10 Sept 2023
Deel Response
2yWhilst some of us at Deel have worked in much larger organizations and other hyper growth start ups, I disagree that we have any kind of abnormal or egregious corporate chaos. We are in hyper growth mode and thankful to be in this era specifically during this time in the global economy whereby we have sat by and watched other companies lay off team members, reduce compensation and benefits and perks, stop hiring, take down rounds in valuation and funding, etc.
As with other start up businesses, and our competitors included, we have turnover as a result predominantly of poor quality of hire and we must and will do better in training recruiters and managers. We continue to invest in coaching our leaders to scale themselves as leaders of an almost 3,000 person global company with month over month revenue and headcount growth. Specifically, communication, leadership principles, presentation, high performance culture are top of mind. And as for competitive analysis, we have been reactive to our competitors tactics, but are moving to change that and control our own narrative.
Thanks for this view.