5 tips for interview preparation

1.When preparing for an interview, put yourself in the shoes of the interviewer. Based on your CV what areas would you want to explore further and how might they assess whether you have the competencies required for this position? Come up with some questions and consider what examples you could give.

2. Research the interviewer. It is all very well (and necessary) to research the business you're hoping to join, but what about the interviewer themselves? Do you know their background? Use the tools available to everyone: company website, social media profiles or other contacts of yours who might know them - certainly your recruiter. Knowing more about them might help to identify shared experiences and areas to focus on (e.g. for accountants you might both have qualified in small practice).

3. Check where you're going. If you don't know the route, or are having to rely on public transport to get you there, make sure you're 100% confident you know where they are and how long it will take you to get there. You should ideally aim to arrive at reception around 5 minutes ahead of time (any more than 10 minutes early is just annoying).

4. Make sure you can get away from the office. If you have arranged an interview at lunchtime or after work, it's a good idea to make casual reference to a personal appointment you have to attend (e.g. lunch with a relative or dinner with a friend). This can be communicated informally to avoid suspicion, but will reduce the risk of you being asked to attend a meeting or to work late at short notice. 

5. Avoid rehearsing detailed answers. Preparation is essential to leaving a good impression with an interviewer, but over-preparing your answers to potential questions can be risky. You run the risk of hearing the questions you want to hear, rather than what is being asked, and you're likely to sound robotic in your rehearsed replies. 

Counter Offers - they're back!

With job market conditions rapidly catching up with pre-recession levels of demand, we’ve seen a steady increase in the number of counter offers being used as a means to try to retain staff who’ve secured an offer elsewhere and tendered their notice.

As demand for staff rises, availability drops, and with employers focused on making the most of the economic recovery, retaining experienced staff is high on the agenda.

Good news for employees, not so good news for recruiters who, having invested a significant amount of time managing the process to this stage, can then experience last minute drop-outs from jobseekers who are persuaded to stay. A quick search online will throw up dozens of blogs and articles about counter offers, usually written by recruiters, quoting unsubstantiated statistics on the number of people who end up leaving their employer six to nine months after accepting an offer (usually between 80-95% - take your pick or, better still, read Mitch Sullivan's investigative blog on this subject). The overriding message being: don’t do it, take MY job!

There may well be a high proportion of individuals in this situation who do ultimately decide to move on after promises have been broken further down the line, but even so, unless there is a history from the individuals’ specific employer/line manager, I’m not sure this is relevant enough information to be basing important career decisions on.

For me, when a jobseeker decides to accept a counter offer, what this really tells me is that:

a) the other opportunity wasn’t good enough in the first place, or 

b) the candidate never really wanted to leave their employer, they just wanted better reward and commitment from them. Maybe they’ve discussed this with their manager and it’s fallen on deaf ears, or maybe they just feel this is the best way to force their hand?

I do however believe there is some truth in the often-stated claim that going through a counter offer process breaks a level of trust with an employer, especially if the employee had not raised any dissatisfaction previously. I also believe financial boosts alone are short term solutions that will often reoccur when the employees next salary review takes in to account the unplanned increase that’s already taken place.

From the employers perspective it’s also far from ideal. How will this affect the employees trust and buy-in to the business when it’s had to get to this stage? You can be sure at least one of their close colleagues will be aware of the situation and may now decide to go through a similar process themselves to increase their financial position.

In an ideal world, counter offers would never need to happen. Employers would regularly assess the ability, value and career aspirations of their staff and employees would have the confidence and opportunity to discuss any issues and frustrations openly. Jobseekers would only reach offer stage for positions they know they would be willing to leave their current employer for, and then, and only then, recruiters might then stop quoting those tired old statistics.

Interview myths - never talk negatively about your previous employer

It’s a commonly held belief that you should not talk negatively about previous employers/managers when interviewing.

Why?

If you’ve been working overtime to clear up the mess left behind by shoddy processes and a temperamental boss who doesn’t know what they’re doing, why should you fall in line and be expected to come up with some other reason for wanting to move on?

Maybe your boss has his or her favourites in the team, who they’d prefer to give the interesting work and promotions to, and this isn’t based on merit, but on who accompanies them to the pub most often to listen to their tales of business dominance.

So what should you do if you find yourself in this situation and you’re asked at interview why you’re looking for a move?

Tell the truth! 

It may be negative, and you would probably be wise not to go in to granular detail about all the goings-on, but if you can explain the key reason/s without getting personal and put any examples in to the context of how they have a negative impact on work performance or on your career development, then these are perfectly valid reasons and therefore a prospective employer should have no reason to cause alarm.

Exercising some discretion is of course advised, but it’s far better to be open and honest than to conjure up some alternative reason, which may come across as vague and lead them to assume (rightly) that there’s something you’re not telling them. 

Have you found yourself in this situation? How did you deal with it if so?

