How to Find Talent Heading Into Fall 2023

As Fall rolls in and companies rush to leverage their yearly budgets, the pressure to stand out and hire the best increases. In addition to the Fall time hiring frenzy, the tech sector reported its lowest unemployment rate since January 2023, making the demand for specialists in engineering, product, and related fields soar. So, how can your Bitcoin company stand out in such a tight market?

Salary is the Competitive Edge

It's essential to see salaries not as a mere expense but as an investment. If you’re involved in Bitcoin and its related niches, the pay you offer should align with rates offered in the broader crypto hiring market. Advertising competitive pay on job postings speaks volumes of the company's commitment to its employees and will help attract new talent.

A study indicated that 26 percent of candidates ranked non-competitive salaries as a primary reason for job switches. Companies offering competitive pay plus pathways to increase base pay each year will have an easier time attracting and retaining talent.

Flexibility

In today's digital age, and especially in industries that revolve around the internet and technology like Bitcoin, remote work is becoming the norm. In 2022, remote working made up over a quarter of all full-time paid workdays in the U.S. These remote work statistics are trending towards more flexibility into Fall 2023 with no signs of slowing down.

As the Bitcoin landscape transcends geographical boundaries, companies can now tap into global talent pools. Implementing hybrid work arrangements not only enhances work-life balance but also widens the scope for hiring, making remote cities and countries accessible. Consider sourcing talent internationally to tap into these talent pools.

More Benefits

Offering unique benefits can set a company apart. Beyond salaries, benefits like wellness programs, flexible working hours, and financial incentives play a significant role in talent acquisition. As one study suggests, 69 percent of employees might choose one company over another based on the quality of benefits offered alone.

For Bitcoin companies, benefits related to continuous learning, Bitcoin bonus incentives, or even access to Bitcoin Conferences across the world can be added attractions. Most Bitcoin enthusiasts will never turn down more opportunities to earn bitcoin, so get creative on ways to offer bitcoin incentives to employees.

Collaborate with Recruitment Agencies

Finding the right fit for roles in Bitcoin and related sectors is challenging, given the niche nature of the industry. Inbound applications will most likely not fulfill your hiring needs, so tapping into internal referrals and external recruitment firms is a must.

Partnering with recruitment agencies specializing in the Bitcoin space can provide companies with the required expertise and access to a broader talent pool. Such agencies understand the nuances between Bitcoin and crypto, ensuring that companies can find candidates that resonate with their goals and vision. Make your company stand out by reaching out to more potential candidates.

Would you like to leverage a Bitcoin-focused recruitment firm to help with the Fall hiring surge? Bitcoin Talent Co. is here to help grow your team effectively. Whether you need help hiring full-time and part-time positions or would like to use our advisory services to optimize your team’s output, get in touch with our team today to see how we can support your company.

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