Skip to main content
EmployerIndustry Insights

Specialist Or Generalist Recruitment: Which Is Better For Your Startup?

By February 3, 2022September 20th, 2023No Comments4 min read

Specialist or Generalist Recruitment?

One of the common questions asked by startups when building their team are ‘Should I use a generalist or specialist recruiter when hiring for my FinTech?’. It is a common assumption that all recruiters are the same, they get the job done by putting people into specific roles of a company. In contrary, there are definite differences between both type of recruiters.

A FinTech recruiter is defined by its ability to offer a talent pool of skilled FinTech professionals for clients/companies who are specific within the FinTech sector. As compared to generalist recruiters, they recruit across a multitude of industries and roles. Some straightforward differences between a FinTech recruiter and a generalist recruiter would be market knowledge and talent pool availability.

Market Knowledge

Do you know what is the right candidate for your startup?

FinTech recruiters would be experienced and well-equipped with the industry knowledge and market trends. This allow them to be able to identify transferrable skills and experience that will be an ideal fit for your FinTech. They are more agile as they go beyond your job description but instead, looks at what kind of candidate your startup needs as it progresses in the future, rather than just focusing your short-term hiring needs.

Storm2 specialist recruiters can easily identify prospects and have a stronger sense of what your potential candidate wants in order to easily ‘pitch’ your startup to them. This significantly reduces the time required for hiring managers to assess a candidate’s suitability and potential.

Talent Pool Availability

Quantity or quality?

As generalist recruiters hire across multiple industries, they would naturally have a larger pool of candidates. However, as a FinTech startup, your ideal candidate would most likely be expected to have a niche skillset. You wouldn’t want to be fishing through hundreds of unsuitable candidates with irrelevant industry experiences or skills, which can be frustrating and time-consuming for HR managers.

A compelling reason to use a FinTech recruiter is that they are specialist in their area of expertise. For example, Storm2 only ensures that candidates with relevant skills and experience for FinTech would be within the talent pool. In addition, our specialist recruiters are experienced and well-networked as the deal with similar roles across FinTechs. It provides them with the strong knowledge and understanding of FinTech startup recruitment. They would also be one of the best people to know where your ideal candidate would be lurking at and how to approach them.

Why FinTech Specialist Recruitment?

In the infographic below, it sums up some of the key deciding factors on why you should go with specialist recruitment.

How Storm2 Can Help

We know how tedious and time-exhaustive recruitment can be for FinTech startups. To find the perfect candidate for your startup, you should ensure that the time and money are put to the best use. It is critical to select the right recruitment agency from the beginning to eliminate any wasted time or effort that can be better spent on building your FinTech.

With our niche recruitment specialization, Storm2 take pride in providing only the best FinTech talent for startups. Equipped with a strong network of FinTech professionals and a team of experienced specialist recruiters, we can make recruitment straightforward and easy when building your dream team. Connect with us now to find out more!