How to follow-up after an interview

Creating a good impression to a potential new employer can be a stressful process. We all know the importance of first impressions, but the do’s and don’ts of leaving a lasting impression are not quite so clear.

So when you’ve attended an interview and come away knowing that you will be devastated if you don’t secure the role, it’s natural to start worrying about whether there’s more you could have done during the meeting and if there’s something else you can do now to increase your chances.

Maybe I should have said this? Maybe I shouldn’t have said that? Perhaps I should connect with her on LinkedIn and stress again how keen I am? Or maybe send an email?

Now, when you’ve arranged the interview directly with the employer (with no third party/recruiter involved) this may well be wise. It should in fact have been actively encouraged by the employer. They need to know if the role appeals to you and whether you would like to progress to the next stage if invited.

However, if you’ve been introduced to the employer by a recruiter, they have intentionally appointed a third party to help with the process and will anticipate feedback to be collected and passed through via the appointed recruiter. Very rarely in this circumstance will it be encouraged or expected to make contact directly. Contrary to some advice I’ve read online!

This needn’t take away the level of influence you can still have on the process however. Firstly, be quick in debriefing your recruiter on how the interview went. The quicker you can provide feedback to them, the quicker they can pass this through to their client, which will be appreciated. It’s also important to be specific in what appealed to you about the opportunity and how and where you feel your experience/skills will be well utilised.

It may also be worthwhile putting together a carefully composed email to your recruiter as a follow-up, expressing your interest in the position. Discuss it with them and see if they feel it could help for them to forward the email on themselves. This won’t come across as pushy as sending it direct, but will still give you the opportunity to get your message through.

The dangers of one stage interview processes

For recruiters, recruitment processes with just one stage of interviewing can be very appealing. Less time spent arranging interviews, and generally a quick process to manage with fewer decision makers for the applicant to please/upset. In most cases however, this is a false economy.

It may be convenient for an employer to reduce the time spent interviewing during busy periods or for urgent hiring requirements, and in some instances, such as when it’s for an interim assignment it’s also convenient and anticipated by the potential employee. But in other cases, these one stage processes often do not provide the opportunity for potential candidates to build up enough of a connection to the employer or hiring manager.

Recent recruitment industry surveys in the UK have shown that whilst demand for staff is on the increase, the availability of candidates is decreasing, which inevitably means that jobseekers who are actively interviewing will have more options to consider. Whilst on the one hand it’s important to move quickly in order to secure high calibre candidates, if the focus is all on speed of hire, the candidate engagement process will be compromised, which could lead to offers being rejected as candidates join competitor businesses.

For the instances when time is at a premium, adding in a 15 minute telephone interview to the recruitment process can make all the difference, even if only for the preferred applicant. It adds another layer of selection in to the process, giving the candidate confidence that they’re being selected on merit, not just availability, and crucially it allows them time to reflect on the opportunity after their first meeting, so they can follow up with any questions or raise any potential concerns they might have. The chances of them accepting any offer would undoubtedly increase and potentially save the employer having to go back to the drawing board.

Do you agree, or you do feel one interview should be sufficient to identify and attract the right candidate to your business? Please add your thoughts below. 

#AskBalance - Career Advice for accountancy and finance

Back in April, we started a new 'ask the expert'-style feature at Balance Recruitment - #AskBalance

First up as our resident expert was Tony Vickers. Tony heads up our accounting division recruiting in to Commerce & Industry. He has this year been crowned 'Best Permanent Consultant' at the Global Recruiters Awards, and 'Recruiter of the Year' in the Recruiter Awards for Excellence.

See below one of the questions answered by Tony, and click here to see the full feature. 


I'm a qualified accountant looking for my first role in industry.  What are my options?

Completing your accountancy training in practice is a solid grounding for a move into industry.  Whether you qualify as an ACCA or ACA or in a small, mid tier or top 4 practice; there are plenty of options for you.  The most common move for someone at a newly qualified level would be to take a role either in internal audit, group finance or financial accounting.  It is less common for newly qualified accountants to take a first step into a commercial/analytical role which tend come once you have cut your teeth in industry in a more traditional accounting role.  Generally those FTSE 250 businesses tend to favor people with a ‘top 4’ background however this is not always the case with those training in a smaller firm tending to gain a greater breadth of experience which is valued.

Ask Balance

Do you have any questions you'd like answered in relation to recruitment, interviews or a career in accountancy?

We've launched an 'Ask Balance' feature over on the Balance Recruitment website this week, and my colleague Tony Vickers is first up in the chair. Tony has been recruiting for finance and accountancy staff in London for over 10 years, working with some of the worlds best known brands across a variety of sectors. 

He has been shortlisted for the 'Agency Recruiter of the Year' Award at this years Recruiter Awards for Excellence, and is eager to take your questions. 

Get involved here: #AskBalance