Latest / The Inspired Stories Podcast / Mastering the Art of Matching: HireWell's Custom Recruiting Approach with James Hornick | Staffing Series
Transcript
- 0:04Welcome to another edition of Inspired Stories where leaders
- 0:07share their experiences so we can learn from their successes,
- 0:10how they've overcome adversity, and explore current challenges
- 0:13they're facing. Welcome to another edition of
- 0:17the Inspired Stories podcast where leaders share their
- 0:20experiences so we can learn from their successes and be inspired
- 0:23by how they've overcome adversity.
- 0:25My name is Anthony Kotaspodi and today's guest is James Hornick,
- 0:29partner and Chief Growth Officer at Hirewell.
- 0:32For more than 20 years, they have partnered with growing
- 0:35companies in various industries to help them solve their hiring
- 0:39needs. Their success is attributed to
- 0:41their passionate consultants who bring their rich experience,
- 0:44impressive network of professionals and knowledge in
- 0:47retain search, corporate recruiting and interim staffing
- 0:51to connect the right talent with the right opportunity.
- 0:54James runs A blog called Talent Rants and Sarcasm where the
- 0:59landing page says I do two things, talent and sarcasm and
- 1:03I'm fresh out of talent. So I suspect we may be in for a
- 1:06good laugh on today's show with James.
- 1:08But before we get to that good stuff, today's episode is
- 1:11brought to you by my company, Add Back Benefits Agency, where
- 1:13we offer very specific and unique employee benefits that
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- 1:19bottom line. One recent client was able to
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- 1:38Now back to our guest today, the Chief Growth Officer of
- 1:41Hirewell. James, I appreciate you making
- 1:43the time to Share your story today.
- 1:45Yeah, thanks for having me. I I felt like you, you got the
- 1:47podcast intro voice down pretty well.
- 1:49You almost made it to the very end before slipping up I think
- 1:52on the last sentence. So.
- 1:53I I appreciate you calling everybody's attention to that.
- 1:57You're going to edit that in post or something like that, You
- 1:59know he's. The no people listening are
- 2:01probably like Oh my, my Internet connection must have dropped out
- 2:03His his voice disappeared for a second.
- 2:06But no, now they know the truth, thanks to James.
- 2:08You're welcome. All right, so James, let's let's
- 2:11start maybe a little bit towards the beginning.
- 2:13How, how did you first get started in the staffing
- 2:15industry? What drew you to it?
- 2:17Oh, I needed a job. I mean, for the reason I'd, I'd
- 2:21be surprised if we've had recruiters on here before.
- 2:23I don't know if you've had them on your podcast.
- 2:25Side note, I've never actually, I don't actually listen to
- 2:26podcasts and I run 2 podcasts. So yeah, it's, you know, a great
- 2:29thing. I, I'm assuming you may have had
- 2:31some recruiters on before. Everyone's got a, a similar.
- 2:34We just, everyone just fell into it.
- 2:35Like no one, no one chose this profession as they're a child.
- 2:38No one was like, I want to be a recruiter when I grow up there.
- 2:42There's always some story. So for me it was I graduate, I'm
- 2:47gonna date myself here. I graduate at the very tail end
- 2:49of as asthe.com bubble was bursting and there were still
- 2:54some a couple good years left of tech sales at my first job,
- 2:57early 2000s, I was working in I I was working at UU Net, which
- 3:02was part of Worldcom. So I.
- 3:04Remember those names? Yeah, well, you if you don't
- 3:07remember Worldcom, it's because of Enron.
- 3:09So Worldcom did the same thing Enron did, just slightly
- 3:12smaller. But yeah, it was a massive fraud
- 3:15meltdown, huge tech conglomerate, telecom
- 3:18conglomerate, because telecom used to be like a thing people
- 3:20sold back in those days. I got out right before it all
- 3:24melted down, but it was still at this.
- 3:26It was crazy. The early 2 like that.
- 3:28I I it was early 2000s, but you could sell stuff really easily
- 3:34without knowing what the hell you were doing.
- 3:36It was one of those eras where everyone was just spending all
- 3:39kinds of cash. And as when you're, I graduated
- 3:42when I was 21 years old and you know, when you're 21 and
- 3:47everything sells itself, you, you get a really good sense of
- 3:50false confidence of how good you are a salesperson and how easy
- 3:53the whole profession is. And then, then 2 1/2 years later
- 3:58or so, actually, I moved to a different job.
- 4:00I got, you know, got got a promotion raise during that
- 4:03whole process because I was so good.
- 4:06And then all of a sudden when like the bubble burst and all of
- 4:08a sudden noise by anything you realize I didn't know what the
- 4:11hell I was doing. It was all just luck and
- 4:13circumstance. So to answer your question as I
- 4:16ramble through this. Well, just for context for those
- 4:19younger folks listening, there was, yeah, there's a lot of
- 4:22spending in tech leading up to the year 2000.
- 4:24The Internet was becoming a hotter thing.
- 4:26Lots of people worried about Y2K, the tech issues that might
- 4:31occur. You know, when computers rolled
- 4:33over from 1999 to 2000 because they weren't set up for that.
- 4:37At any rate, lots of big spending.
- 4:38And then right after Y2K, people stopped spending.the.com bubble
- 4:43burst. And so, so did your bubble
- 4:46burst. I was able to write that ride
- 4:47that to like 2002. So it kept going from pretty
- 4:51well there. So but yeah, after, you know, 2
- 4:53or 2 1/2 or so years, you know, all of a sudden like the, the
- 4:56company I was with after that, Akamai, a great company still by
- 4:59the way, they laid off half their sales force.
- 5:03Their whole business was based on delivering, making websites
- 5:06at that point in time, making websites deliver faster because
- 5:09that was the thing people like if your website took too long to
- 5:12load. But this is how all that far
- 5:13we're going anyways. Yeah, I I lost that job and then
- 5:17things got real tough because no one was hiring anything.
- 5:20And if people think that like the current like the 2020, the
- 5:232023 and current market, all things kind of down for not even
- 5:26in the realm or ballpark of how bad the market was like back
- 5:30then. Like the only thing comparable I
- 5:31think was like the financial crisis, like COVID bounced back
- 5:34quickly. So like naturally that was a
- 5:36market where like a lot of people lost their their jobs.
- 5:39Probably the biggest thing like in 2020, but it was, it was
- 5:42followed immediately by the biggest hiring market.
- 5:44Whereas like this early 2000s, like it took a while for tech
- 5:47specifically to come back. Like they were out of work tech
- 5:50people for people who couldn't get a role for a couple of years
- 5:53now I was just a sales guy. So what do I do?
- 5:56I 'cause I think you're renewal across how I got into recruiting
- 5:59here I am probably talking about this 5 minutes already.
- 6:03That was the, the main dissatisfaction I had in tech
- 6:07sales was that like you can sell stuff that just doesn't work.
- 6:13That's still the case. Now you can sell, you can be
- 6:15good at sales or good at what you do, but if you're at a
- 6:18crappy company that has bad software, like you're kind of
- 6:21stuck with that. What I liked about recruiting,
- 6:25it's not for the fact that it was easy to get a job in at that
- 6:27point in time because anyone want to take a shot at you
- 6:28because I didn't pay much, is that you do your own
- 6:32fulfillment. You're, you know, if you have a
- 6:34client needs to hire and they need somebody, it's up to you to
- 6:36find someone that's going to fit that.
- 6:38And either you're good at that or you're bad at that.
- 6:40But it really kind of like there's challenges with like
- 6:42you, you can't, you know, you can't make people accept you're
- 6:45but if you're, if you're good at what you do, you're good at
- 6:47finding matches, like over time, you're going to be more
- 6:49successful to people who aren't. So it's very much once you're, I
- 6:53knew that once you're experienced at it, once you're
- 6:55good at it. Like it's, it's career security,
- 6:58if that makes sense. You know, if you know how to
- 7:00find clients, you know how to find the people that they need.
- 7:02You don't have to rely on someone else building a widget
- 7:05that's any good for you to sell it.
- 7:06You know what I mean? So that's what I, that's kind of
- 7:09why I got into it, but also I kind of fell into it because the
- 7:11economy sucked. It was kind of the job I.
- 7:13Got it was kind of a, you kind of have a, a supply demand thing
- 7:16where you're controlling a little bit of both sides of it,
- 7:18which is an opportunity and also a challenge, right?
