The candidate-driven recruitment landscape of today allows candidates to select employers based on their preferences. As a result of this shift, growing companies are under constant pressure to go above and beyond to attract the best talent, especially in crypto and web3. The crypto recruitment process can be made more efficient by implementing candidate attraction strategies that create a positive candidate experience and showcase an employer’s brand.
1) Getting candidate attraction right in crypto recruitment
In a competitive talent market, you’ll need a successful candidate attraction strategy – aligning your business goals, setting up a user-friendly and inclusive recruiting process, and choosing the right channels are key to a successful recruitment campaign.
2) Making candidate attraction work in crypto
It’s important to align your organization’s recruitment goals and job descriptions should go beyond effectively communicating expectations and responsibilities. As well as highlighting the unique aspects of your company and the benefits of working for your company, include information about your mission, vision, and values.
3) Candidate centric crypto recruitment
Make your recruitment process a breeze for candidates, it should be user-friendly, fast, and transparent from the start. Throughout the process, there should also be clear communication and feedback. Keeping candidates informed about the status of their applications and providing regular updates throughout the recruitment process is a must. Positive experiences during the recruitment process increase the chances of candidates accepting job offers and recommending your company.
Positive experiences during the recruitment process increase the chances of candidates accepting job offers and recommending your company.
4) Benchmarking cryptocurrency salary and benefits
Offer competitive salaries and benefits! We always recommend salary benchmarking analysis prior to advertising a role and transparency with candidates from the outset. Offering competitive salaries and benefits will attract top talent to your organization, keeping your salaries aligned with market standards will support retention. Additionally, it is key to be transparent with candidates about salary expectations to ensure alignment, also be aware that it may shift throughout the process due to other jobs offers, promotion etc. For more info on our salary benchmarking service for senior crypto & web3 jobs, contact us.
5) Channels for candidate attraction in crypto
Selecting the right candidate-attraction channels is key to finding the best crypto candidates. Consider crypto job boards, social media, employee referrals, and networking events if you have an in-house recruitment team to reach your target audience and manage applications. If you don’t have a dedicated team able to deliver a first-class journey for all applicants or have time pressures and want to hire efficiently, you might want to engage an agency. A dedicated recruiter can be a great option but choose a solution that aligns with your recruitment goals and target demographics, while ensuring a positive and personable candidate experience.
6) Show off your crypto & web3 company culture
Great employers have great employer brands. Positive reputations and cultures attract more candidates, which reflects in a positive and engaging recruitment process. Think of the hiring process as a two-way street. Your candidate recruitment journey showcases your company’s values, mission, and culture, which will help you attract candidates who align with them. Make sure this goes across every touchpoint of your interview process, hire through a recruitment agency, they should know your company and represent your distinctive brand.
7) Data-driven hiring & ATS
Using data-driven hiring can help you hire better candidates and analysing the data can improve your recruitment process. Recruitment metrics captured by an ATS (time-to-fill, source of hire, etc) can give you valuable insight into your recruitment process making it easier to identify bottlenecks and make data-driven decisions to improve efficiency with data. One metric will affect recruitment success negatively: speed. In a competitive, busy market, slow recruiting methods kill your chances of getting the best talent.
Slow recruiting methods kill your chances of getting the best talent.
8) Talent tools & AI
Talent assessment tools, many of which now incorporate AI, can help you organise and interpret recruitment data better. With easy-to-understand customizable reports and analysis to make better hiring decisions a good ATS is a great idea. The right talent assessment tool could save time, reduce bias, and improve hiring quality. It also promotes DEIB within your organization. A diverse workforce enhances business performance, improves decision-making, and fosters innovation and creativity.
9) Preboard new hires
A preboarding process starts an employee’s onboarding process before their first day. It can provide new hires with an opportunity to get excited about their new job and to remain engaged until they begin the position. You may want to send them some swag, and encourage them to ask questions, also letting them know what to expect on the first day.
10) A great onboarding and opportunities to grow and develop.
Give your new hires a warm welcome and all the resources they need to get started. Continue your positive recruitment process with a positive onboarding process, keeping new starters on track with clear goals and expectations and regular feedback.
A company’s success depends on attracting and hiring top talent. Using these recruitment hacks, employers can improve candidate attraction strategies, optimize recruitment processes, and make better hiring decisions. Today’s competitive job market requires embracing recruitment technology, leveraging networks, and providing a great candidate experience.
🤟🏼 Helpful Crypto, blockchain and web3 links
Interested in a crypto job? Looking to hire crypto, blockchain or web3 talent? Search other crypto jobs, our services and follow RecruitBlock on LinkedIn or blog.
Want to learn more about what’s happening in the crypto industry? Here are some great places to start! Cointime Coindesk Cointelegraph CoinMarketcap or get involved in the decentralised community and blockchain in London – CryptoMondays House of Block