Wednesday, November 27, 2019

Do You Still Need to Send a Thank-You Note After a Job Interview

Do You Still Need to Send a Thank-You Note After a Job InterviewDo You Still Need to Send a Thank-You Note After a Job Interview2Many best practices of the job search have evolved in the digital era, from how to contact recruiters and identify open positions, to how to craft and submit resumes.While it used to be voreingestellt after completing a job interview to send a thank-you notenzeichen (via snail mail) to each person you met on the hiring committee, its less clear today whether this step is still mandatory. It can also be confusing to figure out the specific protocol around post-interview thank-you notes and other forms of communication with a prospective employer.Lets go over some of the latest recommendations in this area, including current advice on which format is best for thank-you notes between email, social media, texting, or paper mail.To send or not to send?Even though only a quarter of applicants send thank-you notes after an interview, 80%of HR managers feel they ar e useful in helping them evaluate candidates, according to a survey by Accountemps. Thats likely a major reason why the general consensus among the business community is that thank-you notes are still an essential parte of the job search.Monster.comcalls the practice of sending thank-you notes after job interviews an important part of any job-hunting strategy, emphasizing that these critical communications can add a positive impression to an already positive connection. The Balancestates that the need to send a thank-you note to your interviewers hasnt changed, since it gives you a chance to express your appreciation for the opportunity of meeting with them.And Romy Newman, president and cofounder of Fairygodboss, says that the answer is unequivocally YES. You should most definitely send a thank-you note, adding that she simply would not hire anyone who doesnt send a thank-you note following the interview. The Musesuggests that a well-written thank-you note can help tip the balance when the competition is particularly stiff, such as when you know youre being compared with one specific candidate who has similar credentials.When you send it matters.Now that you know thank-you notes are a job-search imperative, its time to figure out the best way to send them. Time is definitely of the essence when getting your thank-you notes out the door. Hiring decisions can happen quickly, so waiting too long to send your note can render it irrelevant and defeat its purpose. Its a great practice to craft thank-you notes as soon as you return home from your interview (or right after you get off the phone), and be koranvers to click send on your email within 24 hours of your meeting with the hiring committee. Your goal is to remain fresh on your interviewers minds during the window of time that theyre thinking about their hiring decision.How you send it matters.In surveying advice from a range of career experts, its clear that theres some leeway here, though the type of company you met with can help guide your choice of delivery method. While mailing a handwritten or typed letter used to be expected, the Accountemps survey mentioned above found that the vast majority of HR managers agree its perfectly appropriate to send a thank-you note via email. (And in fact, just under two-thirds of the thank-you notes they receive- 65%- arrive in their email inbox rather than their mailbox.)Some companies, though, are more traditional and formal. If this is the case with the organization that interviewed you, then you may score extra protocol points for mailing your thank-you note. Even if you have contact info to text or reach people on the hiring gruppe via social media, dont use these methods to send thank-you notes. They are too informal and could be seen by recruiters as overly familiar contact methods for job candidates.What you send matters.With logistics determined, now its time to get down to brass tacks making what you say in your thank-you note as effectiv e and meaningful as possible, while avoiding possible faux pas. A short and sweet approach is best- the main objective of your communication should be to stay top of mind with the recipient by thanking him or her for the opportunity to meet, while reiterating your interest in the job. You can also briefly hammer home the point that you feel your background and skill set make you the ideal candidate for the specific position and company.Be sure to proofread your message very carefully one misspelling or typo at this stage can turn your savvy strategy into a red flag that steers the hiring manager in another direction. Also, while youre undoubtedly curious about the salary, the thank-you note is the wrong vehicle to ask about such details. Wait until you have a job offer in hand before bringing up benefits. And if you met with more than one person on a team, be sure to tailor individual notes to each person rather than trying to save time with a single message.As you can see, the than k-you note is still a step that you shouldnt skip in your job search process- and you should carefully think through the details of when, how, and what you send rather than hastily dashing something off. By putting some energy into this process at a time you might feel like relaxing post-interview, you just might help your application rise to the top of the heap.