- 7:21Because you've got to sell to different groups.
- 7:23You've got to sell to the employer who's looking for
- 7:25somebody to convince them that you're the right person to bring
- 7:27them a solution. Then you've got to sell to the
- 7:31contractor, the employee that you're going to bring into that
- 7:33situation. Correct.
- 7:35Yes. So, OK, so you get in the
- 7:38staffing industry and how did you find your way to hire?
- 7:41Well. Like anyone who's in a their
- 7:47first recruiting job, your first recruiting job typically always
- 7:50sucks. I don't I I can count on one
- 7:52hand how many people I worked I've worked with or known in
- 7:55recruiting where the first company they went for was
- 7:58awesome. It's a very old school industry
- 8:01where it's a lot of pound the phone. 100 calls a day, at least
- 8:06calls back in those days, a lot of micromanagement, a lot of old
- 8:11school sales bullpens, pay isn't great.
- 8:14It's just that's, that was my first job.
- 8:16You have to get in somewhere, right?
- 8:19So, but after a year of like learning how to do it, I knew, I
- 8:21knew I was good at or could be good at it, but I just knew I, I
- 8:24wasn't in the right place. And that was when I, I kind of
- 8:27reached out to different contacts and trying to find like
- 8:29talking to companies and people I know who are user recruiters,
- 8:31like who are the good firms you work with, you know, And so the
- 8:36current firm, it wasn't called Hirewell at the time.
- 8:38We were at some point in time, but I had multiple contacts like
- 8:42refer me to people at Hirewell. And it was a small firm at the
- 8:46time. There's only four people, but
- 8:47you know, at that point in time. So I just had conversations with
- 8:51with Matt, who's the founder and our CEO and one other gentleman
- 8:56and kind of hit it off, you know, so it was one of those
- 8:58things where they were looking to grow.
- 8:59They were small, just kind of getting started.
- 9:00Like I said, like when I, it was like 4 people when I joined, but
- 9:03I knew there, I knew it was just the right crowd of people
- 9:06compared to like having the previous year have been at the
- 9:08wrong crowd of people. You know, I knew it was a good,
- 9:11it was worth like taking a swing at so.
- 9:13So if that first experience in a staffing firm was so
- 9:17distasteful, so unpleasant, why did you feel like, oh, I could
- 9:21be good at this? This is something I want to
- 9:23continue doing. I mean, it's just, it's just
- 9:28because just because you don't like the people you work with
- 9:31and they're awful, doesn't mean like the whole industry sucks.
- 9:34So. Gotcha.
- 9:35You can recognize like, I think I could do better somewhere
- 9:37else, you know, where I think I know how to feel like I'm
- 9:40smarter than these people. You could filter out all the
- 9:43noise, the micromanagement that was going on around you and the
- 9:46times that you were able to just do your work and focus on that.
- 9:50You were like, yeah, I'm good at this.
- 9:51I got a knack for it. And I, I guess that's another
- 9:54thing I'd point out too about the industry.
- 9:55And one of the, the challenges of it is there's, there are a
- 9:58lot of people who I think are so turned off by their first role
- 10:04in recruiting that they never come back to it.
- 10:06And it is kind of heartbreaking to see people that like I've,
- 10:09that are smart, that are capable, that I know, like
- 10:11they're just in a better work with a better crowd, work with a
- 10:15better organization that they could have had a good career.
- 10:17But like there is something to it where like you just, you
- 10:20know, you just have a bad experience and you just, it
- 10:22turns you off to it. And I'm sure it's not just
- 10:24recruiting. It's like there's a lot of
- 10:25fields like that. You know, you have one job.
- 10:26It's so bad. You realize, like you want to
- 10:28change your entire career as opposed to like, Hey, I just
- 10:30need to work with a different place, so.
- 10:32What personality traits do you think make an effective
- 10:35recruiter? I, I think that you, there's,
- 10:42I've known a lot of different recruiters that have different
- 10:46traits and been successful. So personality wise it, I think
- 10:50it can be all over the map. The ones that I think are
- 10:54universal, like you, you have to have some level of perseverance
- 10:58and be able to deal with frustration because especially
- 11:00early, you're not going to be good at it.
- 11:03You have to be OK with being in uncomfortable situations like
- 11:07you're especially when you're getting started, but really at
- 11:09any point, like you're talking to people about like the most
- 11:14important thing and they're one of the three most important
- 11:16things in their lives, like their job.
- 11:17And you're really digging it and like, and you don't do their
- 11:19job. So you don't know it as well as
- 11:21they do. But you have to be confident
- 11:22that you're asking the right questions and carry yourself in
- 11:25a way where they feel comfortable opening up to you.
- 11:27And they feel comfortable that like, OK, this is someone who I
- 11:30should open up to because they, they know what they're doing and
- 11:33they're going to help me out right now, that being said, the,
- 11:36the recruiting, especially when you're an agency recruiting
- 11:39externally, like I did, like the, your real client is not a
- 11:41job seeker. Your real client is like
- 11:43helping, looking to hire. So you also have to be polished
- 11:46enough and trustworthy enough from like a, a sales standpoint.
- 11:50So people who are, and here's the thing I know a lot of, and
- 11:55if there's a knock on the recruitment industry, there is
- 11:56when I was talking about my first firm a lot.
- 11:58But there's a lot of recruiters out there who aren't trustworthy
- 12:00that are kind of slimy. So I'm not sweeping that under
- 12:05the rug. But I think the people who can
- 12:07be great at it are ones who are good listeners.
- 12:10They're empathetic, they can deal with frustration.
- 12:14They know how to take requirements and from a client
- 12:17and find a good match. They have some sort of selling
- 12:20ability. They might not realize they're
- 12:22sales people, but you have to be able to talk to a client and
- 12:24carry yourself in a way where you're able to convince you're,
- 12:30you're able to help them understand that you're, you know
- 12:32what you're doing. They should take your guidance.
- 12:34The people you're submitting them are, are good and try to,
- 12:37you know, you're not making the ultimate hiring decision.
- 12:41But there's a lot of companies out there that don't know how to
- 12:43hire. So you also don't have to have
- 12:44to be able to influence them in that way too.
- 12:48So I had to I'm. Putting you to sleep.
- 12:50I can tell talking about recruiting is like the most
- 12:54boring thing in the world. I was just digging for my next
- 12:58question here because I, I checked out your LinkedIn
- 13:01profile, you know, as part of my my research and I see that you
- 13:09list a job there that says obligatory failed start up,
- 13:13which is not the way most people frame those things.
- 13:17Yeah, I I appreciate you remember.
- 13:19The name of that place? Yeah, no, that was between.
- 13:21That was the the year, 2 year period between Akamai, my first
- 13:26recruiting job, just had a friend who was trying to start
- 13:28some stuff out, you know, and I was trying to help him out with
- 13:30that and didn't go anywhere. So that's.
- 13:34Yeah, but most people would take that and they would still fluff
- 13:37it up. And you know, I was the
- 13:39executive director of, you know, growth for this startup that.
- 13:45Someplace. Leveraged synergies of, you
- 13:48know, like throwing in a whole bunch of buzzwords, but all of
- 13:51your LinkedIn experiences have very brief descriptions like you
- 13:55cut right through the corporate speak.
- 13:57They, you know, like there's your job at Akamai Technologies,
- 14:01which you said was a great company.
- 14:05And, and in fact, what you said in, in your LinkedIn profile
- 14:08here is great company period. I did sales, period. 5 words you
- 14:15know, 5 words that and that. Just sums it up.
- 14:18You know? I believe that writing is
- 14:21important and saying as few words as possible is an
- 14:23effective way of getting your point across so.
- 14:26You must have been a journalism major back in college.
- 14:29No, I was not typing up. Your language no I.
- 14:31Do a lot of write I don't even know if this is on there maybe,
- 14:34but if we want to go completely up tangent so I I have been we
- 14:39maybe we're jumping forward here.
- 14:41I write a lot. I, it's one of our biggest
- 14:44drivers if we want to Fast forward 1520 years has been how
- 14:48we have used content to really kind of elevate our profile and
- 14:53articulate what it is we do and attract talent and other kind of
- 14:56things. And I think part of that is like
- 14:59I, I wrote a kind of a comedic blog like 10-15 years ago and
- 15:04that was kind of unrelated to this.
