Hiring

The process of defining a role, finding candidates, assessing them fairly and bringing someone into the company.

Example

Role definition, screening, a paid work sample, references, then a decision scored against the definition.

Important

Write what success looks like in twelve months before writing the advert. Most bad hires are traceable to a role nobody defined.

Related terms

  • Setting expectations — Being explicit at the start about what success in a role looks like: the outcomes, the standard, the timeframe and how it will be judged.
  • Onboarding — The process of getting a new customer or a new employee productive.
  • Contractor vs employee — Two legally distinct ways of engaging someone, with different tax, control and IP implications.
  • Employee equity — Ownership granted to employees, usually as stock options from the option pool, vesting over time.

All 176 terms in the Founder glossary