Author Archives: Ashley Alfred

Why You’re Losing Top Talent

Attracting and retaining talent is becoming more and more difficult as organizations grow and as tech continues to boom. We have spoken to hundreds of hiring managers and to thousands of candidates over the last six years and have determined some of the top reasons people leave their jobs. The costs associated with backfill are extensive. For a medium-size company, the annual cost of turnover is $1.57 million. Depending on the size of your company, these can be magnanimous. The following will help you determine where to focus your efforts to mitigate these challenges and increase employee retention throughout your organization.

STAGNATION
A common concern that candidates express to us is a lack of challenge in their role. According to a study conducted by Harris Poll, almost 77% of employees feel they’re ‘on their own‘ to develop their careers within a company. A lack of career growth and advancement is one of the biggest reasons people leave their jobs. The 2019 Millennial Manager Workplace Survey reports that 75% of millennials believe that constantly changing jobs advanced their careers. You can’t promote everyone, but you can ensure that people are doing interesting work and constantly learning. Building and learning new technologies is one of the best ways you can keep your team learning. Make sure to spread the maintenance around and ensure that everyone gets to do interesting work from time-to-time.

WORK-LIFE BALANCE
Tech is not a predictable 9 – 5 role and anyone in this industry knows that sometimes there are long hours involved. However, sleeping at the office should never be the norm. Work-life balance is considered one of the top deciding factors by 73% of job seekers when assessing a new role; as such, a lot of companies are now offering flexible hours and the option to work from home. There are times during a critical launch when additional hours will be required, but if your team is constantly working late in the evening and on weekends, they will burn out. Too much stress on the job can create a toxic culture. Stay apprised of your team; when you see them working late steadily, remind them to log off. Employ walking meetings, offer mental health days, ensure they take vacation and explore other ways to create balance.

COMPENSATION
Money isn’t everything, but it is one of the reasons that 25% of people leave their jobs, though less prevalent among Millennials. A lot of candidates begin looking elsewhere if they feel that they aren’t getting paid their worth. A common area this occurs is in startups. As a role evolves and responsibilities grow, it’s only fair that the compensation should follow suit. Another common mistake is underpaying newcomers. 1.2 million new immigrants came to Canada between 2011-2016, yet they make 16% less than those born in Canada. They’re also typically younger and have more education than the average Canadian. Since The cost of hiring and training someone is high and since 59% of developers are open to new job opportunities, you’re not saving anything by underpaying if they leave.

FALSE HOPES
This is when someone leaves the organization within their first few months. According to a survey done by Jobvite, 30% of job seekers have left a job within 90 days of starting. There are many reasons people leave a job in the first few months, but the main reasons we have seen are disorganized leadership, incomplete interview process, the position being different from what they signed up for, inadequate training or an incomplete or poor onboarding experience. Disorganized employees who earn $50,000 annually fosters companies an additional $11,000 in lost time. Transfer this to a new hire, and that amount will most definitely increase. You never get a second chance to make a first impression – this adage applies to leadership if they want to retain the talent they’ve acquired.

CULTURE
A negative culture will always chase away the best engineers because they’re marketable and can find another job in a matter of weeks …or as quick as 12.5 days for some developer roles. A lack of recognition for their efforts and accomplishments are obvious reasons why people leave their jobs, as are stressful or toxic environments. Happy hour and team events after hours are not for everyone. Instead, focus your team events during working hours to build team cohesion and alleviate the stress of working long hours. According to Forbes, 36% of employees say lack of recognition is the top reason to leave their jobs. Take the time to give your team a shout out when they’ve reached critical milestones, or have been putting in extra hours. Small gestures truly go a long way!

Attracting the right talent is challenging; retaining that talent is critical to the success of your team and your company.

Top 5 Interview Questions for Technology Companies

Applicants

The interview process is your main opportunity to determine if you want to entrust someone to be a part of your team. There are many details to look at outside of technical aptitude and it’s difficult to assess all of these aspects with only a few short interactions. We are hoping that the following questions take out some of the guesswork.

1. What have you done to make a positive impact on the company you’re currently working for?
This question will tell you if this person is able to see the bigger picture and understands the purpose of what they’re doing, allowing you to avoid hiring “ticket takers”. You’re looking for answers that tell you how the individual made the company a better place. This will take a bit of probing when interviewing juniors and intermediates, who generally answer with their job description, but senior candidates should be able to answer without probing. Their answers will be very telling of their abilities, but also the way they approach problems and challenges.

RED FLAG: Not providing specific details; avoiding the question; reiterating their job description (after probing).