- 15:06And then when content marketing started picking up, we're
- 15:10definitely kind of flying way forward in time, we can come
- 15:12back to this topic if you want. I, I recognize that a lot of the
- 15:20principles of like you have to be able to organize your
- 15:22thoughts, you have to be able to articulate what your kind of
- 15:25vision and value is and you have to be able to talk about.
- 15:32I think just I don't ever want to be like an industry expert
- 15:37guru by saying kind of the most trite things that this is what
- 15:41you see on LinkedIn all the time.
- 15:42Like all these so-called business leaders, they just, you
- 15:45know, it's a lot of fluff. It's a lot of things that people
- 15:48already know, you know, but I do think there's a lot of value in
- 15:51like trying to find like what we're seeing in real time and,
- 15:54and what's happening and try to break things down to more
- 15:56digestible level and help people solve everyday problems.
- 15:59Like anytime a client of ours has a challenge, we see other
- 16:02challenges out there how we help solve that just like talk openly
- 16:06about how we would go about kind of fixing these issues and that
- 16:09hopefully attracts people to work with us.
- 16:11But to your point about writing, but my blog is a lot of that,
- 16:16not just my, but other people at our company that kind of went
- 16:19down the the content rabbit hole like how we can kind of talk
- 16:22about like our excretion in the industry as part of that.
- 16:25And more recently I got into creative writing.
- 16:27So I've actually had like unrelated to anything, you know,
- 16:30business focused, I actually had five fiction stories published
- 16:33this year. So I just I, I believe pretty
- 16:36strongly in the the the power and need to be able to use the
- 16:40written word to develop the spoken word to flush out your
- 16:43thoughts, to kind of become, you know, better articulating not
- 16:46just your message for yourself, your company, but then talking
- 16:49here on this podcast. I wouldn't be able to talk about
- 16:51anything you want to talk about if I wasn't didn't already have
- 16:54it organized my mind because I wrote it down at some point in
- 16:56time. So writing is a way for you to
- 16:59process and organize your thoughts and then that allows
- 17:02you to speak more clearly about it.
- 17:04Correct. And also helps you point out
- 17:06like what you missed, you know, I think a lot of stuff you see
- 17:08up when people have half baked ideas, it's because they never
- 17:10took went through that process of organizing stuff to realize
- 17:13where the gaps were. So anyways.
- 17:15And so you said content's been a big driver for hire Well, so the
- 17:19content goes up on the Hire well blog and it's good for SEO or
- 17:24how else are you guys using the content?
- 17:26Going back in time, I can tell the, I realized kind of I've
- 17:29flushed one over this quickly, but like the whole story with
- 17:32content was in 2015, we launched our marketing recruiting
- 17:37practice because at that point in time, like digital marketing
- 17:39became like a really big thing all of a sudden overnight.
- 17:42So all your social media SEO, like a lot of these kind of
- 17:47functions, content and everything else, they existed,
- 17:49but they were very much like a agencies did it and maybe native
- 17:56web firms did it, but like your brick and mortar shops weren't
- 17:59doing anything digital. But then all of a sudden
- 18:01overnight they did all of a sudden, like every company
- 18:03started building these teams out.
- 18:05And so like I had a meeting with a real estate company and need
- 18:08to hire 30 digital marketers and they're like, and The thing is,
- 18:11at this point in time, I didn't even know if there were any
- 18:13firms that did marketing recruiting, not that I knew of,
- 18:15right? I just, it wasn't like a, it
- 18:17wasn't big enough, you know, to be like a market.
- 18:19That's surprising. It would have been minimal
- 18:21'cause there, there wasn't that much hiring.
- 18:22If they did it, it's 'cause they did other things too.
- 18:24And they can also help you with your marketing hire, you know,
- 18:26not because like they specialized in it.
- 18:29But then we saw we had a client that need to hire 30 people and
- 18:33we're like, sure, we can do that.
- 18:34And no, we hadn't done that, but we helped them hire 30 people.
- 18:38Like he figured out pretty quick.
- 18:39And then we had three or four other clients within 18 months
- 18:42that were doing similar build outs right now, fast forwarding
- 18:45to why we're doing it after placing a few 100 digital
- 18:49marketers and marketing leaders doing all these new fangled
- 18:52things that brick and mortar traditional firms didn't do
- 18:54before. And so I'm like, why aren't we
- 18:55doing this? Like if everyone else is
- 18:58figuring this out, like why aren't we?
- 18:59And then we hired a digital strategist, which was just OK.
- 19:02But then we realized I, I was speaking at a so we started like
- 19:07blogging and, and doing kind of the basic stuff.
- 19:10No one reads blogs. It was like, you know, you write
- 19:12something, it gets like 50 views or something.
- 19:14Nobody cares. I got asked to speak at a
- 19:18American Marketing Association conference for job speakers.
- 19:21And this is like a small 50 to 60 person event and they're like
- 19:25help, hey, can you help promote it?
- 19:27And I'm like, sure. So I just, this is like right
- 19:28when LinkedIn started doing video 'cause they didn't do
- 19:31video. Like, so I just like pick up my
- 19:33phone, do a selfie and that, you know, just talk about the event
- 19:38for 30 seconds and that got like 10,000 views.
- 19:41And then I realized, OK, we need to throw the entire playbook
- 19:43out. Like we need to go down the Gary
- 19:45Vee rabbit hole of let's like do long form.
- 19:47We're doing what we're doing right now, like do a, do a
- 19:49podcast, record it, cut the clips out, but which then took
- 19:53us further down the path of, OK, what are we going to talk about?
- 19:55Like what insights do we have? So now we actually have a, a
- 19:58meeting every other week. We talk about just internally an
- 20:01organization, OK, what are our clients struggling with?
- 20:03What are the new trends we're seeing?
- 20:05Why aren't hires happening? Whatever, just anytime someone
- 20:08asks you a question, they don't know the answer to whatever that
- 20:10answer is. It's probably something other
- 20:12people don't know. How do we turn that in something
- 20:14we want to address? So that's where that's kind of
- 20:17where we went. And I, The thing is, I talk, I
- 20:19can talk about content, so I'm blue in the face, but this is
- 20:23not what we sell to other people.
- 20:24This is just kind of how we've managed to run and grow our
- 20:26business. And when we doubled in size
- 20:30between, you know, years 2000 and I'm sorry, between 2020 and
- 20:352020, two, 60% of the people we hired heard of us because they
- 20:41saw our LinkedIn content. It was all like inbound.
- 20:44So that fuel, cause in a services based organization, the
- 20:48more people you have, the more revenue you can make 'cause it's
- 20:50a directly attributable, you know, billable hours, that kind
- 20:52of thing, whatever your model is.
- 20:54But like, that's what really fueled our growth is being able
- 20:57to attract people to work with us just because we talk about
- 20:59things people want to hear about, and no one else in our
- 21:01industry really does that. So is it equally helpful on
- 21:07hiring the employees as well as attracting your core clients,
- 21:11the employers or is it? That was the other, that was The
- 21:14thing is I, I guess I skipped that too.
- 21:16Originally I thought we're going to do a bunch of content, we're
- 21:17going to get a ton of inbound traffic.
- 21:19Now we did, we do get inbound traffic from it, but the the two
- 21:23bigger things were one, being able to attract employees, but
- 21:252. Staying in touch with existing
- 21:30people I already know without having to do 1 to one outreach
- 21:34every single time. Like last year I got, I got an
- 21:38old contact who I hadn't talked to in 10 years, reach back out
- 21:42to me and, and say, Hey, I've been following everything you're
- 21:45doing and we have to hire here. Can you help me out?
- 21:47You know, had I and there's been plenty of cases of that.
- 21:49So it's an easier way of staying top of mind with people because
- 21:53I think, and that's the toughest thing in any kind of sales where
- 21:56we have a lot of competition. So do a lot of other, you
- 21:58probably do too. People have lots of options.
- 22:01How do you stay top of mind with everyone all the time?
- 22:04Because that's how most businesses lost is people, you
- 22:07know, Some of my best contacts probably know five other
- 22:09recruiters. How am I the one they decided to
- 22:11kind of follow up with that day? It's because I was in their
- 22:13LinkedIn feed. They sing me all the time, that
- 22:15kind of thing. OK.
- 22:18So I'm curious when you were first starting in digital
- 22:21marketing recruiting when there not a lot of people were doing
- 22:25digital marketing. So that suggests to me that
- 22:28there weren't a lot of people who had experience in that.
