Israeli Startups are finding new employees involves enormous expense just to fill a single position, so startups have moved in to fill the vacuum.
Recruiting new talented and high-level employees is the main challenge facing the managements of startups and development centres of large and multinational companies in Israel. The shortage of experienced workers, along with aggressive fund-raising by Israeli startups over the past year, which filled their coffers with money meant to expand their businesses, has exacerbated the situation and prompted their human resource managers to think creatively.
Organizations have used social networks to reach candidates directly and headhunt relevant staff from their competitors. But the response rate from these “passive” prospective employees, who are approached by recruiters through such sites as LinkedIn, is rather low, usually just few percent.
“It’s not that employees are not interested in receiving job offers,” says Liran Kotzer, the CEO of startup Woo.io. “Research from around the world shows that 80% of employees would be happy to consider new career opportunities, and they even have specific aspirations, such as relocation or a promotion. But because the information on these aspirations does not exist, recruiters are forced to aim in all directions and approach many candidates who are not relevant.
Read more: http://www.haaretz.com/israel-news/business/1.740662?utm_source=hs_email&utm_medium=email&utm_content=33997906&_hsenc=p2ANqtz-_wWBKCCI6usE1287NMQdbkaLowB-0uV-69e1497yflGvkmQrItvRA45RnACfSqEWRaqJXwtKpELw03gRpTJXE2NTYF59NjRswux7cGswP5L0erfzw&_hsmi=33997906