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Talent Tip #86: Seven MORE Questions to Ask Before You Commit (Advice for Interviewing and Dating)

December 13, 2016

Seven More Questions-01Talent Tip #86: Seven MORE Questions to Ask Before You Commit (Advice for Interviewing and Dating)

 

Last month we offered up questions that would serve us well to ask before taking the plunge (whether it be dating or employment).

Your response was fantastic — and enlightening! This month I’m sharing some of the questions you suggested I add to the list.

Not surprisingly, many of the suggested questions were related to finances. After all, they say the number one cause for marital trouble is money; no doubt, it can cause plenty of trouble in employment situations, too!

Without further ado, here are more questions to ask before committing to an employment or romantic relationship:

 

  1. How much money do you have in your bank account? How much was in it five years ago and how much do you expect will be in it five years from now?
    Here you are trying to understand whether your potential partner is financially stable and whether his bank account has a positive or negative trajectory. (And for dating situations, ask if he lives in his parents’ basement.)
  2. With respect to finances, what’s your burn rate? What’s the breakdown of how you spend your money?
    Do you and your potential mate share financial priorities?
  3. If a financial downturn were to occur and money got tight, how would you react? Do you have a rainy day fund?
    Does the person have a plan in place for fluctuations in income? Will he adjust spending habits or continue as though he has money growing on trees in the backyard? (For dating situations, ask how much he has in his 401k.)
  4. What are your objectives for the next year? Two years? Ten years? Do you have the financial resources to make that happen?
    With these questions you are trying to determine if your potential partner has a vision for the future and the means to achieve his/her goals.
  5. Why is this role important to the big picture?
    Is your role critical or are you just a cog in the wheel? Think about how unhappy you will be if you land in a role where you feel dispensable.
  6. Describe the relationship you have with those who support you.
    For employment situations, you want to know how the person treats donors; for dating, you want to know how the person treats family and friends. Does he view the relationships as transactional or ones built on common values and trust? Does he tend the garden carefully or expect a crop after ignoring it for months?
  7. What values and principles guide you?
    A potential mate probably won’t immediately confess to being morally challenged, but why not ask the question? You’ll know pretty quickly if the person gives the topic much though. But don’t stop there; ask friends and associates familiar with your mate what they think. Sadly, I’ve heard about countless relationships failing when one party realized the other’s moral compass was faulty.

There you have it. Thanks to all who shared feedback and offered suggestions. And keep me posted on how your relationships are going…romantic and otherwise!

 

Talent Tip #85: Eight Questions to Ask Before You Commit (Advice for Interviewing and Dating)

November 16, 2016

As you know, I am fond of comparing interviewing to dating. And why not? The goals are the same: a prosperous, long-term relationship.

Sadly, I’ve heard from more than one friend lately who thought he had made a wise commitment, only to learn after the honeymoon was over that it was not a good match. In retrospect, he realized more questions should have been asked before making a commitment.

I know what you’re thinking. Is Claire referring to dating or employment?

Exactly.

Here are some questions that would serve us well to ask before taking the plunge – whether you’re on a date or a job interview.

  1. How long was your prior relationship? How about the relationship before that?
    Here you’re looking for a track record. If past tenures were all short, this could be a potential red flag.
  2. What happened to the last person in this position?  Did he/she choose to leave or was the person summarily dismissed? Why?
    Again, you are looking for patterns and potential problems. Is everyone heading for the hills for the same reason? Does this person have standards that are impossible to reach?
  3. What have you learned from your prior relationships? If you could have a do-over, what would you do differently?
    With these questions you are trying to determine if your potential partner becomes wiser with experience or if he/she continually makes the same mistakes. You are also looking for signs of humility; does the person admit fault? Or does blame always get passed along to others?
  4. What are you looking for in your next relationship? What are the traits that will make this person successful? And how do you define success?
    Are you what they want? Or would you have to pretend to be someone you’re not to keep them happy? Do you share the same values? And do you think success is attainable as defined?
  5. If I were to ask the people who know you best for their honest assessment of you, what would they tell me? Would you mind if I talked to some of them, including the person who was last in this position?
    If the person breaks out into hives when you ask these questions, you may have touched a nerve. Are they trying to hide something? Or do they welcome the opportunity for you to learn more?
  6. What can you tell me about long-term possibilities and growth?
    Here you are trying to asses your long-term potential with this partner. Do you see opportunities for growth or are you sitting down with a commitment-phobe who doesn’t have your best interests at heart?
  7. If I were to join you, how are we going to change the world?
    Does your potential mate have a vision for the future? Does his/her response inspire you?
  8. Are you a dog person, a cat person, both, or neither? Explain.
    Clearly, this question gets at long-term compatibility.

I’m curious to hear from you about your own experience. What questions have you found to be valuable? And what questions have you kicked yourself for not asking? And is anyone aware of a cat person and a dog person who live together in harmony?

