OpenView Addresses the Challenges of Recruiting for Expansion-Stage Technology Companies
Boston, Mass. (PRWEB) July 25, 2013 -- OpenView Venture Partners, an expansion-stage venture capital firm focused on providing technology companies with deep operational support, announced today the release of two new resources for expansion-stage technology companies. A new eBook entitled “Get More Talent! How to Build the Talent Factory Your Company Needs to Scale” is a step-by-step guide to establishing a successful in-house recruiting team. It comes on the heels of a report entitled “How to Win the War for Top Tech Talent,” which provides practical insights to help companies overcome the unique challenges of recruiting software engineers.
The report features the results of a proprietary survey conducted in June 2013 of more than 100 technical recruiters and over 100 software engineers from around the United States.
“We are excited to share the best practices we have developed from our experience recruiting for our more than 20 portfolio companies over the past several years,” explained Diana Martz, Director of Talent at OpenView. “Recruiting top talent is essential for any company that wants to scale, and we are confident that the practical knowledge and unique data and insights these resources provide will help many growing businesses establish more efficient and effective recruiting practices.”
“Get More Talent!” provides a comprehensive guide to building an in-house recruiting team capable of lowering recruitment costs; driving higher ROI; and creating a better, more visible, and highly credible company culture. It explains how to assemble and manage a successful team of recruiters, how to execute the six phases of an effective recruiting process, and how to leverage the best recruiting tools and technology in the industry.
“How to Win the Ware for Top Tech Talent” reveals some interesting finding’s from OpenView’s survey, including significant discrepancies between what companies think top engineering talent looks for in a job and what those engineers actually want. For example:
• 64 percent of recruiters believe that the greatest motivator for software engineers to consider a new job is having the opportunity to work with interesting technology, while less than 10 percent of the software engineers surveyed cited cutting-edge technology as a key reason for accepting a new position.
Other findings include:
• 89 percent of software engineers surveyed have applied to two or fewer jobs in the past five years, which helps explain why it can be difficult to find and engage top software engineering talent.
• 45 percent of software engineers noted that a position’s relevance to their individual background was the top factor in deciding whether or not to respond to a recruiter’s outreach, while 13 percent cited interest in a company and 10 percent selected competitive compensation.
OpenView’s eBooks and reports span a variety of topics, including technology, venture capital, marketing, sales, and recruiting. Download copies of any of them by visiting http://labs.openviewpartners.com or simply sign up for OpenView’s weekly newsletter to have the firm’s eBooks, reports and other operationally focused content delivered to you every week by clicking here.
About OpenView Venture Partners
OpenView Venture Partners is an expansion-stage venture capital firm based in Boston that is focused on investing in high-growth software, Internet, and technology-enabled companies. Through its staff of seasoned operating executives, who collectively bring several decades of technology and management experience to the firm, OpenView is able to help portfolio companies quickly optimize their product, go-to-market, and organizational and operational functions. Founded in 2006, the firm invests globally and has approximately $445 million in total capital under management.
Kevin Cain, OpenView Partners, http://www.openviewpartners.com, 617-478-0984, [email protected]
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