Key hiring challenges for emerging companies

Findings from a survey of 100 startups highlight key areas of concern for emerging businesses in terms of hiring, and the link between scarcity of funds and human resource problems.



47% 80% 40% 53% respondents said many venture capitalists review the quality of their workforce to assess funding potential.

53% startups said they spend more than 60% of the standard market value to hire the best talent.

80% startups agreed that employer branding plays a critical role in attracting the right talent.

40% of startups expressed concerns over the rising cost of hiring. Founders fear running out of cash so hiring and sustaining good talent sometimes is a pain area.

65% of startups adopt services from search and recruitment partners for complex talent needs.



- Premium B-schools score high at startup placements and nearly 50% startups prefer team members from these institutions

- Market trends showcase the increasing emergence of management graduates choosing startups than accepting a placement offer from a multinational company

- Despite this, 47% of startups fi nd it challenging to fi nd people with the right skill sets

- To combat this, 70% startups said they look for talent in the same industry as they are in



(SOURCE: MANCER CONSULTING AND ICUBE)