27 August 2015
You’ve been invited back for an interview, congratulations! However, instead of a one-on-one interview like you expected, you will be interviewed by a panel. While the thought of being asked rapid-fire questions by a group of hiring managers can be nerve wracking, there are actually some upsides; you’ll be meeting multiple people you may end up working with and the interview process may move faster. To help make the most of this type of interview, here are 4 tips to help you prepare: Understand how the panel interview might relate to the role Based on the job description and requirements of the role, there may be a reason why the hiring manager has chosen this format for an interview. For example, panel interviews may be conducted as an alternative to individual interviews because the hiring manager wants to see how you interact with others—especially when you are interviewing for a role where you will be working as part of a team. Research who will be on the panel Knowing who will be on your interview panel and their role within the company is important, so ask the person who contacted you for the interview about the panelists themselves. This way, you can understand which skills and experiences to highlight based on the people in the room. For example, during your interview, you’ll be asked questions by different members of the team; therefore, doing research on the panel beforehand may help you tailor your responses to each person’s role within the company. Learning more about the panelists can also help you anticipate the types of questions you’ll be asked so you can prepare your responses accordingly. Though you won’t know for sure what questions you will be asked, rehearsing or conducting a mock interview with a friend or family member can help you feel more confident and prepared. Engage the entire panel It’s important to address all of the interviewers when answering questions. While it can be difficult to remember that other people are in the room when answering a question asked by one person, try and answer the questions in a way that includes everyone on the panel. To do this: Introduce yourself to everyone; Make eye contact with everyone when answering questions; Try making connections between each panelist’s questions by referring back to previous inquiries and responses. Doing this shows that you have the big picture in mind and are able to draw parallels between each carefully crafted question. Send personalized thank you notes Once you’ve left the interview, your interviewers will meet to discuss your meeting. No matter how you feel your interview went, it’s important to send a personalized thank you note to each panelist. Just remember, your interviewers most likely all work in the same office and will be discussing your considerate follow up note when they convene to make their decision. Since sending all the interviewers the same thank you note can look insincere and lazy, address each person individually and briefly mention a topic you discussed during the interview. End your note by thanking them for their time and reiterating your interest in the role.
27 August 2015
Last week, members of The Execu|Search Group’s Information Technology division attended an AngularJS NYC meetup, which was organized and hosted by Google. At the event, Angular 2 developers had the opportunity to learn about a tool that could make their work more efficient, network with like-minded professionals, and hear presentations from start-ups that could be hiring. “As a division that works within such an ever-evolving industry, events like these give us the opportunity to learn about new trends and gain a better understanding of the roles we are recruiting for – allowing us to better serve our clients and candidates,” says Ryan Richard, a Technical Recruiter within The Execu|Search Group’s Information Technology division. “At this particular event, we were able to connect with developers, many of whom just moved to New York and possess hard-to-find, in-demand skills. We’re looking forward to helping them find opportunities that meet their needs and long-term career goals.”
26 August 2015
This is part of a series of testimonials from candidates who have successfully been placed by The Execu|Search Group. This testimonial comes from Caleigh Orzel; you can find our past testimonials here. Caleigh connected with Marlene Napoli, an Executive Recruiter within The Execu|Search Group’s Health Services division, at a nursing job fair in New York City. As a Registered Nurse with a Bachelor’s of Science in Nursing, Caleigh was well-equipped and ready for her next opportunity. Originally from Meriden, Connecticut, she wanted that next opportunity to be located in the big city. She partnered with Marlene to help her find it. Caleigh had a positive experience and was happy to speak with us about what it was like to work with The Execu|Search Group. On her background… I graduated from the University of Rhode Island in December of 2011 with a Bachelor’s of Science in Nursing and started working as a Registered Nurse in March 2012 on a medical-surgical-telemetry unit at an acute care community hospital in Connecticut. The hospital provided me with a strong skill set and helped me enhance my confidence, critical thinking skills, and interpersonal and communication skills, but after three and a half years, I knew I wanted a change. Specifically, I wanted to leave the bedside but still utilize my medical and nursing knowledge. I was eager to move to New York City, but was hesitant about making a drastic change in such a new environment. This led me to a New York nursing job fair where I met Marlene. On what she was looking for… I was looking for a job that fit my interests but also expanded my career. Marlene always listened and understood what I was looking for in a job, which was extremely important to me. She was patient throughout my job search and always had my best interest in mind. On how TESG worked to meet her needs… Throughout my job search, Marlene was very supportive and was always just a phone call away, which was reassuring. She was personable, informative and professional, and continuously kept me updated on new available positions that I might have been interested in. On preparing for the interview… Marlene was very attentive throughout my job search, especially with the interview process. She ensured I was prepared for my interview in numerous ways. We discussed professional presentation, went over my questions and concerns, and even met up to review potential interview questions. Marlene provided me with continuous advice, recommendations, and feedback throughout the interview process that greatly contributed to my success. “Caleigh was wonderful to work with. We kept in touch after meeting at the job fair, and once she was ready to start her search, we were able to find something that aligned with her skills and career goals,” says Marlene. “Throughout her search, I felt like we had a great partnership. She is an exceptionally smart, professional, and driven individual.”