2. What skill are you trying to improve right now and what are you doing to improve them?
This question will tell you what their weaknesses are, but it’s more focused on ensuring that he/she realizes and can communicate their challenges and if they have a plan to correct these areas and if they’re focused on self-improvement. The best candidates are down-to-earth and realize they have room for improvement but are not overly critical of themselves. They take pride in improving and excelling in the things that they are passionate about.

RED FLAG: Not providing an answer means the interview is over. Naming skills that are a requirement for your posting means they don’t have the skills for your role. An under or overzealous list is a big flag. Not having a plan for improvement is a no-no!

3. Pitch our company to me as if I were buying our product/service.
This question shows how much research they have done on your company before coming in the door. You want to see that he/she has taken the time to research who you are, what you do and how you do it. Added bonus for a detailed LinkedIn search, reading old blogs, looking into your team and what they do, and of course, any media that has surrounded you and your team. This is also a great place to see the passion they have for your product, technology, and culture.

RED FLAG: Not having viewed your website is a deal-breaker. The candidate should know more than just the basic information from your website; they should have a clear understanding of your product/service. Where applicable, we want to see the candidate sign up for your product and try it out.

4. Tell me about the last project you worked on outside of work?
Programmers that love what they do are artists. They create in their spare time because they’re passionate about their work, not just to make money. A programmer that can discuss personal projects in the interview is usually a candidate we want to talk to. When working in a small team where each individuals contribution will make or break your product, you need people that are always enhancing and growing their skills. If everyone is doing side projects and enhancing their skills they will grow in experience very quickly.

RED FLAG: Someone that doesn’t research new technologies or market trends. Junior or intermediate candidates that do not code in their own time, Senior candidates that have never coded in their own time.

5. Do you have any questions for me?
This question is often overlooked, but very important. Did the candidate ask questions about the job? Were their questions insightful If the questions are limited to vacation policies and the contents of your snack bar, they may not be the right fit for your team. If they are asking about your growth plans, the type of work they’re doing and their future within your company, they’re more likely to care about the job when they start.

RED FLAG: Questions limited to benefits & compensation; questions about working hours and how much time off they get, not asking questions about growth opportunities, culture, projects, etc.

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About Sage: we are technical and executive search consultants that strive to make hiring easier for technology startup’s, SMB’s and rapidly-growing software companies. With over 6 years’ in business, we have helped Toronto’s leading brands to accelerate their hiring and grow their business with the most talented Engineers available. Check out our Google Reviews to learn what our clients and candidates say about us. For more information or to get started, contact us today!

Modern Medicine: Convenience, Create, & Control

The advantages that technology offers modern medicine are beyond belief. This includes online references for patients, (Wikipedia/WebMD) online appointment booking, paperless healthcare facilities, and smartphones that strive to make healthcare both convenient, and accessible. 

The use of AI coupled with robotics has been instrumental in the development of prosthetics that communicate with the brain to replicate the human body’s natural movements. Genetic testing enables people to make more informed decisions with respect to family planning and preventative measures related to their own health.

Convenience: Accessibility & Affordability
Since the dawn of the smartphone and App stores, providing healthcare at the touch of a screen has been first and foremost in creating an accessible healthcare experience. As of 2018, there were over 318,000 health apps available on the top app stores worldwide. That number has increased. Some of these include: connecting patients with specialists at rapid speed, having prescriptions refilled online and delivered right to your door and checking wait times before venturing into the cold winter weather with a feverish toddler. Convenience is at the core of the future of healthcare. There are several apps that facilitate real-time crisis counselling , helping those that are unable to wait for the next available appointment. For many with anxiety disorders including PTSD, leaving the house can be a feat in and of itself and these services give them the comfort and security of remaining in their own home. Physical therapy requires multiple and usually expensive treatment methods and travelling can be a painful experience. Now, with a quick online search, you can find at home Physio services or just use YouTube videos designed by licensed specialists that offer a plethora of exercises for almost all kinds of aches, pains, and injuries. These are accessible any time, any place and at no cost. Of course, consulting with your doctor is always vital prior to starting any type of healthcare routine, (but that can also be done conveniently via email).

Create: Invention & Reinvention
Injuries or illnesses resulting in loss of a body part are unimaginable, and the road to recovery is even more difficult for those affected and their families. Thankfully with the progression of AI, mind-controlled prosthetics with sensory feedback are becoming reality. 

Surgery is more advanced than ever before and now offers in-utero surgery for fetuses. In 2017, Canadian doctors performed their first-ever in-utero surgery for spina bifida at 25 weeks pregnancy resulting in the birth of a healthy baby girl who hasn’t needed any further medical intervention. This surgery spared the family the emotional and financial stresses of having travel to the US for expensive specialized surgeries.