Talent Tip #84: Culture Matters Part Deux: How Current and Prospective Employees Should Consider Culture

November 14, 2016

Talent Tip #84: Culture Matters Part Deux: How Current and Prospective Employees Should Consider Culture

 

Last month a friend in the liberty movement shared thoughts on how culture can attract (or repel) talent. We must have struck a nerve, as the response to the article was substantial.  Because of that, I’m continuing the culture discussion by sharing one of the responses I received from my friend Dan. I hope you enjoy it!  

“I really appreciated this month’s talent tip on culture. Fortunately, it’s been a long time since I worked in an “Office Space” environment, but I was nodding in fervent agreement while reading about the importance of a healthy working culture.

Certainly HR and executive team members are ultimately accountable for the culture, but all of us from intern to CEO play a role in maintaining and improving the culture. If I could add one thing to the talent tip, it would be that everyone has a role in shaping workplace culture.

Here are a few things I’ve learned that may be helpful to folks like me who aren’t managing anyone at the moment. The first two are tips on how to avoid a bad situation in the first place (therapy is awfully expensive), and the last one is what to do if/when we’re stuck like a voter in this year’s election.

  1. It’s not you. It’s me. I accepted one of my first jobs because I liked the hum of the fluorescent lights in the office. Seriously—face palm, right? I didn’t know enough about myself to recognize what a very bad fit I was for that position and how very different my working style was to most everyone else there. You can guess how that ended. I would have saved myself a lot of pain and suffering by taking a look inward and not accepting that position in the first place. After another bad fit, I finally stopped and asked myself: what do I want in a working environment? What characteristics do I want my colleagues to have? What has your best job been thus far? The worst? It wasn’t an easy process, and for a long time I had a U2 song in my head. But, with the help of a trusted friend or two, I figured it out. I’ve been much happier since.
  1. It’s not me. It’s you. A bit later on in my career, a job opportunity came along, but there were warning sirens going off all through the interview process. I took the job anyway. I lasted there four months—which is precisely how long it took me to find another job. Thankfully I had learned my lesson, and that next gig was a much better fit. Turns out deciding what you want and then ignoring it is almost as useful as a handbrake on a canoe.Once I knew what I was looking for, it made it easier to research potential employers. I learned to only apply to places I thought I might fit. If I got an interview, I always had a couple of questions about culture. I don’t think it’s a coincidence my work life started to improve when I was more up front during the interview process. When you are real with potential employers, chances are much higher you’ll both make a mutually beneficial decision.
  2. It’s a bittersweet symphony. After three years, the company where I worked was bought out by another firm. During the merger, the culture changed rapidly. Especially once layoffs started being announced. Every Tuesday morning. For three months. Thankfully, I haven’t been in many situations like that. When I do find myself in a less than ideal situation, I first ask myself if my expectations are realistic. After all, no workplace is perfect. Then, I assess if I can change or influence the culture. It isn’t easy, but minor changes in attitude or going out of the way to be helpful make a big difference. Sometimes, repeating I can change I can change I can change like the little engine that could (or the Verve) is helpful. More productive is teaming up with a trusted supervisor or HR person. Final question: is it worth it to change? I had a coworker at the aforementioned company tell me to trust my instincts, and I would know when it was time to leave. She was right.

Hopefully in our line of work the answer to “is it worth it” is a resounding yes, but that’s no excuse for a lazy approach to our culture. I’ll use something I heard at SPN Annual Meeting during a session featuring Dr. De Hicks. He said ‘If behavior is an iceberg, the water is the culture because it affects everything else.’ There are a lot of dysfunctional corporations filled with talented people. Some of them might even love Mises to pieces. Let’s have the best working cultures to attract and retain the best and the brightest so we can promote a culture of freedom. After all, culture affects everything else.”

Talent Tip #83: Culture Matters: Cultivating a Culture That Attracts and Retains Talent

September 20, 2016

Talent Tip #83: Culture Matters: Cultivating a Culture That Attracts and Retains Talent 

The following was written by a friend in the liberty movement. This description of why culture matters is better than anything I could have written; so, this month I’m giving my friend the floor. 

In the U.S., studies have shown the most depressing time of the week is early afternoon on Sunday. Can you guess why?

For some, maybe it’s conviction after a Sunday morning sermon. Maybe it’s the buzz from Saturday night wearing off (take that however you want). During football season, it may be due to our favorite team not doing very well. The rest of the year it may be because there isn’t any football to watch.

It’s actually none of these. Sunday afternoon, around 1 or 2 pm, is when most of us feel like the weekend is winding down. As a result, we start to think about our upcoming week at work. We get ready to slog through another 40 hours, gearing up to deal with those TPS reports and a boss who exemplifies the Peter principle.

