Talent recruitment agency

Recruiting an effective Tech Team on a Shoestring Budget

Learn the steps to recruiting a tech team on a shoestring budget with our expert tips that will help you attract quality talent.

Introduction

Starting a business is no easy feat as well as the running of it. Every business needs qualified workers to achieve success. Recruitment is therefore a critical business function. Looking at the recruitment costs such as recruitment agencies, job boards, onboarding and hiring team costs, the whole process can seem financially daunting, as reports show that new positions take an average of 42 days to fill.

If you’re looking to hire the best candidates on a shoestring budget, then you’ve come to the right place. In this article we will share tips and strategies on recruiting a tech team on a shoestring budget.

Recruiting a Tech Team on a Shoestring Budget

1. Make Good Use of Social Media

Social media is a great place to start when looking to recruit top talent on a shoestring budget. Platforms such as Twitter, Facebook, and  LinkedIn offer both free and cost effective ways to push out job openings and reach a wider audience.  Statistics show that almost 90% of applicants find job openings through social media.

This makes social media an excellent tool for recruiting on a budget by creating engaging and eye- catching content for potential candidates.

2. Employee Referrals

This is a budget friendly way to hire top talent. Your employees are one of the best ways to reach out to more candidates. The only costs involved in employee referral are the incentives and bonuses given to the successful referrer. Create a simple referral program for your employees to reach out to suitable candidates in their circles. The cost when compared with sourcing for candidates from other channels, is likely lower, the quality of candidates higher and the process faster.

3. Invest in Great but Affordable Technology

Today, companies are making technical recruiting tools part of their hiring process. There are so many recruitment software options to choose from. You have to choose the one that would help solve the problems you need to solve as well as one that is affordable and easy to use. It reduces the time spent on reviewing candidates as they are tested on their skills. Hiring managers only get to interview the candidates who meet their technical requirements. This saves time and  costs to a large extent.

4. Make Use of Niche Job Board Platforms

Niche job boards are job search platforms that service specific industries or job types.

If you’re looking for quality and specialized candidates, then they are the right platforms to start. Some niche job boards are free while others are low cost. Looking for tech talent, try stack overflow, for freelance and contract staff, try upwork, and for  developers; github.

5. Create a Recruitment Plan

Having a plan is key to success. Have a look at your business needs and growth and use this information to determine the number of hires you need to make in the short to mid term. Unless there is an absolute need to hire, you can make use of alternatives like interns, temporary resources or tools. An effective recruitment plan will include the number of positions that need to be filled, valid documented reasons to hire for each position, a recruitment calendar, budget and strategy.

6. Invest in Employer Branding

Employer branding focuses on the image the company wants to be known for. It puts a perception of the company in the minds of potential candidates. To develop a strong employer brand, you have to showcase your company’s culture, values and goals. Posting employee testimonials is also a great way to attract potential candidates and increase applications.

7. Tech Events and Job Fairs

These events are a great means of networking and connecting with potential candidates. They provide your company the opportunity to showcase the available job openings. Candidates are able to know more about your company in an informal setting. These events do not cost so much and are sometimes free.

8. Virtual Interviews

Virtual interviews are a cost effective way to conduct interviews with candidates located in different geographical locations for remote tech talent recruitment as well as onsite. They are more flexible and make scheduling easier for the candidates as well as the hiring manager.

9. Build a Talent Pool

This involves keeping relationships with candidates and former team members of the company. It is important to give candidates a good experience during the recruitment process by communicating with them every step of the way. This shows that you value them, and  in situations of job openings, you do not need to start the hiring process from scratch which in turn reduces cost. Past candidates or team members may also have acquired new skills needed for the available roles.

10. Internship Programs

Internship programs give candidates the opportunity to get valuable work experience. It is also a cost effective way for your organization to assess their skills and determine if they are a right fit. This is a great way to identify and develop top talent.

11. Make Use of Current Employees

It is cost effective to retain and train  existing employees. Around 50 percent of respondents in a statistics survey stated that expectations for career advancement were having a negative impact on hiring and retention.

Employees will stay in a place where they are given opportunities to grow in their careers.

This can be achieved by offering professional development opportunities  for the skills required and providing a positive workplace environment.

Conclusion

Finding top tech talent on a low budget should not be impossible if you follow the above mentioned tips and strategies. By creating a positive and growth centered work culture, improving your employer brand, making effective use of social media and employee referrals to name a few, you’re well on your way to attracting and retaining top talent for your organization.

You can reach out to us at AnalogueShifts to help you get started.

Frequently Asked Questions

  1. How do you recruit with a small budget?

There are several ways to do so:

  1. Plan your recruitment budget.
  2. Work on your employer branding.
  3. Make use of employee referrals.
  4. Build a talent community.
  5. Make good use of tech events and job fairs.
  6. Offer Internship programs.
  7. Make use of employee retention strategies.
  8. Build a solid culture.

2. What are the types of tech talent?

Tech talent include the following occupation categories such as: software developers and programmers; computer support, database and systems; technology and engineering related; and  computer and information systems managers.

3. How do I find tech candidates?        
You can find tech candidates by utilising platforms like Linkedin, GitHub, Stack Overflow, AngelList, tech-specific job boards, and online communities. You can expand your reach, connect with skilled professionals, and identify candidates who possess the right skills and expertise for your organisation.

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