Factors to Consider to Hire the Right Candidate for Your Company

1. Factors to Consider to Hire the Right Candidate for Your Company Learn about what employers can do in the face of the changing dynamics of hiring. Job interviews can be transcribed using business transcription services. www.legaltranscriptionservice.com 918-221-7810 MOS Legal Transcription Company 8596 E. 101st Street, Suite H Tulsa, OK 74133

2. A job interview is very important because it allows the employer to assess potential candidates and decide how their skills will align with the needs of the organization. To hire the right candidate for the right job, employers may seek the assistance of business transcription services to record and convert the interview into transcripts. A properly conducted interview helps employers understand different traits of the applicants, thus helping in making a better judgment. Job interviews are the ideal platform to showcase a jobseeker’s abilities but if you don’t know how to play your cards then it can lead to awkward moments. Job interviews also allow candidates to get a glimpse of the organization and his/her prospective colleagues. Earlier, employers used to ask about candidates’ previous salary but today a law forbids them from asking a candidate’s previous salary. This legislation was first implemented in California followed by New York, which means that two of the technology giants of the country are bound by these new rules. This could change the way employees are hired in these regions. Businesses are in search of talents and there are indeed many opportunities for qualified people who are ideally suitable for the jobs. This may not make people move jobs but could change the way tech companies hire and compensate their employees. Salaries are rising rapidly and it shows how every hire is more important than ever. This is true in the case of start-ups and small companies that can’t afford a bad hire and are in search of talented and skilled people. According to a compensation analysis by SpringSprout, a tech-driven recruiting start-up that helps to hire employees for fast-growing companies, candidates who are asked about their previous salary are offered, on average, an 8.3 percent increase. Those that are aren't asked get an increase closer to 12.5 percent in base salary, plus any other benefits they're leaving their current position to seek. This helps the applicants to have an upper hand in deciding the salary and prevent them from being underpaid or anchored. It also helps females and minority prospects to make a fair salary. In this approach, employers do not have any control over deciding the salary, so here are some ways in which hiring managers can learn to deal with this new dynamics, according to Natan Fisher, Co-founder and CEO of SingleSprout. Now, companies are ready to pay more to get the best talents. Apart from technical skills, past experience, cultural fits and plans for future career growth, there are many other factors that can influence what prospects are looking for in their work environment -- and what they bring to it after they are hired. To reduce hiring risk, employers can hire people that a current employee can endorse. Good technical interviews, rounds of cultural interviews and a meticulous understanding of the candidate's impetus and objectives would help employers choose the right person. While compensation is an www.legaltranscriptionservice.com 918-221-7810

3. important consideration for jobseekers, there are other aspects of their company employers can leverage such as a smart, high-calibre engineering team, dynamic tech challenges, and the potential for speedy growth among other things. When you are building a company remember that you can never put a price on talent. It is the duty of the employer to ensure that the employees are paid fairly. An effective way to calculate compensation is using the concept of expected compensation. Compare the candidate’s expectation with what other engineers with similar qualifications and experience are paid and decide on a fair compensation. The employer should not undervalue their employees with regard to compensation. Make sure that you listen to the prospects and also keep in mind that they are searching for a work environment that is in keeping with what they value. Job interviews have to be planned and conducted properly taking into account the candidates’ qualifications, experience, and expectations. Most employers prefer to transcribe the interviews with the support of a professional transcription servicebecause the interview transcripts act as a record of the entire interview which they can use for later reference. www.legaltranscriptionservice.com 918-221-7810