Startup companies are facing many issues and biggest challenge is attracting top talent with good pay. Hiring right people is a big issue and many major companies are deploying techniques like multi-level assessments, psychometric tests and roping in external partners to hire a candidate. Hiring mistakes can prove costly given the fierce pace at which startups are scaling up. Major issues are overpromising and under delivering on his part and management styles, which alienated other team members. "We had to let the person go in three months and undo and re-do a lot of work done by him. We realized in hindsight that it would have been better to wait and look for the right person than spend so much energy, time and resources on making it work says a recruiting firm executive.
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