-time employees and contractors. Alternatively, use a Recruitment Process Outsourcing (RPO) or on-demand recruiting service when you’re growing quickly. Just remember that filling vacancies as quickly as possible isn’t enough. You need to build a dynamic, adaptable team aligned with both the immediate and future visions of the company. This strategic approach fosters not just growth, but sustainable and efficient scaling. #HR #Hiring #FutureofWork #Staffing
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Aussie writer with 1B+ content views in 10 years | I teach people to use writing online to create career opportunities | Let's connect: tim@timdenning.com
It's so obvious I don't know why more companies don't do it. It removes the competitive nature of trying to hire the best talent. And one good employee is worth ten mediocre ones. Trying to be a tightarse is how you have an office full of amateurs. Paying for good people increases revenue. 📌 If you want to make more money outside of a job, read this: https://lnkd.in/gTTXsF3p
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