Saturday, November 23, 2019

Guide to Negotiating the Best Compensation Package

Guide to Negotiating the Best Compensation PackageGuide to Negotiating the Best Compensation PackageYour Guide to Negotiating the Best Compensation PackageKnowing how to negotiate can make this conversation much less awkward.Negotiations of all kinds can rank among the most stressful conversations you can have in your lifetime. Negotiating a compensation package is no different. A part of the reason for this is that negotiations can be inherently adversarial. Abedrngnisher factor that contributes to the stress and the pressure is that we are not taught how to negotiate salary. Many professionals dont have the skills to keep the compensation discussion constructive and moving forward. Some are afraid to compromise an opportunity by appearing to be greedy.The good news is that negotiating is a skill like any other. You can learn it through practice, reflection, and more practice no different than riding a bike, swimming, or typing. Here is your primer to negotiating a compensation pac kage for your next job.1. Make sure your negotiating points are reasonable and well-supportedComing into the conversation with clarity on your personal best-case outcome will help you judge progress and steer the negotiation. By all means, ask for what you want and need, but be certain that your requests are reasonable and well-supported. Look at the average market salary for similar positions, consider your own salary track record, and think through the ROI and the impact you will have on the employers business. Numbers pulled out of thin air are likely to get shot down. Numbers backed up by research have a chance to stand.2. Try to avoid negotiating with HRThat may or may not be possible in your case, but my advice is to negotiate directly with your future boss if you can. Quantifying the value you will add as an employee is much easier if you are dealing with concrete examples, and no one has a better understanding of desired improvements and impact than your future manager.3. Be clear on your absolute minimumJust as you have considered the best-case scenario, think through the point of no return. Most professionals have a non-negotiable minimum package, and wont consider opportunities below that level of compensation. Be clear on what your acceptable minimum looks like.4. Have a strategy for dealing with counteroffersIt is not unusual for the compensation negotiations to go back and forth several times until an acceptable compromise is reached. If the company comes back with a counteroffer that addresses your major must-haves take it. Haggling on minor points may not be worth compromising an opportunity.If some of your critical compensation components are not in the companys first counteroffer, present your own counteroffer. Aim it to land somewhere between your original offer and the companys first counteroffer. Keep your non-negotiables, and consider compromising on other points.5. Remember that prolonged haggling over little details is a bad signIf the ping-pong of counteroffers is going on for an extended period of time, take that as an early sign of what it will be like to work at that company. Consider a big-picture look at the most recent version of the offer. If it does not include the points that are critical for you after several rounds of back and forth, perhaps its time to pursue other opportunities. If you are fighting over minor details to make a point, you are setting yourself up for an adversarial relationship with the company.6. Your goal is to get an agreement that has both parties thrilled to begin working togetherRemember that the negotiation is not about one party getting the upper hand. Its about finding an arrangement that makes the company and the candidate happy to begin working together.Sometimes, negotiations on the base salary and bonus can lead you to a dead end. Maybe the company loves your candidacy but genuinely does not have the budget to pay you more right now. Remember that the overall compensation package is bigger than just your base salary and bonus Here are some ideas on valuable components you can incorporate into your negotiation package.Job titleLets face it, Client Relations Manager sounds better than Customer Service Representative. Consider the existing structure of the department, and research industry practices before you propose changing the position title. If you can, present it as a benefit for the company after all, your title will affect your interactions with customers, and through that their experience with the company. Guaranteed severance packageIn an uncertain economy, having a guaranteed severance package at the start of the job has value. This is particularly relevant if the company or the industry you are considering is in distress.Additional vacation daysA company may not be able to budge on your salary, but how about adding a week of vacation to your package? Paid vacation days have value, too.Clothing stipendYou can make a good argument for this if you will have a client-facing role where you will be expected to have a rotation of nice suits. You would want to represent the company in the best possible way, and looking nice is a big part of your professional image.Child care expense reimbursement or subsidyMany companies offer child care subsidies and even affiliated child-care facilities.Commute reimbursementIf the position will require driving or taking public transportation, ask for a full or partial reimbursement. Mileage, gas costs, or monthly pass expenses can all be valid ways to calculate your expense.Housing subsidyThis is rare, but if your position requires many late nights, you may consider asking the employer to help pay for a hotel room or a corporate apartment. Having a place near the office to rest and take ashower can go a long way towards your productivity the next dayYour own officeThere is a world of a difference between working in a cubicle under fluorescent lights, and having an office with a window that lets in the sun. You may not get a brand new gorgeous corner office, but anything that helps create a better working environment for you is a win.Continuing education expense reimbursementYour employer would want for you to continue your professional development for the benefit of the company and its customers. Formal continuing education, including CE courses, an advanced degree, and license renewals all contribute to your ability to grow as a professional.CoachingThis is a newer plus-rechnen to the possible perks, but professionals in many industries have used it with great results. Consider negotiating an allowance to use towards professional coaching as you step into your new role. A great coach can shorten your learning curve, help you create a professional network that gets things done, and support you in getting up to speed and becoming effective and productive quicker.Flexible scheduling/telecommuting/working from homeIn this age of technology, you can set up a virtual offic e anywhere as long as you have a cell phone, a laptop, and a WiFi connection. Consider presenting your track record of productivity and effective teamwork while working remotely for best results.Earlier compensation reviewSometimes, your hiring manager might be limited in what he can offer a new hire, but he can be open to an accelerated performance review schedule. By negotiating the option of a performance and compensation review after your first 6 months on the job, you get a performance-based opportunity for a pay bump, and the company gets the benefit of paying for proven performance.Better equipmentWhatever tools of the trade you use, a better computer or software package can make a difference in how productive you are during your workday. If equipment matters to you (and it usually does), consider asking for an upgrade.As with all compensation-related negotiations, remember the tax implications Just because something is not coming to you in the form of cash does not mean its not taxable. When in doubt, talk to a trusted CPA.One final piece of advice for negotiating your salaryDont agree to anything that you wont be happy with in the long run. It is better to walk away from a negotiation than to accept a compromise that leaves you disgruntled before you start the job.Click on the following link for more negotiation advice.Your resume is one of your most valuable career tools. See how yours measures up, with our free critique.Recommended ReadingHow to Choose Between Job OffersPhrases You Should Never Use During Job Offer Salary NegotiationHow to Handle the Dreaded Salary Interview Question

Thursday, November 21, 2019

Dreams of a debt-free life, law student edition

Dreams of a debt-free life, law student editionDreams of a debt-free life, law student editionWhile one dream is dashed Would-be law student who appealed to the public to donate $105,000 for her legal education is now reconsidering law school as a result of all the mean-spirited comments prompted by her quest to pursue a debt-free life. She doesnt want to be in a hateful environment, reports the ABA Journal, and she doesnt want to take on tremendous debt.... another is about to be realizedDebt-less law student with $160,000 job lined up has $140,000 set aside for a down payment and a great credit score now he just needs the perfect digs in which to begin his BigLaw life. hat tip to Above the Law- posted by vera