- 22:31Was it a struggle finding folks to place?
- 22:34Were you having to find folks, folks that maybe had tangential
- 22:38experience like? No, I don't it, it was, I don't
- 22:40actually. It wasn't that hard because
- 22:42there were a lot of people that did it in agency environments.
- 22:45And I think, I think it's still the commonality like most people
- 22:50that might work in agencies eventually want to go internal.
- 22:52So that was the difference is those new clients I was talking
- 22:55about, they were all like internal companies hiring for
- 22:57their team. And I think at that point in
- 22:59time, there are plenty of people who are working, doing digital
- 23:01app agencies that were happy to try to find new things that were
- 23:05like internal roles. Just the work life balance
- 23:07typically is better. So.
- 23:09So James, I want to ask some questions to better understand
- 23:13the higher well process and what makes you guys unique.
- 23:15But before we get there, I want to ask you about the time that
- 23:19you had cancer. Just lay it out there just
- 23:23before the yeah, before the show.
- 23:25What were you saying is I like to ask everyone something, you
- 23:28know, something personal, like a struggle they had in their life.
- 23:30And I'm just like, I like to think that my life is just
- 23:33peachy keen. I did have cancer once.
- 23:34I forgot about that. You know, that was actually the
- 23:37route. At the same time, we kind of did
- 23:38all this, this start of the marketing thing.
- 23:40So that was like 2015. And yeah, yeah, it was a big
- 23:44year, actually, one of the biggest years of my career when
- 23:47I was having cancer. Yeah.
- 23:50So I got cancer. I did chemo, I finished it.
- 23:53That was it. I mean, it's a pretty.
- 23:56You're gonna have to give us more than that.
- 23:57You can't. No, you can't treat this the
- 23:59same way you do your LinkedIn page.
- 24:00Yeah, but that I actually did post about this on LinkedIn.
- 24:03It's actually a hysterically funny, funny video.
- 24:05I have 7 tips on how to do chemotherapy and actually kind
- 24:08of go through all of it because this is like four or five years
- 24:10later. People are like, that's the
- 24:12first time I laughed. Like hearing about cancer.
- 24:14No, you know, it's like for me, it was like my mom was a cancer
- 24:19survivor for like 20 years and she had ovarian cancer.
- 24:23So which is, which is not a good one, you know, but she got
- 24:26through it and last a long time. So the harder part I think was
- 24:30so when I got diagnosed, it was pretty quick.
- 24:34I ended up kind of going right into chemo and maybe the progno,
- 24:37honestly, it's because the prognosis was good.
- 24:39It wasn't one of those ones where it's like they were pretty
- 24:41sure that you're, you'll get through this.
- 24:43You know, you just have to come in and do the work and do chemo.
- 24:45That's why I can laugh because even at the time it was like, I
- 24:47really wasn't afraid as much as I like everyone is for the first
- 24:51like, you know, few days, but then when you start like
- 24:53reading, like, oh, this is fine. I had to do 9 weeks of chemo.
- 24:59But the other thing is like the drugs they give you, depending
- 25:01on what you're doing, the type you have and the, the drugs they
- 25:04give you for like your experience can be completely
- 25:06different. There's like 140 different types
- 25:07of cancer. They're all different.
- 25:09They're all different. Like like 1 is no different than
- 25:12is very different than the other.
- 25:14But mine was I, I, I can joke about it because it was like, it
- 25:17was literally like, you know, 9 weeks and done.
- 25:22In fact, I can the the drugs to counteract it were so good.
- 25:26Like I never threw up once. I mean, I was, I was kind of a
- 25:31being a bitch the whole time. Like you're definitely like on
- 25:33you're you're in a foul mood most of the time, which but I am
- 25:36exam. But I, I still worked out four
- 25:39days a week because it actually helped.
- 25:40And you know, I hit a when it was all over a four weeks later
- 25:45I hit my I lift. You can't tell I'd lift a lot.
- 25:49I hit a 490 LB squat in the gym was APR.
- 25:52So you know, didn't didn't crush me physically either.
- 25:55But what did change to your point to tying this all back to
- 25:59something positive or something use it did make me not want to
- 26:04do shit I just don't want to do anymore.
- 26:06Like I would say, like I did have the what if, if I'm not
- 26:10being arrogant about getting through chemo, it's that I life
- 26:15is too short to like do just to put up with bullshit you don't
- 26:18feel like putting up with anymore.
- 26:19Like that was kind of the the one big change I think I had.
- 26:23And I'm not saying this about the industry, but like I had
- 26:26done tech recruiting for 10 years at that point.
- 26:29I was good at it, but I just got burned out on it.
- 26:32And I think everyone gets burned out on like a lot of people.
- 26:35Two types of people leave recruiting people who like have
- 26:38a bad experience right away. And the people that did it for a
- 26:41decade and they're just like, God, I gotta do something else.
- 26:43I'm having the same conversations over and over
- 26:45again. People are pain in the butt to
- 26:46deal with. Like everyone hits that point
- 26:48too. And for me it was just, it was
- 26:50getting into a different field of it.
- 26:52So love tech people. They can be difficult to work
- 26:55with. Marketers were just completely
- 26:58different. Like you're having business
- 26:59conversations instead of like tech conversations.
- 27:01You're asking about challenges they solve.
- 27:02You're learning. I learned how to apply to my own
- 27:05business. You know what I mean?
- 27:05It was like a completely different like breath of fresh
- 27:08air. So but yeah, those two things
- 27:11kind of happening at the same time because, you know, had the
- 27:14cancer thing not happened, I might have been like, I don't
- 27:16know if I want to start this out because I'm doing good.
- 27:17This other area, like I might have totally chumped out and be
- 27:20like, I just want to stay where I'm like set in my ways and I
- 27:23kind of where I'm comfortable, but I'm just like, you know
- 27:25what, fuck it, let's just do something new.
- 27:28Sick of doing this? And so I'm curious, did that,
- 27:31that revelation come in slowly as you're going through the
- 27:34chemo or was it like pretty quickly, like once you got the
- 27:37diagnosis? Pretty quick, yeah, I think,
- 27:40yeah. There was a pretty big
- 27:42perspective change. Happened pretty fast.
- 27:44Maybe, yeah, probably the first. Maybe round one of chemo, which
- 27:49will make another joke. The first day was the worst.
- 27:52They didn't tell me this, that they also dosed me with Benadryl
- 27:55in case I had an allergic reaction.
- 27:56So like I I came out of that first day being like, oh shit, I
- 28:00got to do 9 weeks of this. And then I realized the next
- 28:02day, I know that that foggy unable comprehend what was going
- 28:06on, like out of it feeling that was actually just the Benadryl.
- 28:09So and it was like a high dose. But no, that first week was very
- 28:15much like, yeah, I'm not putting up on anything.
- 28:19I don't want to do anymore time to make a change so.
- 28:22Did you see that permeate into other parts of your life outside
- 28:25of work that this sort of this new idea of I don't want to do
- 28:30things I don't want to do? I don't know, maybe I don't
- 28:39think I, I don't think I ever did stuff outside of work I
- 28:41didn't want to do anyway. So that was like, you know.
- 28:44You're already a pretty free spirit outside of.
- 28:46That yeah, that's work. I mean, I have a lot of hobbies
- 28:48I outside of work, they're unrelated.
- 28:51I, I do think it's very important to be well-rounded.
- 28:53And I always have, you know, so like I, I had already been doing
- 28:56some writing at that point. So like, for me, like outside of
- 28:58work, like I, I lift weights and swim and stay in shape.
- 29:02I taught myself how to trade financial derivatives.
- 29:05So like I manage my own finances with like futures and options
- 29:08and I do creative writing. So those are three completely
- 29:11different, like unrelated things.
- 29:13So I, I, I stay happy kind of having, you know, different, the
- 29:19creative aspect, the nerdy analytical aspect, and then just
- 29:22like making sure keep taking care of myself aspect.
- 29:26But for me that's, I think outside of like friends and
- 29:29family, like those are the things I do that I get excited
- 29:31for. That's my life.
- 29:32And I don't, I don't think I ever got in a trap where outside
- 29:36of work, I was ever doing shit. I didn't want to do it.
- 29:38So. Fair enough.
- 29:39OK, let's transition back to talking about what makes the
- 29:43higher well process different from competitors.
- 29:46What is it that you guys are doing that other folks can't do?
