Anthology (formerly Poachable) came out with a fun survey recently that polled where current employees of some of the hottest tech companies would go if given the chance. The results are interesting and really speak to organizational fit, and the appetite for risk, in the employees you hire.
On the outset, I would assume any talented person working at companies like, Microsoft, IBM, Apple, Facebook or Google would be willing to accept a job at another tech firm, given the opportunity, location and pay are all that they are looking for. Turns out that the employees at each of these organizations have a particular career taste when it comes to possible change, take a look:
Microsoft: 74% would prefer to go to another Public Company, only 32% to an early stage startup. (this limits the competition you’re up against, right?)
IBM: 72% to a Profitable Private Company, only 23% to an early stage startup.
Apple: 62% would prefer well-funded startup, or the same 62% to a public company, only 28% to early stage startup
Oracle: 69% to a public company, only 29% to early stage startup.
Amazon: 75% to public company, only 35% to early stage startup.
Google: 73% to well-funded startup, 45% to early stage startup and only 59% would want a public company.
So, what does this mean? All those startups looking to attract folks from big tech companies might want to rethink your sourcing strategies! While some organizations like Google and Apple have employees with a higher tolerance for risk, most big tech companies are filled with non-career risk takers.
Organizational fit is so critical to making good hires, and most of us tend to overlook the risk appetite of the employees we are hiring versus the risk culture of our own organization. This can be vetted out in an interview process, or even with an assessment, but we just forget about it most of the time.
You can usually see it on a person’s resume. Conservative company, conservative company, conservative company, oh hey, come interview over here with us at ‘our pants are on fire’, you’re going to love it! No, they won’t, but they might be attracted to the fire initially, and seem very interested. The problem is, they’ve already shown you who they really are, you just aren’t listening!