26 August 2015
There’s a lot of talk about company culture as of late, but it seems to be one of those terms often used and less often understood. What is it? And how does it affect you as a job seeker and an employee? Company culture, at its simplest, is how things are done within a specific company. This encompasses a company’s missions and values, how professional or casual the environment is, what level of work-life balance is provided, the level of teamwork or autonomy among coworkers, etc. It’s the overall attitude and face of a company presented to employees and customers. Companies that strive for a positive company culture know a thing or two about employee satisfaction and are striving to achieve it. Everyone wants to be happy at work, and company culture is a key player in employee satisfaction. The companies who strive to build and improve upon a unique culture are typically those who care most about keeping their employees happy, so any job seeker looking for a rewarding opportunity would do well to make culture an important factor in their search. While company culture is often seen as a big picture, it also affects the day-to-day more than you may expect. From how many hours you work per week to whether or not you find the work environment beneficial to your productivity, company culture is a factor. Do you thrive in fast-paced, competitive environments, or laid back collaborative ones? Do you prefer cubicles, offices, or open floor plans? What’s more important to you: a higher salary, or a more flexible work schedule? These are all factors to consider in any job search, and you can ensure your needs are met by targeting companies that foster the type of environment that suits you best. Furthermore, culture can encompass how flexible positions are. In some companies, your job title is firm and you’re expected to do only what’s listed within your responsibilities; in others, it’s encouraged and sometimes even expected that you’ll stretch beyond your official duties to help coworkers, support outer departments, and expand your skills. Knowing which approach you most enjoy and thrive under is a good way of assessing whether or not you’d work well with a prospective employer. By putting this kind of emphasis on company culture and, subsequently, your happiness with your future place of employment, you could also be ensuring more growth potential for yourself. According to an infographic by Entrepreneur, happy workers are 12% more productive than those who are unhappy in their place of work. More productive workers often have more, and better, opportunities for growth and advancement/promotion than unproductive ones—therefore, it can be possible that employees who choose wisely based on company culture and are happier as a result may be paving the way to more career advancement opportunities. Ultimately, company culture is something that flies under the radar for many job seekers but affects their search, interviewing process, and working experience more than they may realize. To learn about how you can assess a company’s culture before taking a job offer from them, take a look at our article How to Ensure the Job and Company Are Right for You.
25 August 2015
Last Friday, New Yorkers were able to start their weekend with some good news from the New York State Department of Labor. At 5.7%, New York City’s unemployment rate had fallen to the lowest it’s been in seven years! In this same report, the Department of Labor noted that the city had added 107,800 private sector jobs in the last year – an impressive increase of 3%, which is greater than the national growth rate of 2.4%. 10,000 of these jobs were created in June and July alone, which drove the NYC unemployment rate down from 6.1% – the greatest decline in New York City history, according to the Deputy Mayor for Economic Development. “As a professional living or working in New York City, now is an excellent time to be a job seeker,” says Edward Fleischman, CEO of The Execu|Search Group. “The improving economy has driven a demand for talent, which has resulted in the declining unemployment rate. This has created a very candidate-driven market where many professionals have the upper-hand and can choose the opportunity that is the best fit for them.” In other words, get out there and start looking!
