In a founder to founder interview, Drafted CEO, Vinayak Ranade sat down with Brendan Schwartz, Founder & CTO at Wistia to pick his brain about hiring, team building, and company culture.
For the last 3 years, we’ve been hiring insanely talented co-ops at Drafted. In this post, I will detail everything from why it’s a good idea, the process, and some of the hacks we use to win the game.
It takes a village to raise an all-star team. If you’re always helping, referring an amazing new teammate is the highest impact way to help any team accomplish their mission. With Drafted Communities, companies can curate, manage and build their own referral communities. You can create or join your very own referral community today, for free. Great hires don’t come just from employee referrals, they come from the community you build around your employer brand. Why community referrals? 40% of referral based hires actually originate from somewhere in your community. Your community includes friends, family, advisors, investors, customers, and anyone that cares about your company. Those of you in the recruiting world might also know these as external referrals. A[…]
What’s better than getting great referrals? Getting great referrals where you really need it. That’s why we added a new feature in Drafted to help recruiters prioritize positions where they want to see a boost in referrals.
It’s the classic Catch 22 situation hiring teams find themselves in. You have a referral program in place with a bonus included for your open software engineering and account executive roles. After launching the program you start seeing an overwhelming boost in referrals but those account executive referrals are not up to par. It’s almost a complete waste of time to even sift through them.
The Drafted Slack Bot is the best place to make referrals and keep employee engagement at an all-time high. People like to use Slack to quickly make a referral. Included in the Slack referral form are options for how the referrer would like the talent team to reach out to the referral. We added a new option for those who want to reach out to their friend first.
Referral parties tend to go something like this… A department of 20-30 people hangs around the office for a couple of extra hours to be fed pizza by the talent team. While eating a slice of pie they search through their LinkedIn connections to find some people that they can refer. Referrals are found, maybe even contacted, and recorded in an ATS, spreadsheet, or hopefully somewhere.
Boston is a mecca for high growth startups. Sharing the talent pool with companies like Salsify, EzCater, and Toast is no easy feat. Not to mention competing with the likes of Facebook, Google, Microsoft, and Amazon offices. There’s a lot of companies reaching for the same talent right in Klaviyo’s backyard. What’s even harder is hiring quality people, fast.
Lightspeed’s Startup Hiring Trends Report discovered that new hire onboarding, referral programs, and performance reviews were the most common. These programs are designed to foster career development, build company culture, and promote general employee well-being. They are the key to building and scaling successful teams.
Does Drafted feel better, faster, stronger? That’s because it is. There are new improvements everywhere you turn.