Unfortunately, the reason a movie like Office Space is so funny is because many of us can relate to it. A good friend who was working in a dysfunctional environment hated going to work. He took another job where the expectations were more reasonable, and where he felt he would be more appreciated—for 60% of his former salary. Not all of us are in a position to make such a drastic move, but the point is a significant amount of money wasn’t worth the headache. Culture matters.

There is a flip side to this culture coin. Another friend of mine was approached by an outside organization three separate times and politely declined each time because she was happy where she was.

How can we create an environment where wild horses can’t drag our best employees away? First, for leadership:

  •     Figure out what culture includes. If you haven’t already, the leadership team needs to decide how you want employees to interact with each other…and maybe what behaviors you want to avoid. Aim for a handful of general guidelines that apply to a variety of situations but are clear enough to be understood. Maybe you have set expectations but it’s time for a culture audit. Either way, proceed with caution: when you ask employees to be candid about culture, you’ll find out quickly what level of trust they have in you, for good or bad. You may hear something you don’t like or haven’t noticed. Remember not to shoot the messenger or you’ll end up shooting yourself in the foot.
  •     Then work to set culture intentionally. When two or more people work together, in person or remotely, there is a working culture. Are you leading the charge to create a great working environment? How will you recognize those who are adding to your culture? How will you hold people (including—especially—leadership) accountable? If there are cultural problems (lack of urgency, lack of trust, lack of teamwork, just to name a few), first stop the bleeding. Then work to reverse the damage. It takes time, patience, tough decisions, and resolve. The efforts are well worth it. Your best people will stick with you and you’ll be able to attract great talent that fits into your organization.
  •     Watch for mission creep. Why is this part of culture? Because internally motivated employees are a great asset to a working culture. If Jane signed on to help stop regulatory overreach, and now the main focus of the organization is education reform, is Jane still passionate about her work? Maybe, maybe not. The important thing is to have the discussion. Employees should be encouraged to raise questions if they don’t see how new initiatives fit the mission. Likewise, supervisors should have a conversation if an employee is constantly veering toward work that doesn’t align with the mission.

You may be saying, these are great, but they are pretty broad. Are there any specifics I can look into when assessing culture?

  •     When’s the last time your board of directors heard about turnover rate, morale, working environment, etc.? They’re your advisors for a reason.
  •     Who is leaving and who is staying? If your best talent is heading for the exits, you’ve got a problem.
  •     Are expectations clear for everyone, both for quality of work and workplace behavior?
  •     Take care of bad hiring decisions (which do happen, even to the best of us). Your great performers will thank you, and wonder why it took you so long.
  •     What gets rewarded gets replicated. What are you rewarding?
  •     Are you thanking people for the good work they do? The first time I had a manager tell me I was one of the best employees in my position meant a lot. But, the timing was bad…since it was at my exit interview.

There are no quick fixes to building a great culture. Roll up those sleeves, take a hard look at what needs improvement, and create a better office space for yourself and all those who work with you. You’ll be glad you did.

Talent Tip #82: Five MORE Tips for Discussing Salary During Your Job Hunt

August 16, 2016

Talent Tip #82: Five MORE Tips for Discussing Salary During Your Job Hunt

Last month we offered you five fabulous tips for discussing salary during your job search — all for the low, low price of zero dollars. Amazing, right? What if I told you I would throw in five BONUS tips for FREE (plus shipping and handling) this month?!

Well, in true infomercial fashion, I’m going to do it. But remember, this is a limited time offer!

1. Know Thy Market – As we discussed last month, you’ll want to consider market conditions when determining your desired salary range. Make sure to take into account current economic trends, cost of living, demand for your skill set, etc. One of the quickest ways to be eliminated from the running in a job search is to ask for an outlandish salary that doesn’t reflect the current market (and your market value!).  This is especially true when you’re interviewing with a nonprofit organization. Remember that 990s will provide useful information about an organization’s recent budget and pay scale.

2. Stop Talking – If you haven’t already provided salary information in an application or cover letter, you might find yourself sitting in front of the hiring manager and being asked, “What is your desired salary?”It sounds daunting, but of course, you’ve already done your homework and you have a range ready. So, you say it. And then what? Nothing.

The best bit of salary advice I’ve gotten came from a fellow who told me, “After you answer the salary question, stop talking.” Too many people can’t stand the deafening silence that occurs after the number has been uttered; therefore, they keep talking…and talk themselves right down to a lower salary.

Let’s all learn something from Joe Biden and know when to stop talking.

3. Don’t Play Reindeer Games – Pretty please with sugar on top: resist the temptation to play games during salary discussions. Don’t ask for a higher salary than you want because you are worried about being low-balled. Don’t attempt to play multiple organizations off each other in hopes of ratcheting up competing offers. Don’t be evasive, dishonest, or manipulative.

