![]() “Whether you’re recruiting in a hot market or a cold market, top talent has choices,” explained Powell. ![]() While the recent Job Openings and Labor Turnover Survey showed a slight decline in job openings from 10.6 million to 9.9 million, the competition for the very top employees remains cutthroat, especially for startups trying to poach talent from seasoned tech giants. “Even amidst all these layoffs, there still is this cluster of people in different categories within any industry sector that are still in high demand because they have leadership capability, they’re adaptable, and they move the organization forward,” said Tammy Madsen, professor of management at Santa Clara University’s Leavey School of BusinessĬatching these employees’ attention is an ongoing hustle for executives, even in a labor market that favors those hiring. “These people bring the team along and win together, but not at the cost of others.” “It could be someone’s domain expertise, such as cybersecurity or fintech ,” said Bryan Powell, operating partner of talent at Insight Partners, who advises Insight’s startups on how to build their teams. The most in-demand employees have a combination of highly skilled technical skills and valuable soft skills. Yet experts explained that truly coveted employees aren’t “lone wolf” types who have their heads down working all day they stand out because of their collaborative team work and contribution to a positive work culture. So, what separates top-tier talent from the pack? The phrase “10x employee” has been used in Silicon Valley for years, often referring to engineers, to describe employees that produce far more results than the “average” employee. As startups look to cut costs amid the bank failures and economic anxiety, having one or two leaders that stand out can make or break the enterprise. ![]() Typically, there are effective employees, there are good ones, and then there are the coveted few who are indispensable. ![]() Lucy Brewster here, filling in for Sheryl. ![]()
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