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Unlocking Productivity and Growth: Fixing the Three Big Causes of an Ineffecient Workforce in STEM Markets

February 24, 2023

Did you know that top talent in Science, Technology, Engineering and Mathematics (STEM) is 8 times more productive than the average employee? 1 In 2019, an average software employee in a SaaS organisation generated $199k of revenue 2 . A top employee? $1.6M a year. Now that is a competitive edge! It's no surprise that 85% of CEOs say that attracting top talent is critial to building a high-performance culture. Unfortunately, most companies struggle to find high-performing employees. According to Gallup, 53% of workers put in the bare minimum of effort to do their job. Three out of every four workers would not be rehired say managers and one out of every five people fail probation, according to the CIPD. "3 out of 4 employees would not be a rehire according to managers" What is the cost? Mis-hires cost 4 to 14 times base salary, according to the CIPD, when agency costs, HR’s time, interviewers' time, tests, salaries, benefits, VISA fees, loss of productivi

Hire Twice As Fast, Double Employee Retention And Halve Costs. Impossible?

March 24, 2021

Find, hire and keep top talent when competition is fierce and skills are scarce. Did you know that high performers in tech are an "astounding 800% more productive?" . That’s why tech businesses everywhere are vying for the best of the best to deploy on their mission. In 2018, companies around the world spent a staggering "£418.9 billion" on finding the crème de la crème. The competition is fierce. A situation that’s further exacerbated by the talent shortage. A whopping "43% of Science, Technology, Engineering and Mathematics vacancies are hard to fill due to a shortage of applicants" . Businesses are leaning on recruitment agencies, job boards and social networks to fill the candidate funnel. This can be expensive and administrative but most critically it lacks the strategy required to beat aggressive rivals in a tight labor market. Businesses need to do more To find, hire and keep top talent, businesses need to do more. They need to: Elevate their app

Corporate Culture Is Fake News?

March 21, 2021

Discover the surprising truth behind the claims that productivity and culture are linked. It’s often said that in the world of productivity, culture is king. The Harvard Business Review itself claims that culture “shapes attitudes and behaviours” , that it “defines what is encouraged, discouraged, accepted, or rejected within a group.” The assertion being made is that “when properly aligned with personal values, drives, and needs, culture can unleash tremendous amounts of energy toward a shared purpose and foster an organization’s capacity to thrive”. At its core, this is intuitive. Of course, your workplace culture affects productivity. After all, your business is made up of people, and their actions determine the success or lack thereof of whatever you’re building. But stopping there, with a common trade trope is a lazy assumption that should be backed up by facts. And is it backed up by facts? Does Science Back Up These Claims? Well, perhaps not. Just because a common sense belief

Forget The Hoodie! How Start-ups Can Win Top Talent Against Big Corporations

March 16, 2021

Amidst all the hiring challenges that new tech companies face, hiring the best of the best is now a competition they can win with a new choice of partner. We’ve never seen a war for talent quite like the one we currently see around the globe for technology professionals. "By 2030, there will be a global shortage of more than 85 million tech workers, representing $8.5 trillion in lost annual revenue" , according to management consulting firm Korn Ferry. 1 In a recent global technology workforce survey, "87 percent" of executives and managers "say they either are experiencing skill gaps now or expect them within a few years" . 2 Businesses of all types are vying for the best of the best, the cream of the crop, to bring those talented individuals into their organizations and empower them to transform things from the inside. In this war, start-ups have a very difficult task ahead of them because they lack a lot of resources that large corporations use to p

Top 5 Corporate Culture Lessons From The British Monarchy

March 11, 2021

In the wake of the dramatic Oprah interview with Meghan and Harry, we take a look at what not to do when building a corporate culture. Oprah once again solidified her status as the world’s leading interviewer by snatching up an unprecedented interview with the Duke and Duchess of Sussex, Prince Harry and Meghan Markle, which became an instant worldwide phenomenon. Millions tuned in to hear their side of the story after stepping away from the British monarchy. Now, we’re not going to dig into any royal gossip here. Instead, we’re going to look at the culture of the British monarchy and see if there’s anything we can learn from it in the light of the interview. The Monarchy has a Corporate Culture? Indeed it does. We may not think of the British royal family as a business, but if you look at it objectively, it’s one of the oldest businesses we have. Strip away the pomp and you’re left with a large organization with a mission to serve the British nation – albeit with slightly fancier m