The CEO of one of Europe's fastest growing startups says hiring is his most important job. Here's why he calls every reference and has an 8-hour interview process.
This story requires our BI Prime membership. To read the full article,TravelPerk, a travel software company based in Barcelona, is hiring up to 50 people a month after raising more than $100 million in a year.
Barcelona-based startup TravelPerk says it hires some 50 people every month as the company scales up. Founded in 2015, the company provides corporate travel software. CEO Avi Meir plans to take the total number of staff to nearly 600 by the end of 2020 from just 150 in early 2018.The urge to get the best talent is key to TravelPerk's growth plans but the competition is intense.
"Numbers like this make it tempting to cut corners and take chances with new hires. But, when you consider the bigger picture, having someone join who isn't a good technical or cultural fit and having to let that person go and then restart the process is actually much more time consuming and probably more expensive, this is why we insist on keeping our process as thorough as possible.
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