startup worker employee

Summary List Placement

The vast amount of venture capital that’s flowing into tech startups means they’re growing fast and hiring.

That demand for talent puts candidates in an excellent position to collect job offers and make a decision that’s best for them.

“It’s an ideal time to be a tech-startup job candidate,” Matt Hoffman, a partner and head of talent at venture-capital firm M13, said. “While top talent has always had their choice of roles, the job market has been completely upended over the past six months, and candidates have more opportunities and hence more power than perhaps ever before.”

In the first quarter of this year, the amount of venture funding invested in startups in the US topped $64 billion, setting a new quarterly record, according to an analysis by Ernst & Young and Crunchbase, CNBC reported.

Flushed with cash, startups are now chasing candidates in a tight labor market, which gives prospective employees more leverage. But they’re not haggling with companies over compensation or perks, Hoffman said. Instead, candidates are evaluating job offers based on what they know about a company’s culture.

The most sought-after candidates are fielding multiple offers, Hoffman said, which puts pressure on companies to create “healthy and high-performing cultures” …read more

Source:: Businessinsider – Technology


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