Anzy Global
  • About
  • Offering
  • Blogs
  • Anzy Global
  • Clients
  • Team
  • Contact
    • Notifications | Search

THE PROS AND CONS OF ACQUI-HIRING

  • December 27, 2021
  • Tech hiring
  • Diversity
  • Hiring
Table Of Contents
  • 1. What actually is Acqui-hire?
  • 2. Why go for Acqui-hiring?
  • 3. The Pros

Acqui-hiring is a hot topic in the startup world right now. Everyone wants to get the best for their organization and this method of recruiting capable candidates is something everyone is choosing

What actually is Acqui-hire?

Acqui-hiring is just a fancy way of saying that your company is going to be bought out by another one, usually tech giants. No, they don’t want your services, but your whole team. It’s like you getting the best ingredients from the market to make the most exceptional and decadent Devil’s Food Cake. . ‘Cuz  you know, the devil is in the details(See what we did there?). Acqui-hiring is a win-win as you become a stronger company but nobody goes unemployed (if you’re good, that is.)

Why go for Acqui-hiring?

Everybody wants top talented and skilled techies now and the positions are disappearing like hotcakes.Since the recruitment of the best candidates isn’t easy, the tech biggies decided to go for acqui-hiring. As earlier mentioned in, “Why Startups Need Baby-Like Care” ,startups will hire the best talents for business . So acquiring these startups’ teams will only boost the MNCs’ productivity.

The Pros

  • Safe exit for Entrepreneurs: If a company isn’t able to hit their growth targets, acqui-hiring can help them make a safe turnover. It’s not that you’re pulling the plug, you’re just adding a stabilizer to increase the efficiency of your precious appliance
  • New opportunities for Acquirees: Who doesn’t want to be part of the big fish of the sea? If you didn’t make the cut in one way, you just got a golden ticket to the much-desired chocolate factory now!
  • Powerful and Effective Recruitment: Conventional hiring techniques do get you results, bt not necessarily great ones. On the other hand, acqui-hiring can be the faster way to get the best . It’s like getting the ‘bites’ box from Mad Over Donuts, you get all the best ones in one attractive box
  • Loss of interest: When you work hard to produce your perfect dish but it doesn’t turn out as expected, it’s natural to get disappointed. You’d rather not cook than getting horrible food out! It’s the same with company CEOs and Founders. When their whole asset is taken away, they’re prefer exiting the market than let someone else lead their
  • Competition: New employees are like small fish who have moved to the big pond. Larger the arena, the harder the battles. Due to the high competition levels, it may be difficult to gain the right momentum. Some try to stick around while some quit
  • Wrong Attitude: Poor management of newbies can spell trouble. It’s like getting a new puppy home when you have an older dog. They’re not gonna appreciate the newbie getting on their turf. The new employees have to join new teams and the original employees will have a “US vs THEM”attitude. It’s going to affect the organization in the long run

Share this Post:
Table Of Contents
  • 1. What actually is Acqui-hire?
  • 2. Why go for Acqui-hiring?
  • 3. The Pros

Tag Cloud

Company Culture
Diversity
Employee morale
Employee Motivation
Employer Branding
Free Template
Hiring
Hiring Challenges
Hiring Strategy
Hiring Techniques
Hiring Trends
HR Policy
HR Tips
Job Description
Lateral Hiring
Lateral Hiring Meaning
Lateral Recruitment
Startup Hiring
Tech hiring
What is Lateral Hiring
Work Environmen

Related Posts:

How to boost employee motivation

The Relation Between Motivation and Productivity

  • August 3, 2022

Attrition Control: 7 Employee Retention Strategies

  • July 5, 2022
Hiring employees

What NOT to do when Hiring Employees

  • May 24, 2022
Recruitment plan

Recruitment Planning – Trends shaped by the Pandemic

  • May 17, 2022

Get in touch with the Experts at ANZY!

Facebook Facebook Twitter Twitter Linkedin Linkedin
Privacy Policy
Job Consultancy I Delhi
Job Consultancy I Mumbai
Job Consultancy I Bangalore
Job Consultancy I Hyderabad
Job Consultancy I Pune
Job Consultancy I Chennai
Job Consultancy I Kolkata