4. Bring Up Salary if They Don’t – Once in a while I’ll hear from a candidate who tells me something like this: “I have had multiple phone interview with an organization and now they want to fly me across the country for in-person interviews. While that’s great news, they have yet to ask me about salary. Is that a problem?” Well, if you value time and money (yours and theirs), YES!

Why fly across the country for an interview before knowing if you and the hiring organization are on the same page (or at least the same chapter!) in terms of salary?   Out of respect for yourself and the organization, bring up the topic before a flight is booked. It doesn’t have to be awkward or painful; simply say, “I would love the opportunity to interview in person. Before we do that, though, I thought it would make sense to briefly discuss salary to make sure we’re roughly on the same page.”  Hiring managers will appreciate your thoughtfulness — especially if it turns out you’re worlds apart and you save them $1500 in airfare and hotel charges! The situation is less dramatic with local interviews, but the point remains.

I’ll never forget hearing from a executive who told me he interviewed a candidate five times and only asked about salary right before making an offer.  The candidate wanted a full 50k more than he could afford to pay. Oops. (And that, my friends, is why I ask about salary up-front; I value my clients’ and candidates’ time too much to do otherwise!)

5. Consider the Complete Package – When you get an offer, don’t just look at base salary. Consider bonus potential, health insurance, retirement benefits, cost of living (if you’re moving to a new city), growth potential, and other perks (gym memberships, parking, tuition reimbursement, etc.). Don’t be afraid to ask questions about specifics, as the devil is often in the details.  For instance, if the organization is touting BIG bonus potential, ask what the average bonus was last year. If they sheepishly reply it was $100 and a membership to the Jelly of the Month Club, good to know that up-front!

Talent Tip #81: Five Tips for Discussing Salary During Your Job Hunt

July 19, 2016

Talent Tip #81: Five Tips for Discussing Salary During Your Job Hunt 

Life is full of painful but necessary events: visiting the dentist…paying taxes…watching a Lifetime movie marathon at the request of that special someone…discussing salary during a job hunt.

Unfortunately, I’m not well-equipped to help you deal with the first three; but on that last one, I’ve got you covered! In fact, I’ve put together ten tips to help make the process painless. Here are the first few:

 

1.   Be Ready to Answer the Question, “What is Your Current Salary?”  – If you’re applying for a job, you’re going to get asked about salary at some point. Don’t be caught off guard when the question gets tossed your way. And, for the love of money (pun intended), be ready to answer!

You would be surprised how many people cannot actually remember their exact current salary (“Well, I was making 60k, but I think I got a raise last year to 62,500…or maybe it was 63k. I don’t know.”). Before you start your job hunt, pull out your W2s, 1099s, or last year’s tax returns and figure it out. In addition to salary, you should also know how much you made in bonus and a rough idea of your benefits package.

UPDATE JANUARY 2018: Several states and cities around the country have started banning employers from asking candidates about previous salaries during the hiring process. Furthermore, employers are prohibited from taking a candidate’s pay history into account when determining a new salary offer. Please visit here for more on this topic.

2.   Be Ready to Answer the Question, “What is Your Desired Salary?” – Another critical piece of information you’ll need at the ready is your desired salary. I usually suggest candidates have a range instead of just one number so that you have built-in flexibility. A range should span roughly 5-10k for mid-level employees and 10-20k+ for senior staff with higher salaries.

3.   Don’t Give the Heisman – Sometimes candidates try to hedge when asked direct questions about salary. My favorite candidate response is, “I’d prefer to talk about salary later in the process.” Well, I’d prefer to be independently wealthy and have fewer crow’s feet, but we can’t always get what we want.

In all seriousness, think about why hiring organizations want to know a candidate’s salary expectations up front. It’s because they have limited resources (time and money), and it simply doesn’t make sense to invest hours of interviews with someone whose requirements are significantly higher than the organization can afford. So, instead of stonewalling, be ready to provide your range with a smile on your face.

4.   Honesty is the Best Policy – As noted above, you will likely be asked about your current salary. You may even be asked for a salary history dating back some years. Whatever numbers you are asked for, be honest. Some organizations engage in employment verification to confirm prior employment and salary. If a candidate is caught in a lie, it’s all over but the shouting.

5.   Do Your Homework – Some of you probably read #2 above and thought, “But how do I know what my range should be?” It’s not as complicated as some think; but you will need to take into account a menagerie of factors, including your most recent salary/salary history, your experience, your tenure in each position, the role at hand, the budget of the hiring organization, geography, education, and market conditions. The more homework you do, the more comfortable you will be when it comes time to discuss salary with a potential employer.

 

Due to space constraints, I’ll save the last five tips for next month’s e-newsletter. In the meantime, I’d suggest visiting the dentist and blocking the Lifetime channel from your cable package.

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Claire Kittle Dixon
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