LinkedIn recently released their top startups to watch in 2021, and there’s no surprise that several fintech companies are at the top of their list.
For years we have been watching fintech companies like Ally and Chime take the banking industry by storm, and in return, many big banks have tried to assimilate to this so-called “new standard” that fintech companies have created.
Yet, in today’s labor market, the competition for talent is stiff, and it may be affecting your fintech company’s growth as we speak. If this is the case, no worries, we’re here to help. Keep on reading for four tips on the best fintech recruitment practices!
- Use Social Media
Millennials are known for being digital natives, and chances are if you’re looking to hire someone who is going to be a gamechanger to your company, it’s going to be a new hire in the millennial generation. This is why it is possible you would make your very first interactions with them on social media. Let’s face it, job boards alone aren’t going to cut it; as technology advances, we’ll see more new hires come from places like Reddit, Slack, Instagram, and TikTok.
The main channels you’re reaching your consumer target audience is on social media, so why wouldn’t you use it to attract the best talent? Spread the word on your job openings by incorporating social media ads, and be sure to ask your friends to share the post to get access to as many networks as possible.
Or, make your life easier and lean on our social media presence that reaches tens of thousands of people each day! Get in touch now to learn how we might speed up your hiring: email@example.com
- Fair Compensation
The tech industry is known for paying considerably high salaries, and if you’re going to attract the best fintech job seekers, you best believe they’re going to expect nothing less. As much as it pains us to say it, take a look at your competitor’s salaries on job boards and see what they’re offering their employees with similar job descriptions. If you have the budget, you’re going to need to spend it to get the talent you know your team deserves. Now more than ever, the most qualified job seekers know their worth, and a good-paying job is at the top of their list of non-negotiables.
Raso Solutions tracks salaries across the board and can help you budget your hiring strategy. Book a consultation to see how we’ve done this for others in your industry: https://rasosolutions.com/schedule
- Diversity and Inclusion
Hiring a diverse team is becoming an industry standard, and it is expected by stakeholders and customers! That’s right; your customers are interested in your internal team.
Research from TopDesignFirms found that 67% of consumers are likely to make a second purchase from a brand they believe is committed to diversity and inclusion. Glassdoor surveyed future employees and found that over 65% of job seekers consider workplace diversity essential when making application decisions.
If you need help expanding your hiring practices to be more inclusive, let us help! Schedule a call with a Raso delivery manager now: https://rasosolutions.com/schedule
- Working with Raso Solutions
Raso Solutions is known as a leader in technology placement! We have helped source reliable and meticulous talent for our clients in the fintech sector with our pipeline of talent who have the professional experience your company needs to succeed. When you partner with Raso Solutions you can trust that the candidates we introduce to you are screened, tested, and vetted.
To get started on working with us, schedule your free consultation today!