Researching A Potential Employer

The unemployment rate has recently dropped to a low of 8.5%. That is the lowest rate that it has fallen to in quite some time. Job seekers are being presented with a few more options from potential employers. It is important for job seekers to do their due diligence before accepting any offers. You do not want to accept a job offer just to find yourself quitting the same job a few months later. That is why you need to do your homework first. Here are a few things that you need to look at before deciding on a job offer.

Research potential employers online

Whenever you start a new job you want to know what type of company you are going to work for, especially in the current market. With layoffs becoming common place, you should have all the facts before you accept a job offer.There are so many ways that you can investigate a company including looking into their accounts and searching for customer reviews. In the end you need to know whether that particular company is going to be the right place to work for you. This includes paying you on time and doing well financially. These tips will allow you to brush up on a company but beware take reviews and comments with a pinch of salt.

Have a look into the company’s finances

In reality a company that is going through a rough patch is not going to be a great place to work. In most cases you will be expected to deal with situations arising from their poor financial state. You may also be faced with a negative atmosphere in the office. You should make sure that the company you are applying for has a solid financial status by completing a company search so you can gauge the success of a company. You can also see whether they have been involved in any litigation proceedings.

Have a look for employees on social networks

You can generally measure the atmosphere in an office by looking at past and present employees’ presence on social websites. LinkedIn is especially good for this. It can help you can see how long people worked at the company. If the company has a high turnover rate then you may find that the company has difficulty holding on to staff. Be advised that certain sectors will have a naturally high turnover especially the sales industry. You can also see what present employees think of a company. They may post status updates about working at their current companies. You can also see what customers think of the company by looking at mentions on Twitter and online reviews.

Have a look at competitors

Who are its competitors and how do they compare to the company? You can compare wages, job descriptions and financial situations with companies in the same industry. This will give you some idea of how the company is doing and whether they are offering a fair wage for the job you will be doing for them.

It is important to fully investigate a company before you start working there. In this current economic climate it is important to secure a job with a reputable firm. You do not want to waste your time with a company that will be going out of business quickly. Many of these hints and tips will give you an insight into a company but don’t forget to trust your instincts.

7 Responses to “Researching A Potential Employer”

  1. avatar Jai Catalano says:

    Great point. We always take it for granted that we need or want a job but the values of said company might not be to our liking.

  2. avatar Mits says:

    Great Article, I recently left a job at my local supermarket as they weren’t able to give me any hours. I finally found full-time employment for Best Buy UK, and within a few months they closed down and I’m out of a job. Even when I was there, there were rumours going around that the company was going to close down. But I didn’t take it seriously.

    Before I accept another so called permannet job offer, I am going to research the company….

  3. I like using Glassdoor – it shows a lot of stuff about salary and benefits, as well as having reviews.

  4. Researching an employer is so important because every company has their own culture. They each have their own values that may or may not fit with the job seeker’s values.Be sure to look into the company’s mission statement, employee programs, and community involvement before decided if that company is best for you.

  5. avatar FG says:

    You can also go work for yourself. ;)

  6. avatar Big J says:

    Yeah, I definitely agree with this. I just went through a job search myself, and one thing that really concerned me was whether or not the position I applied for was going to exist long term after I accepted it. In my industry there’s no real good way of knowing this, it comes down to feeling. I certainly feel though that my new job has a much better chance of stability than the one I’m leaving.

  7. Some good points here. It’s always good to do as much research as you can beforehand… before you committ to the company.

  8. Interesting thoughts on looking at employers and how much to know – I’ve never thought of looking up employees on social networks!

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