- 29:51So the groundwork on this is the way I I define what our firm
- 29:55does is we place leaders and we help them build their teams.
- 29:58That's like the high level quick talking point view.
- 30:03The thing that makes us different from a delivery
- 30:05standpoint, which is the basis of all this, is that we spent
- 30:10the last 20 years building out and hiring experts in different
- 30:13areas of recruiting. So we have executive recruiting
- 30:17experts, we have tech recruiting experts, We have sales and
- 30:20marketing, finance and accounting, HR, operations and
- 30:24even industrial. So we have people in those
- 30:26spaces that are like, I was a tech recruiter, then I became a
- 30:29marketing recruiter. So like we actually have people
- 30:31who kind of know all those areas cold.
- 30:33So we're able to work with a company, you know, companies
- 30:37need to hire all these different areas.
- 30:38They're probably sick of working with 10 different firms because
- 30:41they need one for each we actually have.
- 30:42So they can work with us and know they can get coverage on
- 30:45all these kind of areas they work with.
- 30:47But the thing beyond that that we do, it's different that we
- 30:50can do executive recruiting, we can do your any individual
- 30:52search we need to do, we can do fine contractors, but it's
- 30:55really our solutioning. We can do RPO recruitment
- 30:59process or outsourcing style projects, whether they're short
- 31:04term, long term company comes to us and they need to make 50
- 31:07hires, 100 hires, 10 hires, you know, whatever it is.
- 31:11We can do a custom built to fit solution for them that will
- 31:16ensure they get the people they need on time.
- 31:18Just make sure it's in a budget that's going to make sense.
- 31:21It's accounting for that kind of extra volume where they have one
- 31:24centralized person kind of managing all this for them who
- 31:26then manages our team internally.
- 31:29That's the big difference. There's very, I don't want to
- 31:33say the word with the very few firms that do that type of work
- 31:36at that type of scale, especially in kind of we I'd say
- 31:38we operate mostly kind of mid markets.
- 31:41Most recruiting firms have one or two specialty areas.
- 31:44They do, they do search and they do contracting one of the other,
- 31:48you know, but the solution aspect and the volume aspect and
- 31:51our ability to handle that especially across different
- 31:54competency areas is, is probably the biggest differentiator we
- 31:57have. So the benefit to kind of sum it
- 32:01up, one of the benefits of working with Hirewell is rather
- 32:04than needing to work with 810 different companies because you
- 32:08need hires in these different specialty verticals, they can
- 32:12work with one umbrella, they can work with Hirewell and you guys
- 32:15have those individual expertise in house on staff.
- 32:19Correct. And we can also price in a way
- 32:21that makes because the traditional model that every HR
- 32:25person knows well, they like I can either pay through the nose
- 32:27for individual searches through an agency or I can hire an
- 32:30internal town acquisition person.
- 32:32But there's all this space in between where we can play where
- 32:35we can, we can scale up and down faster than one internal
- 32:38recruiter can do. And we can reduce the like
- 32:41recruiting expenses like you're trying to hire each position on
- 32:44a one off cost. We can volume package in a way
- 32:47where it's going to save you money versus that, that type of
- 32:49solution that's kind of, and we can every one of these things is
- 32:52going to depend on what our client's needs are, how many
- 32:54hires, what time frame they need them in, you know, whatever.
- 32:57But we're we're willing to kind of take on that type of work and
- 33:00and figure it out and make sure there's it's a it's a better fit
- 33:04for our client than either the other posing traditional
- 33:07solutions. So would you traditionally apply
- 33:09a different pricing model if somebody is hiring one person
- 33:13versus we need help hiring for the next six months because you
- 33:17can place basically place somebody on their staff for six
- 33:20months and that's sort of a different model than?
- 33:22Yes, anytime you're talking volume and it's always, it's
- 33:26always cost, 'cause you know, it's, it's always price to fit
- 33:28and it's always going to be more advantageous for me to do it
- 33:30that way. James, how would you describe
- 33:33your ideal client, whether it's, I don't know, geography,
- 33:36industry, employee size, revenue size?
- 33:41They have money and they need to hire.
- 33:44No, they got a, they got a bank account.
- 33:46Yeah, exactly. No, I would say that I do a
- 33:48client for us and I, I have to, I, I want to kind of lay this
- 33:52out there. We're, we're nationwide, half
- 33:54our employees at this point are remote.
- 33:56During the pandemic, we went kind of all in on, you know,
- 33:59kind of remote work. It's, it's helped us kind of
- 34:00scale, helped us attract great people.
- 34:02There's a lot of locations of the country where there's great
- 34:05recruiters, but not necessarily great firms to work for.
- 34:06But I, I say the Chicago thing is important because Chicago has
- 34:10the most diverse business community and by industry in the
- 34:14entire country. So we have experience working
- 34:17with SAS startups and marketing agencies and non profits and
- 34:21banks and manufacturing firms like, oh, like you name it, Like
- 34:24we have work with them because being chicago-based, like all
- 34:27these different insurance companies and pharma companies,
- 34:29they all exist here. So we, we have good success
- 34:34stories in most industries that are out there.
- 34:37I would say our ideal client is, is a place though where we we're
- 34:40dealing with founders or forward thinking hiring managers or HR
- 34:47people that, that want a true partner that can help build them
- 34:50a solution. Now a lot of times it's, it's a
- 34:52lot of mid markets. It could be a lot of SAS or
- 34:57software start-ups like Series A, Series B, Series C, tons of
- 35:00those type of places, a lot of marketing agencies or just any
- 35:05place that is I like working with clients where people like
- 35:10working there. Not every company falls into
- 35:13that bucket. So I like, I like making money
- 35:16with. Happy people.
- 35:17I like working with the happy people that like working with us
- 35:21I guess is kind of the easy way of saying it.
- 35:22So, but yeah, we can, we, I, I think the challenge that we have
- 35:28from a sales standpoint is like, I can be kind of really open
- 35:31about this. Recruiting is all about knowing
- 35:33how to recruit a skill set. Can you, you know, how to
- 35:36recruit an accountant? Do you know how to recruit a
- 35:38marketer? What industry they come, But
- 35:41buyers usually think of things in terms of their industry, you
- 35:43know, like I need someone who knows how to recruit in my
- 35:47industry specifically. But like part of recruiting a
- 35:49recruiter is understanding what industry they work in, why
- 35:52that's applicable to what they're doing.
- 35:53So, but how so our, our, our challenge and our, our, our
- 35:58business challenge. And one of the things we've
- 35:59gotten better and better at is phrasing things in a client's
- 36:02terms. They they feel comfortable that
- 36:04we know their industry cold, even though it really is more
- 36:07about the skill set from a realistic standpoint.
- 36:10Like we if you know how to recruit a certain skill set like
- 36:12the industry's kind of secondary.
- 36:15Gotcha. So Mr. Chief Growth Officer,
- 36:17where do you see the company growing?
- 36:20Where where do you guys take this?
- 36:25It's a good question. Things have gotten.
- 36:29I think that from a service standpoint like our big push is
- 36:33definitely the more of the solution type sales, larger
- 36:35engagements, RPO type solutions, whether they're a fixed cost
- 36:37model or that's it's some sort of hybrid model where we have
- 36:40all people from teams working together.
- 36:42Sorry, what is RPO? Recruitment process outsourcing
- 36:45if you're HR dorks out there. Love you guys.
- 36:48They know what that means but any like we always want to go
- 36:51towards that's this means larger business where we're kind of
- 36:54getting more exclusivity and we're actually getting embedded
- 36:56with our clients. We're actually doing not just
- 36:58finding people, but we're actually, you know, we've got
- 37:01their e-mail address and calendar working directly with
- 37:03the hiring managers. We're, you know creating the job
- 37:05descriptions. We're actually embedded with
- 37:07their actual like hiring plans. So we're part of their team
- 37:09basically. That's what we like that's where
- 37:12we like to play. That's not where we start
- 37:14because most companies they need to start out with just to hire
- 37:16too. But that has, that was huge in
- 37:202021-2022, it dipped. I think 2023 we did like five of
- 37:24those deals, which is not good. We've done, we've signed 15 new
- 37:28clients in that space since May 1st of this year.
- 37:31So that things have come rallying back in 2024 and that's
- 37:34where ourselves, that's where we want to grow.
- 37:37That's where we kind of see ourselves growing.
