How to Hire Fast to Meet Demand - GGV Live Webinar

TL;DR

Learn how to hire hourly workers quickly and efficiently, adapt to current hiring trends, and implement contactless onboarding processes.

Transcript

thank you so much for joining today I'm Liza I'm marketing manager at GTV very excited to have you all here I know we have people dialing in from all over so good morning good evening wherever you are in the world and I'm gonna hand it over to Robin um to kick things off thanks Liza we have our first master class with workstream today and so thank ... Read More

Key Insights

• 📱 GGB, a venture capital firm, has invested in over 344 companies, with a focus on the rise of smartphones and the mobile internet.
• 🧑‍⚕️ Workstream is an automated hiring platform that helps companies hire hourly workers and offers features like text messaging and smart sourcing.
• 💦 Hiring trends include increased demand for online job postings, remote work, and the need for safety measures in response to COVID-19.
• 👥 To hire rapidly, companies should diversify their job posting platforms, leverage social media groups, and create their own brand identity.
• 😫 Tips for successful hiring include using texting for better engagement, setting up employee referral programs, and timing job postings strategically.
• ⌛ Contactless hiring and onboarding, facilitated by software like Workstream, can save time and ensure a seamless hiring process.
• 🗯️ Retention strategies involve hiring the right people, providing thorough training, and offering competitive compensation and benefits.
• 🧑‍⚕️ Workstream offers solutions for sourcing, screening, scheduling, and onboarding employees, with a focus on hourly workers.
• 🥳 The deployment of Workstream varies based on the size of the organization and can take anywhere from a few days to a few weeks.
• ☠️ Workstream collects data on compensation trends to inform client decisions but does not provide specific suggestions for hourly rates and benefits.

Questions & Answers

Q: How can I manage retention after hiring for positions with high turnover?

To manage retention, focus on hiring the right fit and invest time in proper training. Create a strong employee referral program and offer incentives. Also, consider factors like pay, benefits, and a safe working environment.

Q: Does Workstream suggest hourly rates, benefits, and other compensation details for different positions?

While Workstream does not provide specific suggestions for compensation, they collect data on compensation trends to help clients make informed decisions. They also offer AI-driven smart sourcing to optimize job postings.

Q: How quickly can Workstream be deployed within an organization?

The deployment timeline depends on the size of the organization. Smaller organizations can be set up within a couple of days, while larger organizations may take a few weeks to establish workflows and customize the software.

Q: Does Workstream screen and match CVs based on degrees or experience levels before sending profiles to the recruitment team?

Workstream currently focuses more on the current skill sets and experience rather than degrees or specific job titles. However, they are constantly evolving and considering client feedback to improve their screening and matching capabilities.

Q: How can companies handle layoffs effectively, and does Workstream assist in this process?

When conducting layoffs, it's best to do it once, early, and cleanly. Provide healthcare coverage for a designated period and be transparent with employees. Workstream can assist in streamlining the hiring process but does not specialize in handling layoffs.

Summary & Key Takeaways

• GGB is a venture capital firm that manages $6 billion and has invested in over 344 companies, including unicorns.

• Workstream is an automated hiring platform that helps companies hire hourly workers and offers features like text messaging, smart sourcing, and online onboarding.

• Desmond, the CEO of Workstream, provides tips on sourcing, engaging, and retaining employees, as well as implementing contactless hiring and onboarding processes.