Podcast Summary: Episode of #TalentBuzz with Guest Aref Abedi from Jobylon
Introduction:
- Host: Discusses talent acquisition in SaaS companies.
- Guest: Aref Abedi, CEO and founder of Jobylon.
- Topic: Building a company culture and recruiting people aligned with that culture.
Jobylon’s Happiness Culture:
- Definition: Maximizing people's potential, ensuring psychological safety, and promoting initiative and the acceptance of failure.
- Objective: Impactful work and relevance, rather than just superficial happiness.
- Evolution: Culture evolves with the people and over time, influenced by shared values.
Importance of Culture:
- Late Realization: The host acknowledges the later realization of culture's importance in a career.
- Benefits: Strong culture aids in recruitment and retention, making it easier to find culturally aligned candidates.
Aref's Focus on Culture:
- Initial Skepticism: Initially skeptical about spending time on defining values.
- Current Values: The values set at the beginning (passion for people, product, and business) are still in place and constantly discussed.
Building and Maintaining Culture:
- One-on-Ones: Monthly meetings with managers to discuss happiness and provide feedback.
- Workshops: Regular sessions to discuss values and their practical implications.
- Initiatives: Examples like the “Happiness Tax” where a portion of sales goes into a fund for employee-chosen initiatives.
Cultural Fit in Recruitment:
- Assessment Tests: Using tools like Alva Labs for personality and logic assessments.
- Case Interviews: To understand how candidates would act in their roles.
- Ongoing Theme: Culture is a continuous theme in the recruitment process.
Referral Program:
- Conversion Rates: Referrals generally have higher conversion and quality.
- Program Structure: Formalized referral program with a points system for various stages like interview, hiring, etc.
Salary Model Based on Culture:
- Transparency: Setting clear salary ranges based on functions and experience levels.
- Yearly Reviews: Self-assessment based on behaviors linked to company values.
- Outcome: Predictable salary outcomes based on individual assessments.
Employee Retention and Culture:
- Correlation: Strong culture is closely related to higher retention.
- Resilience: Culture acts as a glue during tough times, like economic downturns or personal challenges.
Employer Branding in Job Ads:
- Inclusion of Values: Clearly stating values and culture in job advertisements.
- Content Creation: Engaging content like employee branding videos that discuss culture and happiness at Jobylon.
Exit Plans:
- Proactive Approach: Discussing potential exits and future plans with employees from the start.
- Feedback Loop: Encouraging open communication about future aspirations and potential departures.
Final Thoughts:
- Key Takeaways: Emphasize culture and values in every aspect of the business, from recruitment to decision-making.
- Call to Action: Encourages sharing the podcast and suggests topics for future episodes.