- 37:40Is that because the industry in general is coming back, the
- 37:43economy is coming back, or you guys are doing something
- 37:46different to attract that business?
- 37:49It's it's, I'd say it's well, both we the industry is
- 37:54absolutely coming back and anytime I see like more fear
- 37:58mongering post on LinkedIn or elsewhere like talking about,
- 38:00well, the job numbers are alive. This isn't happening.
- 38:02You have to realize a LinkedIn, this will get me cancelled with
- 38:04LinkedIn. LinkedIn is it has three people.
- 38:08There's three types of people going on LinkedIn, salespeople,
- 38:11recruiters, and really unhappy job seekers.
- 38:14So 1/3 of your feet at any given time is going to be people
- 38:16bitching about how they can't find a job.
- 38:18And I'm not dunking on job seekers.
- 38:21I totally get it. If you've been frustrated, you
- 38:23have the right to be frustrated. You've been given a raw deal.
- 38:26What I am saying though is of course the amount of people who
- 38:29think the economy sucks are going to be disproportionately
- 38:31represented on LinkedIn because that's where they're going to.
- 38:34Anybody who's really happy with their job isn't going to
- 38:36LinkedIn. They're not there to say like
- 38:38how great things are going. You know what I mean?
- 38:40So I, I guess what I'm just saying is like there's more
- 38:43gloom and doom on LinkedIn that actually exists.
- 38:45So we are seeing things have picked up pretty significantly.
- 38:49We just posted our best two months in the last two years in
- 38:52August and September and October's trend and probably the
- 38:55better than those two still. So things, things are definitely
- 38:59looking up. And then I would say and yes,
- 39:03we're good at kind of selling these solutions.
- 39:05So that's it is partially us as well too.
- 39:08It's also partially that not many companies sell these kind
- 39:10of solutions. So it's a little bit more of a
- 39:14what's is it blue ocean, red ocean, I forget how that works.
- 39:17One of those, I think it's. Blue ocean.
- 39:18Yeah, one of those. One of the oceans.
- 39:20Maybe Red Ocean has all the the blood from the sharks.
- 39:24Yeah. Something like that's what it
- 39:25was. So what, in your experience,
- 39:28James, is the biggest mistake that you see companies make in
- 39:32hiring? Good question.
- 39:40The biggest universal mistake, which causes a lot of other
- 39:44mistakes, companies just assume everyone wants to work there and
- 39:50just by having a job opening that they're doing everyone a
- 39:54favor and they just believe that everyone's going to see that
- 39:56we're the best company. Because if you're a, if you're a
- 39:59founder, if you're an executive or or whatever, the company, and
- 40:02this is not slagging on these companies by you're probably
- 40:05super excited about what you do, you're super proud of what you
- 40:08do and you think you're the best of what you do.
- 40:09And you should absolutely should.
- 40:11The problem is, is that you're too close to it and not everyone
- 40:15sees it that way. Like you have to sell job
- 40:18seekers on why they should want to join you.
- 40:20You have to give them a reason why your company is better for
- 40:22them and their career than their current one.
- 40:27And companies spend a lot of time talking, bragging about
- 40:29themselves, saying we've made this list, we're going to change
- 40:33the world. That's great.
- 40:34But what are you doing for the like, that's not selling a job
- 40:37so you could work there. That's the selling maybe why
- 40:39you're a good company, why you should go public, why you're
- 40:42going to do well. But like recognizing that
- 40:45there's a difference between that one, you need to phrase
- 40:48things in job seekers terms, but two, that like you just, you
- 40:51have to sell people to kind of who want to join you.
- 40:54And from there stems a lot of these.
- 40:56It's that's where your bad interview process comes from.
- 40:59Companies think that it's like they don't realize that you have
- 41:02to have you have to be upfront with job seekers about like how
- 41:06many steps are there? Then actually follow through on
- 41:08that. Like they think that's it's OK
- 41:10if we don't get back or if we're figuring it out as we go,
- 41:12because we're so good at the company that they're still going
- 41:14to want to work here. It's not the case.
- 41:16Everyone who's been through a train wreck and interview
- 41:17process, they're like, that's a red flag.
- 41:19People aren't going to want to work there.
- 41:21So that that stems from that. There's there's I would say most
- 41:25problems stem from and again, I don't want to say this note wave
- 41:28me room, but there's a inherent kind of like internal arrogance
- 41:32that is sometimes like we are so good.
- 41:34Everyone's going to see it. We're good post the job will be
- 41:37fine. Never going to want to work
- 41:38here. But the reality is you still
- 41:41have to communicate that to somebody who has no idea who you
- 41:44are. Exactly.
- 41:45Most most people will have no idea who you are.
- 41:47They'll have no idea why you're a good company and where you
- 41:49might. These might be great companies
- 41:50to work for, but if you don't make that clear and put it in
- 41:53their own terms and provide them with a positive experience in
- 41:56the interview process and follow up with them appropriately.
- 41:59And if you're hiring managers and internal recruiters or
- 42:04external recruiters, they aren't on the same page.
- 42:06They're not all telling the same story.
- 42:07They're not all like giving those same point.
- 42:09If it's feels disjointed and everyone's telling you something
- 42:11different as you're a job seeker, that's a big turn off
- 42:14and it takes a lot of intentionality to get that stuff
- 42:16right. So in your experience, James,
- 42:19what are the biggest reasons that employees leave a job?
- 42:24Sucks. The job itself, the pay, the
- 42:27benefits, the the boss, the direct manager.
- 42:31Everyone's got a different opinion on this.
- 42:34I think that it comes down to the bad days outnumber the good
- 42:39days. I I've said this about a lot
- 42:42about why I've stayed 20 years at Hirewell is because
- 42:45recruiting can be a frustrating job inherently.
- 42:49Like it's going to be, you're going to get beaten up because
- 42:51like, you know, just dealing with, you're dealing with people
- 42:54all day and you're dealing with something that's about, but the
- 42:57last thing I want to do is like add a level of frustration.
- 43:01I don't want to, I don't want to add to that, you know, as a
- 43:03manager, you know, and I, I do think it's kind of the same
- 43:06thing too, where there's people who are in environments where
- 43:10negativity is allowed to breed and pessimism is allowed to
- 43:13breed. And especially at the management
- 43:15level, when people aren't kind, they aren't nice, they aren't
- 43:17polite. It because I'm sure whatever the
- 43:20job is, is, is it's work. You know what I mean?
- 43:22It's not easy. It's you're not doing it because
- 43:24it's fun. But when you've got when you're,
- 43:26we've got jerks you're working with on top of that, like who?
- 43:29I think that's the biggest reason pay can be a big one too.
- 43:35You know, if you're people are getting underpaid, but I think
- 43:37if your people are at average pay, I think it's, it's the sure
- 43:41you can. Everyone can always find more
- 43:42money somewhere else. But if they like where they're
- 43:44working, they like who they're working with, it makes their
- 43:47they they can 5:00 comes and they like they're in a good
- 43:50place positively all day. Like people typically don't
- 43:52leave those jobs. They don't start looking till
- 43:54they fearful their job's going to go away or they're just tired
- 43:57of working with Dick heads all day.
- 43:59So what would you say is what? What's the biggest piece of
- 44:02advice you could give to an employer to help retain folks
- 44:05that they want to keep? Don't be.
- 44:08Jerks don't be jerks. I, I think that I don't know if
- 44:14surveys are the best way, but I think that so you have to, you
- 44:23have to, this is where like high EQ and empathy kind of come into
- 44:26it. You have to be able to step
- 44:29outside yourself and understand like what the work experience is
- 44:31for other people at the firm and proactively course correct if
- 44:35you think things are going wrong.
- 44:37So you have to, whether this is one-on-one conversations, being
- 44:41a, a good listener and kind of understanding where, where
- 44:45people might not be happy in the organization, whether it is
- 44:47doing surveys, you know what I mean?
- 44:48And kind of understanding whether it's 360 surveys or
- 44:50whatever and understanding kind of what sentiment is, but
- 44:54proactively making changes for the better.
- 44:58And but similarly, if there's, if your company is going through
- 45:02a hard time, because this is, I think this is another thing that
- 45:04gets lost on LinkedIn, especially like in the 2023
- 45:07downturn when companies are struggling, they're struggling
- 45:11financially, they're just trying to hold on, you know, to where
- 45:13they are. Like you can't fault them for
- 45:15companies about to go out of business.