24 August 2015
On September 15th, The Execu|Search Group’s Bridge Travel Healthcare division is hosting an information session for therapy and nursing professionals on travel healthcare careers! At the event, attendees will have the opportunity to learn about the benefits of pursuing a career in travel healthcare from The Execu|Search Group’s Jordan Weiss and Robert Palermo as well as hear from seasoned travel professional, Eric Conklin, RN, about his experience working as a travel healthcare professional for many years. “Since the demand for travel healthcare professionals is expected to strengthen as the industry continues to evolve, now is the perfect time to take advantage of this opportunity to learn more about the field,” notes Jordan Weiss, Staffing Manager of The Execu|Search Group’s Bridge Travel Healthcare division, who helped organize the information session. The travel healthcare information session will be held on September 15th from 6:30pm-8:30pm at The Execu|Search Group’s corporate headquarters, located at: 675 3rd Avenue, 5th floor, New York, NY 10017. The schedule of the event includes: 6:30-7:00: Networking and refreshments 7:00-8:00: An overview of opportunities and benefits of travel healthcare, including guest speaker, Eric Conklin, RN 8:00-8:30: A question and answer session, with the opportunity to individually speak with Jordan, Robert, and Eric Conklin, RN If you are a Registered Nurse or licensed therapist (PT, OT, SLP) interested in attending the information session, please RSVP to Jordan Weiss (email@example.com) with the subject line: September Travel Careers Information Session. Space is limited, so please RSVP by September 11th.
24 August 2015
The importance of due diligence when working with third-party fund administrators has become a key adoption among hedge funds, funds of hedge funds, and liquid alternative hedge funds since the days of the Bernie Madoff scandal. This emphasis on due diligence has put a spotlight on fund administrators on the buy side throughout the financial services industry. As a result, an increasing number of fund administrators interested in taking their careers to the next level are pursuing opportunities to work in-house for hedge funds. If you’re looking to make a transition, now would be the best time. Ryan Murphy, Managing Director of The Execu|Search Group’s Financial Services division, often coaches job seekers on the benefits of using a third-party fund administrator role as a stepping stone to develop both the technical and soft skills they need to make a smooth transition to a hedge fund. “The role of an external fund administrator has evolved significantly in recent years,” says Ryan. “Today you are not only verifying net asset values and trading positions, but also performing additional administrative and operational services, and providing compliance reporting to support both client and investor needs.” Third-party fund administrators are in a unique position as they usually work closest to the fund managers and as a result, get a glimpse into a hedge fund’s operational processes. Third-party fund administrators interested in making a transition to work in-house for a hedge fund also have a competitive advantage over job seekers working in different financial institution roles. “Unlike working at a bank in operations, for example, working as a third-party fund administrator allows you to build a number of transferable skills that mirror how most hedge funds can run their operations,” notes Ryan. For example, managing the reconciliation process, interfacing with portfolio managers and investment professionals, or completing a variety of back office operational duties is the type of experience that will make you more marketable to hedge funds. If you’re looking to get your foot in the door at a hedge fund, being a third-party administrator is one of the best ways to perfect the skills you need to stand out to hiring managers throughout your job search. “Hedge funds with the right fund administrator in place can save money and avoid costly mistakes that could cost them major profit, so possessing the right skills such as financial product knowledge is crucial,” says Ryan. “Hiring managers are in search of fund administrators that are willing to learn new concepts, systems, and processes to effectively manage a client’s confidential information.” The more you can emphasize how you’ve done this in the past, the better your chances are of being hired by a hedge fund. Additionally, the more exposure you have to different asset classes (e.g., equities, futures, etc.), broadens the types of hedge funds you can pursue employment at. On top of the technical skills, fund administrators should possess a team player attitude, yet have the aptitude to work well independently. Finally, strong communication skills are a must as you should be able to articulate different investment strategies that will serve the client’s needs and help the business to grow.
