Hello Alberta Innovation Community,
Technology Alberta launched our newest program, TechBOOST (Technology Business Optimization, Operations, Scaleup, and Talent), earlier this year. Geared towards Alberta tech SMBs that are looking to scale-up their operations by expanding their team, this new program encompasses both our highly-acclaimed FIRST Jobs Work-Integrated Learning (WIL) program, as well our latest offering to Alberta tech SMBs: HRCatalyst.
The HRCatalyst program is designed as a modern approach to building in-house HR capacity for entrepreneurial tech companies without hiring dedicated HR staff immediately. As part of the application, we asked companies to select their top three HR challenges in order of priority. So what are the biggest HR challenges for Alberta tech SMBs?
As seen in the figure below, Alberta Tech companies identified their top 3 HR challenges as follows:
- 45% affording quality candidates
- 22% attracting quality candidates
- 12% selecting the right candidate
These results are consistent with data shared in previous Focus on Talent articles that discussed the difficulty companies face when competing with larger companies that can offer higher salaries and more comprehensive benefits. Also when every dollar counts as you build your business, selecting the right candidate at the right time can feel like a monumental task. |