Hiring Tips from Canada's Top Startups

Emmet McGonagle

Oct 06, 2023

A handful of companies listed among Canada's 2023 LinkedIn Top Startups list have revealed what's unique about their hiring process, including this year’s number-one startup Calgary’s Neo Financial.


Alongside a focus on hiring underrepresented groups, businesses such as AltaML expressed a focus on human-led, “empathic” recruitment in bringing in talent which fits the company’s working environment.


This trait has also been celebrated by Float, which creates an interviewing panel of at least four team members in order to assess different criteria from a range of different perspectives.


On the other hand Zac Engler, director of talent acquisition at Sanctuary AI, hailed a move away from technology as a key element of the company’s talent acquisition strategy. Speaking to
Riva Gold, Canadian senior news editor for LinkedIn News, he said: “Although we love our robots, when it comes to hiring we still prefer a human touch.”


Digital mortgage platform nesto focused on creating a “fun, diverse and highly qualified team” as part of its hiring process,  while Neo Financial celebrated the brand’s ability to reach out to prospective employees if a more suitable job than the one initially applied for becomes available.


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More than half of workers believe that disclosing worker compensation details on job postings will lead to better equality in pay, according to the latest iteration of LinkedIn’s Workforce Confidence Index . The index - which is based on a survey of 3,302 members in Canada between June and September 2023 - found that 52% of people asked felt that people sharing their pay information (including salary and bonus) would improve workplace equality, compared to 48% in 2022. This number varies between different generations, with younger Canadians more likely to express support for pay transparency (73%), followed by 69% of Millennials, 46% of Gen X and 44% of Baby Boomers. However, 37% of those surveyed remarked that they felt anxious about sharing their pay information - a 2% rise from the year prior. Likewise, just under half (49%) said they felt well compensated for the work they do while 74% expressed that the pay gap between CEOs and employees had become too wide. The people of LinkedIn have come out in their dozens to give their two cents on the topic, with Adrienne Tom , executive resume writer for executives, saying: “ I'm all for salary transparency, so long as the number is clear and legit. Some postings list salary ranges so wide that the actual salary number isn't entirely clear, leaving job seekers confused.” “If you have a manager who is not advocating for the pay gap, you are working for the wrong manager,” remarked career strategist Sweta Regmi , while noting that women in Ontario earn an average of $0.87 for every dollar earned by men. On the topic, she added: “Salary ranges with job postings can help close the gender pay gap while allowing companies to find qualified candidates more quickly.” Do you have a question about angel investing? Get in touch with Valhalla Private Capital via our contact page .
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