Business

3 Qualities to Look for When Hiring New Employees

Published

4 years ago

January 19, 2021

You’re hiring a new executive position at your firm. There’s a shortlist of five stellar candidates — compact with impressive experience, education, and references — that are about to engage in separate secondary interviews within the coming days. How do you make the right decision? They all made it to the second round of interviews due to their high qualifications and excellent interview skills, so how can you possibly choose just one individual?

There’s no denying that making the final hiring decision can be a challenge. However, if you can find the following three qualities in a candidate, in addition to relevant experience and skillset, you’ve got yourself the right person for the job.

1. Emotional Intelligence

You’re looking for someone who can think quickly on their feet, is a problem-solver, and can effectively communicate with peers. What some hiring committees forget to consider is whether or not a candidate conveys emotional intelligence. Would this person show empathy to colleagues? How would they react to a stressful situation? You want someone who’s not only devoted to producing excellent work but also someone level-headed with interpersonal skills. Ask candidates why they believe they’ve been successful in their careers thus far. The people who thank a mentor or previous manager are the ones you’ll want to get to know because their answer shows they see outside of their egos.

2. Confidence

To identify top talent in your candidate pool, you must look for individuals with high self-esteem and confidence. Confidence shows that they’re happy with themselves and could handle learning a brand new position without experiencing self-doubt. It also shows that they could positively carry themselves in an office full of new faces. You’ll want to stay away from those who appear insecure because such individuals are generally more hesitant at work. If someone is very nervous during the interview, let them know that they’re in a safe space and try to calm them down by saying that you understand and have been in their shoes. If they continue to exhibit signs of insecurity, you might want to move on to the next candidate.

3. Knowledge of the Company

If a person has made it to the second round of interviews, then they must have made it clear that they’ve researched the company on some level. But how much do they actually know? Of course, you don’t expect anyone to know precise figures from your last annual report (although it wouldn’t help if the position is in finance), but they should have a solid understanding of your mandate and trajectory. As you listen to answers, pay attention and see if they align with the company’s values and mission.

Seek Extra Help from a Recruitment Agency

Many organizations work with professional recruiters to help them find the best employees. When you work with a recruitment agency, you don’t have to spend days sifting through resumes and interviewing. A recruiter will handle the entire hiring process for you. There’s also less risk of hiring the wrong person because an agency has the hiring experience and access to exclusive talent.

Hiring is never easy, but by working with an agency and focusing on the right qualities, you’ll find the best candidate in no time.

Business

TC Energy cuts cost estimate for Southeast Gateway pipeline project in Mexico

Published

13 hours ago

November 7, 2024

Anne Joseph

CALGARY – TC Energy Corp. has lowered the estimated cost of its Southeast Gateway pipeline project in Mexico.

It says it now expects the project to cost between US$3.9 billion and US$4.1 billion compared with its original estimate of US$4.5 billion.

The change came as the company reported a third-quarter profit attributable to common shareholders of C$1.46 billion or $1.40 per share compared with a loss of C$197 million or 19 cents per share in the same quarter last year.

Revenue for the quarter ended Sept. 30 totalled C$4.08 billion, up from C$3.94 billion in the third quarter of 2023.

TC Energy says its comparable earnings for its latest quarter amounted to C$1.03 per share compared with C$1.00 per share a year earlier.

The average analyst estimate had been for a profit of 95 cents per share, according to LSEG Data & Analytics.

This report by The Canadian Press was first published Nov. 7, 2024.

Companies in this story: (TSX:TRP)

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Business

BCE reports Q3 loss on asset impairment charge, cuts revenue guidance

Published

13 hours ago

November 7, 2024

Anne Joseph

BCE Inc. reported a loss in its latest quarter as it recorded $2.11 billion in asset impairment charges, mainly related to Bell Media’s TV and radio properties.

The company says its net loss attributable to common shareholders amounted to $1.24 billion or $1.36 per share for the quarter ended Sept. 30 compared with a profit of $640 million or 70 cents per share a year earlier.

On an adjusted basis, BCE says it earned 75 cents per share in its latest quarter compared with an adjusted profit of 81 cents per share in the same quarter last year.

“Bell’s results for the third quarter demonstrate that we are disciplined in our pursuit of profitable growth in an intensely competitive environment,” BCE chief executive Mirko Bibic said in a statement.

“Our focus this quarter, and throughout 2024, has been to attract higher-margin subscribers and reduce costs to help offset short-term revenue impacts from sustained competitive pricing pressures, slow economic growth and a media advertising market that is in transition.”

Operating revenue for the quarter totalled $5.97 billion, down from $6.08 billion in its third quarter of 2023.

BCE also said it now expects its revenue for 2024 to fall about 1.5 per cent compared with earlier guidance for an increase of zero to four per cent.

The company says the change comes as it faces lower-than-anticipated wireless product revenue and sustained pressure on wireless prices.

BCE added 33,111 net postpaid mobile phone subscribers, down 76.8 per cent from the same period last year, which was the company’s second-best performance on the metric since 2010.

It says the drop was driven by higher customer churn — a measure of subscribers who cancelled their service — amid greater competitive activity and promotional offer intensity. BCE’s monthly churn rate for the category was 1.28 per cent, up from 1.1 per cent during its previous third quarter.

The company also saw 11.6 per cent fewer gross subscriber activations “due to more targeted promotional offers and mobile device discounting compared to last year.”

Bell’s wireless mobile phone average revenue per user was $58.26, down 3.4 per cent from $60.28 in the third quarter of the prior year.

This report by The Canadian Press was first published Nov. 7, 2024.

Companies in this story: (TSX:BCE)

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Business

Canada Goose reports Q2 revenue down from year ago, trims full-year guidance

Published

13 hours ago

November 7, 2024

Anne Joseph

TORONTO – Canada Goose Holdings Inc. trimmed its financial guidance as it reported its second-quarter revenue fell compared with a year ago.

The luxury clothing company says revenue for the quarter ended Sept. 29 totalled $267.8 million, down from $281.1 million in the same quarter last year.

Net income attributable to shareholders amounted to $5.4 million or six cents per diluted share, up from $3.9 million or four cents per diluted share a year earlier.

On an adjusted basis, Canada Goose says it earned five cents per diluted share in its latest quarter compared with an adjusted profit of 16 cents per diluted share a year earlier.

In its outlook, Canada Goose says it now expects total revenue for its full financial year to show a low-single-digit percentage decrease to low-single-digit percentage increase compared with earlier guidance for a low-single-digit increase.

It also says it now expects its adjusted net income per diluted share to show a mid-single-digit percentage increase compared with earlier guidance for a percentage increase in the mid-teens.

This report by The Canadian Press was first published Nov. 7, 2024.

Companies in this story: (TSX:GOOS)

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