21 August 2015
As a new employee, you’re probably excited for the opportunity to show your skills and value as a professional. As tempting as it can be to independently tackle as much as you can in a new position to showcase your fit, getting ahead of yourself with excitement can sometimes backfire. When starting a new job, the first few days are extremely important because they set the tone for what kind of employee you’ll become with time and experience. Especially if you are working on short-term assignments and switch jobs often as a result, it’s important to develop a strategy for tackling the first couple of days within a role. So how do you set yourself up for success? Here are a few simple steps to start with: Be a sponge While it may seem slightly counterintuitive to sit back on your first day, this can help you focus on absorbing all of the information that you can. Setting yourself up for success seems like it would entail engaging in your job requirements at full force; however, in your first few days, it’s actually best to take notes and listen rather than try to jump in. There is always a learning curve to every job and every business does things a little differently from the other. Before your first day, designate a notebook for all of the new information being given to you within your orientation period and take notes throughout the first few weeks. Even if you’re scribbling down information at lightning speed, you’ll be able to review your materials later and digest the information at your own pace. Ask questions of the right person While some companies may set you up with a supervisor or someone to whom you can go for information, some do not. Be sure to locate the person who can answer your questions to the best of their abilities, and if they can’t, they probably will be able to point you in the direction of someone who can. Asking questions is the best way to learn about your new workplace, colleagues, and responsibilities. It’s normal to feel a bit nervous when asking questions, but this is just part of starting a new job, and your supervisor will observe you taking an interest in succeeding. Understand exactly what your role entails One of the most difficult parts of starting a new job is feeling out your unique place within the business. The first step is to understand your supervisor’s expectations of you and your produced work. Once you know where you need to be, then you can work towards getting there. Looking to senior members of the team can serve as a reference point—for a start, observe what others are doing and how they handle their workload and interact with colleagues. For those engaged in short-term roles, one of the most difficult aspects is that they may be required to hit the ground running. It can be tempting to try and leap into a mountain of work to demonstrate a “can-do” attitude, but exhibiting focus and the willingness to learn can prove to be even more useful in the long run. Sometimes, temp jobs can turn into permanent positions—and your ability to absorb information may set you apart from others in the running for that position.
20 August 2015
Hiring is picking up quickly in the accounting sector, with both public accounting firms and firms in the private industry showing exponentially increasing needs for talent across the board. According to our recruiters, the marketplace is as candidate-driven as ever—if not more—and employers are having a difficult time picking up enough talent to fill their open positions. Currently most in-demand in the public accounting field are tax and audit professionals at the senior and manager levels, to ensure firms maintain internal controls and financial reporting standards. In the private industry, there are needs across the board, especially for professionals with experience in SEC reporting, hedge fund and private equity firms, Real Estate Investment Trusts (REITs), and Business Development Companies (BDCs). In general, most needs are for candidates within the 2 to 10 year experience ranges. The cause of this hiring gap is partly a result of fewer people choosing accounting as a profession and partly due to the improving economy. “Our smaller clients are experiencing a growth in business, which is always exciting, but they have been finding it difficult to find talent,” says Michael Cooke, Executive Vice President of The Execu|Search Group. “They have more work and, therefore, more opportunities across specialties—yet there just aren’t enough candidates to fill the positions.” Furthermore, the improving economy means there is more room for movement as a result of promotions and better bonuses. Those who are promoted leave an open position in their wake that employers are finding difficult to fill, while those who are looking to move elsewhere are collecting their bonuses and leaving. According to Michael, all these decisions are hefty factors in turnover rate and new opportunities. “Old hiring trends, such as hiring slow-downs in the summer, still sometimes paralyze professionals from rejoining the market—but they do not apply to today’s changing marketplace,” says Michael. “Hiring isn’t slowing down, and there is no ‘bad’ time to look. Our clients are continuously hiring.” In fact, this year marked the first time our Accounting/Finance division placed a tax professional in a public accounting firm just two days after the end of busy season. Most hiring in public accounting is typically done in Q3 and Q4, but an understaffing issue in the public sector is driving hiring throughout the year. Many of these firms are also hiring immediately after busy season to help alleviate the strain on current employees after enduring a grueling, short-staffed busy season, showing the industry’s continued emphasis on improving work-life balance. For those thinking of making a move, this is the time to do it. Job seekers can take advantage of the bustling market to search for their new opportunity, and since the hiring gap means many candidates are in demand, they could find themselves with multiple offers. For those in public accounting, this is an excellent opportunity to get settled into a new firm and learn the ropes before busy season. For more information on how to handle multiple job offers in your search, take a look at our article “How To Juggle Multiple Job Offers.” Ready to start your job search? Here’s how to position yourself for success.