3-D printing of organs allows surgeons to create a clear plan to take before they undergo complicated and intricate surgeries. More importantly, it gives these surgeons the opportunity to practice the surgery, anticipating any challenges. This results in a much higher success rate while minimizing associated risks and recovery time. Sick Kids Hospital in Toronto has been using 3D printed hearts to prepare for pediatric surgery.

Control: Be Informed
One of the greatest aspects of modern medicine is the amount of control it gives us over our own health. We have the ability to know our blood pressure, heart rate, temperature, body mass index, blood sugar levels, and sleep rhythms without even going to the doctor by using health wearables. A watch not only tells the time; it gives us a picture of how our health is functioning and how well we are performing physically. Wearables have even provided access to life-saving technology for people in remote and impoverished regions throughout the world. Digital necklaces that contain an infants’ medical history are less than $1.00 and sleeping bags that help cure hypothermia are available at a fraction of the cost of radiant heaters, making them not only accessible but also a reality for several developing countries.

The Future is in Our Hands
The future of tech not only enables us to be bigger, better, and faster, but it enables us to healthier, stronger, and more mobile. Modern Medicine has made accessible information, Health Tracking Smartphone Apps, Machine Learning, AI, Robotics, Health Wearables, 3-D Printing, Biometrics Scanning, Cloning, and Transplants all very real and will change the future in ways that we can’t begin to imagine. We can only hope for the ongoing success of all of the dedicated researchers, engineers, scientists, physicians, and all others involved in continuing to make these medical marvels possible.

The Plight of a Start-up Recruiter

I have been sourcing technical and executive positions for startups for nearly a decade. It’s not an easy job and sometimes it seems thankless. I understand that most recruiters shy away from startups; many won’t work with a start-up until they’re cash-flow positive or have over 20mm in funding, where others will steer clear of them altogether. Personally, I think that’s a mistake.

If you check out some start-up statistics, you will notice that only 56% of businesses make it to the 5th year. You find articles that discuss the “90% start-up failure rate” and others tout about the inexperience of start-up managerial teams and overall risk of start-up companies.

It makes sense why recruiters are so afraid to work with start-ups, the chances of success are not very high for most. On the other side, if the company is successful and does get acquired or IPO’s, your contacts are likely to leave or the company recruitment strategies can simply change focus. You’re constantly starting over again and again and again.

I’m the first to admit that my job isn’t easy. Everyone I have ever known in the industry outside of my mentor, who has since retired, has gone internal. Internal is much simpler. You get to leave work at 5 pm, where my day doesn’t end until 7 or 8 pm on most days. I work weekends and evenings more often than not. I see failure, again and again, only to pick myself back up again and again.

So Why Do We Work With Start-Ups?

Well, I think these articles are all mistaken. Working with start-ups is extremely rewarding and constantly challenging. You’re not just qualifying a job, you’re also qualifying a company, a Founder and every leader in the business. You’re doing research and digging into their financial situation, their culture and the future or the company. Everything is faster; you have to move fast but, at the same time, you have to find the best of the best. It’s quite frankly much more challenging and I find it invigorating.

TBH, I’ve always been the type of person to get bored easily. Before I was 20 I had done 6-8 different jobs and none lasted longer than 6-months. I am now having my 6-year anniversary at Sage Recruiting and that’s because every day is a challenge. In addition to being more challenging, I also find it more rewarding. I have grown so many startups I can’t count (but I will) and I know that I have made a real impact on their businesses.

For instance, I placed the first Software Engineer of Hubdoc, a former-startup that was recently acquired by Xero for 70 million dollars. I was able to place a good portion of the first team at WealthSimple, a former startup that has now grown to over 200 people and manages over 2 billion in assets. I was lucky enough to place a VP at Real Matters before they did one of the biggest IPO’s in Canada and valuing the company at 1 billion dollars and placed countless people at The Secret Location from the start, before their acquisition to Entertainment One.

So How Did We Do?

In order to quantify my success, I decided to do some math. I have actively worked with a total of 12 clients that have sold or done an IPO in the past 5 years. To put this in perspective, in the past five years in Canada, 183 Canadian companies have been acquired. That’s nearly 10% of all acquisitions in Canada … for one person!

Hiring key roles for a start-up that got acquired is extremely rewarding, but it’s certainly not the “end all, be all”. I’ve watched candidates that I have placed grow from developer to lead to the manager to director in a matter of a few years, which is not the type of fast-paced growth you typically see in a big company. I have received cards and gifts from Candidates that have profited from an exit or are simply thankful that they have found their “perfect company”. I am constantly reading reviews about my business from business owners, leaders and candidates that took the time to write on to thank me for my work. I’ve had a chance to get to know business leaders and executives on a personal level.

This level of closeness with the owners and leaders is part of what makes me so good at what I do. Yes, start-ups have their challenges, but I wouldn’t trade them in for anything in the world.

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