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Know
the Employer
by
ResumeEdge.com
- The Net's Premier Resume Writing and Editing Service
Just
as you must know yourself before you begin an interview, so too
must you know your prospective employer. Knowledge of the company
helps you tailor your responses to questions and gives you confidence.
It shows the interviewer that you care about the company and want
to make a well-informed decision, and it gives you fodder for posing
impressive questions to the interviewer. All of the information
you gather will help you anticipate the company culture and gauge
the expectations that they will have of you.
Understanding
the Mission
At
a minimum, you need to discover the company's purpose and trajectory.
The employer will be convinced that you do not care about the job
if you have to ask what they do. Look on the company website to
discover how the company presents itself. Make sure you can articulate
what the company mission statement is. If the company has a tag
line, memorize that as well. If available, request a copy of its
annual report. For newsworthy companies, check media sources like
newspapers and business magazines to find out where the company
is going and what its challenges are. Discover if they have any
specific goals for the near future, like the production of new products
or new partnerships. Talk with someone who works there or has worked
there to find out whether the company fulfills its mission.
Study
the Market
You
also must familiarize yourself with the company's market. If they
sell a product, who are their target customers? If they provide
a service, to whom is it rendered? What is the nature of the products
or services? These are the kinds of things you should be conversant
in when you sit down for an interview. In addition, it is useful
to know who are the company's competitors. Is it a business down
the street, a conglomerate, a new or established company?
Company
Structure
Find
out what the structure and scope of the company is. Besides identifying
whether the company is small, medium, large, or enormous, you need
to know its configuration. Is it a division of a larger company
or owned by a parent company? Does it own other companies? What
are its strategic alliances? Is it a local, national, or international
company? Also discover whether the company has divisions and what
they are. It is also useful to know at what stage of growth the
company is. Have they recently grown or laid off employees? At what
rate? Using your internet, media, and personal sources, uncover
as much as you can about the internal workings of the company.
Know
the Customer
Moreover,
it is useful to know how the company makes its money. Who are its
clients or customers and how many of them are there? Is it a family-owned
business or a start-up company funded by angels? Getting your hands
on a share-holders report could be very illuminating as you determine
what the company's earnings or losses are. Are their profits increasing
or are they mired in debt? Is there another company funding them
for a period of time at a loss? Compiling this information will
enable you to assess the financial stability of the company.
Employee
Relations
Finally,
you will benefit from knowing how the company treats its employees.
Interviewing current or former employees will give you the information
you need to determine whether you are likely to receive the kind
of treatment you desire or require. How much of the company earnings
are shared by employees? What are the salary ranges for various
positions? Gaining this kind of information will help you assess
a compensation packet that you can feasibly negotiate. Do not forget
to uncover the benefits package offered by the company when you
consider the attractiveness of compensation. In addition to compensation,
discover whether employees receive training or mentoring, how many
hours a week the employees tend to work, and how long employees
tend to stay at the company. Finally, you might check to see if
any complaints have been filed against the company.
Interview Background
Since
you need to connect with the person responsible for the interview,
it is helpful to discover as much as you can about that person as
well. Is this your prospective boss or someone screening applicants?
If possible, discover what the person is interested in and where
he or she previously worked or went to college. Gather information
that will help you establish an easy rapport.
Your quest for information can seem elusive without the ability
to conduct an audit of the company's financial statements or at
least interview employees of the company. With a bit of networking,
the latter might be more feasible than you would initially think.
Several other resources will help you:
-
The
company website
-
Company
statements and brochures
-
Newspaper
and magazine articles
-
Reviews
of best and worst companies
-
Employees
of the company
-
Public
records
-
Information
held at local job search agencies
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