What Employers Are Looking For by Alanna Fero
You’re talented. You work hard. That should be enough to ensure a satisfying career, right? No. Not even, “Sadly, no” or “Unfortunately, no.” Just plain NO.
Employers take a major risk when they hire. It’s a huge investment of time and money to recruit, screen, interview, hire, and train a new person. It costs them as much as 30% of your annual salary just to find you, then quite possibly another 50% to train you – and they’re paying you during that training, and paying compulsory remittances for you as well. And you haven’t made them any money yet.
If you earn $50,000 per year, an employer invests $130,000 in your first year just to get you to a place where they could begin to see a return on their investment. Ask yourself: how good, how secure, would a long term investment need to seem to you before you would be willing to shell out that kind of money? And how much better would it have to seem if you had lost money on similar investments in the past? That’s how attractive you need to be to a prospective employer.
Seeing the hiring process from their side is the first step. Understanding what they are looking for is the next. So what do employers want to see from you in that all-important job interview?
1. FIT. Each workplace has its own culture. Some are budget-conscious while others are profit-driven. Some are pro-active and others reactive. Some strive for stability, others for creativity. You can’t be a productive member of the team if you don’t fit. It’s not about your qualifications at this point – it’s about whether you will want to work the way they like to work, and whether they get the sense they will like working with you.
2. SPECIALISTS BACKED UP BY SOLID GENERALIST CAPACITY. Employers want to know you are really good at the thing they need you for. They want you to have the education, skills and experience to meet at least 80% of the job demands right out of the gate. If you are telling yourself, “I could (learn to) do that,” you are looking at a career longshot unless you already have a relationship with the employer where your aptitude, quick learning ability and fit have already been demonstrated. (This, by the way, is why every career expert you have ever seen, heard, or read advocates networking—because it builds the relationships that make transitioning fields or jumping a few rungs of the corporate ladder less of a risk from the employer’s point of view.) So the specialist part is being able to handle the lion’s share of the job without requiring hand-holding or expensive training. For the generalist part, you need to also show that you have other, value-added abilities which are relevant to the job—key word relevant. Maybe you could offer relief backup in another department. Or you have training, presentation, writing, or second language skills which could be used on a particular project. And the number one generalist skill which is relevant virtually everywhere in the private sector is networking/business development. Notice I didn’t say sales. A company doesn’t need everyone making pitches and trying to close—they have specialists for that. But someone who is at least alert to opportunity and able to bring in leads to new business is always higher value than someone who isn’t.
3. COMMITMENT. Remember that $130,000 investment in a $50,000/yr employee? When an employee quits during their first two years for a company, it’s as if a public company in which you invested your retirement savings going bankrupt and the stock becoming worthless. It’s Enron. You’d be very outraged and incredibly cautious going forward if that happened to you.
Naturally, then, employers want to know when they hire you that you plan to be around for awhile so they can enjoy a reasonable return on their investment in you. When they ask about your lifestyle, your focus, your goals, and where you see yourself in the next 3-5 years, that’s what they are trying to assess.