CSG Q4 NEWSLETTER: The end of the year is right around the corner and that brings with it a couple of certainties:
- First, it is just about time for Santa and his reindeer to scamper across rooftops.
- Second, you have almost survived another 1/1 renewal season. Finally, it is time for organizations to bid farewell to 2017 and begin forecasting needs and growth strategies for 2018. Staff is a huge component to this process and as we move through the next several weeks, opportunities will certainly begin to arise.
FEATURED Q&A + FACT OR FICTION: A series of popular candidate questions followed by breaking down the most common job search myths and truths.
Our Featured Q&A gives you an opportunity to engage with us and get your questions answered on a variety of topics to pertaining to the insurance job search or career planning process. If you have a question you’d like answered from one of our insurance recruiting consultants, please email us at email@example.com.
Q: My company is being acquired; does this mean I need to find a new job?Q: I have relocated several times for my career and am having trouble getting a role in a new city now. Haven’t I proven I can relocate?
A: Unfortunately, it is possible the prior relocations could be having the opposite impact on your current search. If you’ve moved around a bit, prospective employers may not see you as someone committed to an area. This is impossible to know for sure but generally the biggest objection to a relocating candidate is that they don’t have a tie or commitment to the area they are looking to move to. What you are seeing as a demonstration of your ability to move to a new area could be interpreted as you being someone who just moves around a lot. Companies like stability.
A: Not necessarily but it is one contingency to plan for. An acquisition can be a great thing for legacy employees but it can also be a very bad thing. To generalize is unfair in instances such as these since it really depends on a very unique set of circumstances and factors specific to the buyer and seller. In many cases it can lead to more long-term opportunity and growth while in others it can lead to layoffs.
Q: Do I need to get everything in writing from my employer or a prospective employer as it pertains to work hours, salary, or other factors?
A: In general, I would say yes, having it in writing is a good idea. You likely know your situation and know who you can trust but it never hurts to have documentation of any agreements or understandings between you and your employer. For these purposes though an email can suffice in many cases since it shows communication on the topic in question so you don’t necessarily need a formal document to be crafted.
Q: Are signing bonuses still a thing?
A: Absolutely. While not the most common element of offer letters today sign-on bonuses are still a tool utilized in crafting compensation plans. Many times these are utilized to cover a would-be bonus a new hire might collect if they stayed but the new employer can get to them in a sign-on. This is just one example but we see them used in different instances to cover short-comings in the offer or timing of a change.
I have a better chance of meeting Rudolph than I do of finding a new job this time of year.
FICTION. While some organizations move hiring to the back-burner this time of year for others it is the season to be adding to their teams. Sometimes it is need-driven, in others it is budgetary and needing to utilize an allocated budget for this year. Regardless, opportunities to come available this time of year and can in fact be faster moving than at other times of the year in some instances.
Companies will have more money starting out a new year so I can get a better offer.
FICTION. While they may have more in the budget, companies don’t pay more for roles just because they can. This one is a pure myth. A position tends to pay what it pays and that is not dependent upon time of year or budgetary factors in this way.
Job shadowing a current employee is a common part of the interview process.
FACT...mostly. Perhaps using the word “common” creates some room for debate here but this is largely fact. For many roles it can be helpful to shadow someone doing the work to help a potential employee see the nuances and get a feel for the day-to-day of the role. If used, this can be a valuable part of the process for both parties.
I shouldn’t ask for benefits information during the interview process.
FICTION. You can certainly ask for that kind of information since it is something you’ll no doubt need to understand before you can decide on working there. Now, there is a good time and place, as well as a manner in which to ask for it. This is not a good idea on the first visit but as things get more serious you can always ask for benefits information.