- 45:17You can't fault them for doing layoffs.
- 45:18You know, like it's either do layoffs, you're out of business,
- 45:20right? That gets lost sometimes.
- 45:22But I do think that being open and transparent about the hard
- 45:27times you're going through, people are more likely to
- 45:31respond, help you come up with solutions or respond to things
- 45:35maybe not going their way if they didn't get the raise they
- 45:37thought they were going to get or other if they have to tighten
- 45:39the budget and you know, I can be able to make the spend they
- 45:41have whatever it is. It's kind of like getting people
- 45:43kind of upset if it's being caused by economic challenges or
- 45:47any other challenge you're having.
- 45:48Just being transparent about those because I think that we we
- 45:54saw a tremendous amount of companies handling the bad stuff
- 45:58badly last year and that turned people off this companies
- 46:01permanently so. Yeah.
- 46:03I had a guest on recently who had a theory that maybe this
- 46:08time around, companies that don't need all of their
- 46:11employees because their businesses have contracted a
- 46:13bit. Or maybe holding on to them a
- 46:15little bit longer than they would have in the past.
- 46:17Just because they've seen how difficult it is to then go back
- 46:21and hire and find, you know, good folks again once things
- 46:24pick back up. I'm curious if you would have
- 46:26any insight or if you've seen anything similar to that.
- 46:33That's, it's hard to say because it's subjective.
- 46:36I'm sure that's happening to an extent.
- 46:38I, I, I feel like a lot of companies cut too deep,
- 46:42honestly. It, it also kind of depends on
- 46:44what they do. So there's a few things
- 46:46happening like the recruitment space.
- 46:49What's different? I'm talking internal recruiters
- 46:50now, not like my area, but people who work internally,
- 46:53companies. It's the only job that is
- 46:58staying in maintenance mode. If, if your, if your company's
- 47:01in maintenance mode and you're a software engineer or salesperson
- 47:04or whatever, like your job's safe as long as they're making
- 47:06money, 'cause if you're in, if the company's in maintenance
- 47:09mode, they're not growing, you're a recruiter.
- 47:11They don't, there's not that you need.
- 47:13If there's not turnover happening or growth happening
- 47:16like that, that's inherently a bad place to be in for a
- 47:18recruiter. It's a very volatile skill set.
- 47:20Unfortunately, if you're an internal recruiter, a lot of
- 47:24recruiters, they've cut very deep.
- 47:27Part of the reason why our solutions business is picking up
- 47:29right now is because everyone already laid off all their
- 47:31internal recruiters. So if every company, a company
- 47:35used to have tenure recruiter, recruiters now has two and all
- 47:37of a sudden their hiring plans tripled.
- 47:38Like they don't have the people they need to do that.
- 47:41So that's why we're getting a lot of business there.
- 47:44Other aspects I, I wouldn't know, I would have a hard time
- 47:50saying across the industry that I would say it's more the norm,
- 47:55even outside of recruitment, because as a position circles,
- 47:57if it's, we're talking sales people everywhere else, I would
- 47:59have a hard time saying companies, you're holding on to
- 48:01people. They shouldn't.
- 48:03The only companies that, because I, I think everyone's experience
- 48:06is there's a lot of layoffs. You know, I think the only the,
- 48:09I think companies might be holding on to people because
- 48:11they, they feel like things are going to bounce back and they're
- 48:14holding on to people because they know they're going to need
- 48:16them as opposed to like laying them off and having to rehire
- 48:18again and going through that whole thing.
- 48:20I think forward thinking companies are planning for, Hey,
- 48:23let's hold on to who we want, who we need as as much as we can
- 48:26because we feel like next year things are going to turn around.
- 48:28I think that happens and I think the companies doing that don't
- 48:31get the credit they deserve. But I couldn't put a number on
- 48:33it. You know, I know some companies
- 48:35do, but to if you were going to tell me like if that's a a
- 48:39rampant, widespread thing, I wouldn't know either way.
- 48:41So the interesting thing that I heard you say is the fact that
- 48:45your solutions side of the business is picking up.
- 48:50It is probably a good indicator that the economy is coming back,
- 48:53right? Like a lot of companies, they
- 48:55cut the recruiting staff because things really slowed down.
- 48:58Like we don't need this many people, you know, helping us
- 49:00find new folks and then very quickly wait, wait, we, we need
- 49:06a lot of help. And, and so they're coming to
- 49:08you because they they can't get those folks on their own.
- 49:11I'm curious what the timeline is that you've seen this.
- 49:14I know it's 2024, but is it like in the last three months, last
- 49:18two months since the Fed raised the rates, is that picked up?
- 49:23I mean the uptake probably started like May 1st, I would
- 49:25say, where we started selling solutions.
- 49:28So over the summer it intensified in, we started
- 49:31seeing a little bit of it May, June and July, but things really
- 49:35exploded in August, September and now.
- 49:40Do you think it has anything to do with the Fed rates?
- 49:42I mean, August people were pretty confident that the rates
- 49:44were going to go up at least 1/4, maybe 1/2 point.
- 49:48I. Heart.
- 49:49How do you say? Yeah.
- 49:50Well, so yes and no. So the no is that I don't think
- 49:53that hiring a lot of time is driven by funding, whether it's
- 49:56VC funding or private equity deals or something like that,
- 49:59like companies have a new initiative they need to hire for
- 50:01it. I don't think that's really
- 50:02uptick that much yet. I don't think 1/2 a point cut
- 50:05into rates like in the VC space, everyone's like, all right, take
- 50:08our money out of T-bills and like throw it into the like the
- 50:10I don't it's not, it wasn't a dramatic enough cut for that to
- 50:13happen. But I do think seeing, I do
- 50:15think there's a lot of companies out there that had money on the
- 50:18sideline projects on hold that we're just waiting to see, OK,
- 50:21is this reel? Is this going to happen before
- 50:23we kind of go back to like, OK, it's time to start growing
- 50:26again? I also think that part of it too
- 50:29that gets overlooked is that's companies have to start growing
- 50:34again. Like every company either has
- 50:36either have invest, you're publicly traded, you have
- 50:38investors or you have a founder and business.
- 50:41And literally no one wants to say, hey, next year we're going
- 50:43to do the exact same thing we did this year.
- 50:45Like at some point, like it's, you know, it, we've had 18
- 50:48months, 24 months of like stagnant or contraction.
- 50:51At some point, everyone's like got to do it now, like can't
- 50:54wait anymore, it's time to go back.
- 50:56I do think there's a certain, like it's not really herd
- 50:58mentality, but there's enough companies that are fine, like
- 51:00all right, time to stop making excuses.
- 51:03We just got to get back to trying to grow the business.
- 51:05Tired. Of sitting on our hands and I
- 51:07think I think a lot of it is just that like you can't you
- 51:10can't go on contracting or staying stagnant long enough At
- 51:13some point everyone just there's enough people that just decided
- 51:16it's time to start moving again. And I do think the Fed rate was
- 51:19maybe the indicator that that OK, now's the time, but I don't
- 51:22think the half point rate by itself was like, oh, things are
- 51:24totally different now, so. Interesting perspective James,
- 51:28any specific books or mentors that have been helpful for you?
- 51:34Books. Or mentors I really.
- 51:37Like, well, I would say we're a podcast, but you've already said
- 51:39you don't listen to any podcast. Listen to I don't even listen to
- 51:43my podcast, so like you probably even.
- 51:45Listen. To this one, tell me how this
- 51:47went because I'll watch the clip you sent me to share on share on
- 51:50social media after her. But that's about it.
- 51:53I from a business standpoint, I really liked.
- 52:00There is a book called Range. I got to find out who wrote
- 52:05that. If you give me a second, I can
- 52:06probably pull that up real quick.
- 52:10It was really interesting. So it's called range, why
- 52:12generalists triumph in a specialized World by David
- 52:16Epstein. It's a great read because I do
- 52:19believe that he he relates it to is a lot of good relates it to
- 52:25music, relates it to sports, relates to lots of other areas.
- 52:27But it's really kind of ended up being about business where
- 52:31there's such this focus in our our society among we need to
- 52:34hire the best specialist for anything.
- 52:35But if you need to get like a bunch of tasks done, you're
- 52:37trying to grow a company, You need people who know how to do a
- 52:40lot of different things. And the more the more of a broad
- 52:43based background you have, the better you are able to solve new
- 52:48problems you've never seen before.
