Over a million developers have joined DZone.

Hiring in a Time of Scarcity

Scarcity is always inevitable in every market. How do companies deal with hiring new employees in the middle of a problematic period?

· Agile Zone

Reduce testing time & get feedback faster through automation. Read the Benefits of Parallel Testing, brought to you in partnership with Sauce Labs.

I’ve never understood the hypergrowth mindset that’s guided the tech industry for the last few years, and part of me is happy that the investment bubble has popped. I’m not interested in throwing around money to solve problems; my experience is this creates more problems than it solves, and then you have twice the problems to solve when the money dries up!

You can see how lean companies like Toyota deal with economic troubles compared to their historically gluttonous American counterparts. Toyota has been able to take problems in stride. More wasteful companies, who were making large profits due to a booming market rather than their own ingenuity, were in turmoil. This is obviously not unique to car manufacturing.

Scarcity requires hard decisions. Let’s say you have 12 months of runway, and each new hire brings in runway 2 weeks. Do you keep your runway as long as possible, so you have the longest time to experiment and learn? Do you hire a few people immediately, so they can get ramped up and begin making an impact as soon as possible? Or do you need to hire for easier to fill positions, and defer the hire to as late as possible to keep yourself open to opportunity? There’s no single answer because every situation is different. But these are the tough conversations you are forced to have when money is scarce. You really analyze what you’re doing, why, and how to improve. I want scarcity to drive ruthless efficiency, effectiveness, and innovation.

I was talking to someone from a public company recently who said they knew they wouldn’t be able to fill all their dev spots, so they are using one of those spots to fund open source work. Brilliant! But how many companies are just looking to put butts in seats?

(Just something I want to clarify — I’m speaking only about taking a critical eye to management decisions like hiring and firing. Another startup mindset, of constant crunch and low pay as a proxy for “scrapiness”, is another one I don’t like!)

The Agile Zone is brought to you in partnership with Sauce Labs. Discover how to optimize your DevOps workflows with our cloud-based automated testing infrastructure.

Topics:
hiring

Published at DZone with permission of Rob Galanakis, DZone MVB. See the original article here.

Opinions expressed by DZone contributors are their own.

The best of DZone straight to your inbox.

SEE AN EXAMPLE
Please provide a valid email address.

Thanks for subscribing!

Awesome! Check your inbox to verify your email so you can start receiving the latest in tech news and resources.
Subscribe

{{ parent.title || parent.header.title}}

{{ parent.tldr }}

{{ parent.urlSource.name }}