- 52:50If you have, if you take a specialist who's only done one
- 52:52exact thing and thrown like some weird problem at them, they're
- 52:55going to struggle compared to the person who's done like 5 or
- 52:586 different jobs in the past 10 years and had to solve new
- 53:01problems all the time. Like solving new problems is a
- 53:03skill in itself. And people who are more
- 53:05generalized are better at doing that.
- 53:07And it's a great book too, because he relates it to relates
- 53:10it to sports. I don't, I don't have kids, but
- 53:12maybe you have kids. I don't know.
- 53:13And like how sports have changed since you and I were young where
- 53:15like you play a bunch of sports and all these travelling and
- 53:18team sports, it points out all these different like athletes
- 53:21who are like at the top of their game.
- 53:22That was it. Patrick Rafter, I think it was,
- 53:25didn't start playing tennis. So he was like 18 or something,
- 53:28you know what I mean? Like there's a lot of people who
- 53:30didn't who became the best in their field without it.
- 53:33It was, it was Tiger Woods broke everyone's brain because Tiger
- 53:36Woods was playing golf when he was three.
- 53:37Everyone's like, this is all you have to do it.
- 53:38You gotta get your kids started early.
- 53:39Meanwhile, there's like a million other athletes just as
- 53:42successful or close that they just play a lot of sports and
- 53:45they're just better than you. That's why they're good at what
- 53:47they do. But it's the same type of great
- 53:50book. Read it easy read great audio
- 53:52book because of all the examples, but listen to range.
- 53:54It'll change your perspective on like how you should hire, how
- 53:57you should position your own career, and just like being good
- 54:00at a lot of stuff. No, we definitely hear.
- 54:03I've got two boys, 8:00 and 10:00.
- 54:04And I hear a lot of, you know, parents talk about, yeah, they
- 54:07want, you know, some want to get their kids hyper focused on a
- 54:10particular sport because they've shown an aptitude for it.
- 54:13They want to see what they're capable of.
- 54:14Their other parents are like, no, let them go out and have
- 54:16fun. Like, this isn't the time to
- 54:18burn them out on a single sport. Like, let them enjoy it.
- 54:21And the cross training from 1 sport to another is actually
- 54:24good physically for your body. You're working your muscles and
- 54:26your joints in different ways. Less likely to get an injury, so
- 54:30the theory goes. Yeah.
- 54:33Anyways, James, I've got one more question for you, but
- 54:35before I ask it, I want to do 2 things for those listening.
- 54:37If you like today's content, please hit the like, share or
- 54:40Subscribe button on your favorite podcast app.
- 54:42James, I also want to let people know the best way to get in
- 54:44touch with you. What would that be?
- 54:47You can reach out to me, my LinkedIn easy to find.
- 54:51What is my LinkedIn address? That's, well, I'm James Hornick
- 54:54on LinkedIn, but yeah, it's linked.
- 54:58It's just James Horn for the URL.
- 55:00So easy to find on LinkedIn. Also on Twitter, although I
- 55:03don't use it as much. Also just James Hornick on
- 55:05Twitter. You can find me there.
- 55:08Yeah, I guess that'd be the best.
- 55:10Where do they find the podcast? Podcast?
- 55:12I link every single one on our Talent insights.higherwall.com.
- 55:17You can find all of them there, but the the 10 Minute Talent
- 55:21Rant, which is my primary podcast.
- 55:23We just finished. We're doing episode 98 next
- 55:25week. It's 10 minutes long there.
- 55:27We RIP them real quick. That can be on Apple, Google,
- 55:31Amazon, Spotify, all the usual suspects in terms of like so 10
- 55:34minute talent rant. Search for it, you'll find it.
- 55:36Or talent insights.higherworld.com.
- 55:40Or again, hit me up on LinkedIn. Great.
- 55:42So last question for you, James. I'm curious in the next few
- 55:45years, what do you see are the big changes coming to the
- 55:49staffing industry? Oh geez, this is you.
- 55:52Saved this for lad on This is a quick one yeah so OK I I I am so
- 55:59sick of talking and hearing about AI, but you can't have
- 56:02this conversation without it. I believe that and I'll relate
- 56:05this back to the talent space, 9095% plus of the AI apps and
- 56:12things out there that you see are going to fail.
- 56:14But the other two to 5% are going to completely change how
- 56:18we kind of work. And I think that the way it's
- 56:21starting to have some effect on on talent markets.
- 56:26I do believe that it's going to it's going to be harmful
- 56:29primarily first to I was going to say like I think low level
- 56:36marketing roles and it's going to get hit.
- 56:39I think software development, good software developers will be
- 56:43able to do more with less people.
- 56:45I think that's another area. So I, I do think those, I think
- 56:48these things are going to evolve over time.
- 56:50I think we're at the early stages of what these things will
- 56:51do. I think a lot of the hype is
- 56:53still overdone and I, I get sick of hearing about it from a
- 56:55recruitment perspective. I think what is interesting is
- 56:58that it will enable companies to use lower level recruitment
- 57:05resources and better, better train, manage and source
- 57:12pipelines. Meaning if I'm able to, if I've
- 57:16got some, especially if you're remote, we're in this weird
- 57:18remote world where it's hard to kind of oversee people.
- 57:20You don't really know what anyone's doing on any of them
- 57:22bases. But if you have an AI based tool
- 57:25that like this video thing that we're on right now gives you a
- 57:28transcription. It gives you a summary of what
- 57:30the discussion was, if it can kick off keywords of like
- 57:33sentiment in terms of like what went well in the conversation
- 57:35with the person you're recruiting, what what didn't,
- 57:38where you as the recruiter did your job, didn't do your job.
- 57:40What you forgot, what you missed, where there's certain
- 57:42keywords are going to match up with like what the job things
- 57:45are, what other jobs you're working on that could actually
- 57:46fit this person. There's a lot that AI can do to
- 57:50help enhance how recruiters can match people and also how
- 57:54recruitment companies or recruitment talent managers
- 57:56internally can better train their teams and understand kind
- 57:59of like, because even in the in office world, it was really
- 58:02difficult to know where maybe if you're on my team, like if you
- 58:05just completely booted a conversation or did everything
- 58:07the wrong way, like how would I really know that unless I ever
- 58:09heard you? So I do think there's a lot of
- 58:12gains that we made there. I think we're not near that yet.
- 58:15I think a lot of the record call recording technology and
- 58:17transcription, that stuff's there.
- 58:19I think the from a management and growth perspective, a lot of
- 58:21those tools are still kind of under development, but I do
- 58:23think there's some pretty sniffing gains that can happen
- 58:25there. So can I assume that you're
- 58:28using one of those recording platforms?
- 58:31Probably connects into Zoom you're using.
- 58:33Not honestly, not yet. We're well, I think there's a
- 58:36good chance that we will. We're, we're side note, we're
- 58:39this is another thing. So we're our ATS system, which
- 58:42is like a CRM system for recruiters is God awful.
- 58:46And we're probably going to be migrating to a new one soon.
- 58:49But biggest problem with our current one is it doesn't
- 58:51integrate with any of these tools very well.
- 58:52So we've been a bit hamstrung in our ability to kind of adopt A
- 58:55lot of latest stuff because it just doesn't integrate with our
- 58:57with our tech stack. So but I am planning on there is
- 59:01a definite plan to start kind of going down that rabbit hole and
- 59:03doing these things once we're in a better place, hopefully, like,
- 59:05you know, early next year. But I've tried and demoed a lot
- 59:09of them. And the other thing I will say
- 59:12too is it will take it, it can be disruptive.
- 59:15I, I do think the disruptive to people's individual workflows.
- 59:20And when you're talking recruiting firms and as I
- 59:23started out and we started this conversation, a lot of these old
- 59:25school recruiting firms like changing how they do things is
- 59:28not something they enjoy doing. I do think that it'll, it, it
- 59:33will be people who embrace it will have to change how they do
- 59:38their everyday workflow, but get rewarded by it long term.
- 59:42So. James, I want to be the first
- 59:45one to thank you for sharing both your time and your story
- 59:47with us today. I really appreciate it.
- 59:49All right, hope I didn't talk too much.
- 59:51Make it longer than it had to be.
- 59:53We'll edit it out if we decide that after the fact.
- 59:56Folks, that's a wrap on another episode of the Inspired Stories
- 59:59podcast. Thanks for learning with us
- 1:00:00today.