adplus-dvertising
Connect with us

Business

Strategically Pick Your References

Published

 on

Hiring is costly, thus why employers ask for references—the last hurdle to jump over to reach your job search finish line.

Before going to a restaurant, you’ve never been to, you likely check out online reviews, as you would read Amazon reviews before ordering a herbal remedy you’ve never tried or a laptop.

Employers conduct reference checks for the same reasons you read reviews before making a purchasing decision: They want to know what kind of employee you’ll be (most likely) and whether you’ll be worth the salary investment.

Furthermore, your opinion of yourself and your work is biased. Someone substantiating your claims goes a long way in making an employer feel confident you’re the right person for the job. A few jobs back, I had a candidate going on about how they were a “team player.” They even told me great STAR stories. However, when I spoke to a former colleague, they painted an entirely different picture of the person. Providing references who’ll speak positively about you should be obvious.

I’ve seen great resumes, impressive interview performances, and all the candidate’s efforts negated by bad references. Hence, their candidacy was no longer considered.

Speak to your potential references before starting your job search. Changing jobs is common these days; therefore, there’s a good chance your former boss is no longer at your former employer. This is why it’s a good idea to stay in touch with former colleagues and bosses. You don’t want to be asked for references, a sign that your potential employer is considering offering you the job, and then find yourself scrambling trying to find references who’ll evangelize your abilities and provide examples of your work.

Don’t provide a list of names to employers without telling the people on the list that they’re references. Never share a person’s contact information without their prior consent. If I receive a reference request out of the blue, I decline to act as a reference. First off, I’m caught off guard. Secondly, the person who gave my name and contact information without my permission didn’t show any common courtesy. Nobody is owed a reference.

As a hiring manager, I’ve spoken to many references who weren’t excited or eager to act as a reference. Gauge how the person feels when you ask them to be your reference. Unless they say, “Sure, anytime!” or, as I tend to say, “I’ll make sure they want you more than you want them,” then don’t use the person as a reference. Don’t even try to convince them to be a reference.

I will occasionally decline to be a reference for obvious reasons; we parted on bad terms. Not only is it professional, but it’s also in your best interest to leave your job amicably. Leave the epic job quitting scenes in Jerry Maguire, Office Space, and American Beauty to Hollywood. Keep in mind that it’s a small world; many industries are “close-knit,” and reputations travel on many roads—then there are social media. You never know when you’ll need a former boss or colleague to act as a reference for you.

Your references should be people who can speak to your work output and results, your overall approach to projects, and your ability to collaborate and lead. Your mother, father, best friend, or that one successful uncle don’t count. Instead, choose former or current coworkers, past managers, or even clients and customers who can offer insight into your work and character.

Ideally, your references (Plan on having at least four references in case one or two are unavailable.) should include a recent boss, a peer, and a subordinate. Chose people who not only can speak to your performance and your potential but—this is key—who are articulate. They needn’t be orators, but one-word answers and “Oh, he’s nice” don’t make for a good reference.

If you have any doubt about someone being a reference, DON’T USE THEM! As I mentioned, regardless of how well your interviews went, a bad reference can destroy your chances of receiving a job offer.

Once you’ve lined up your references, give each of them a copy of your current résumé. When a potential employer asks for your references, inform your references to expect a call. As well, send them the link to the job posting or the job description.

Last but not least, thank your references for helping you take the next step in your career and stay in touch with them for your next job search.

______________________________________________________________

Nick Kossovan, a well-seasoned veteran of the corporate landscape, offers advice on searching for a job. You can send Nick your questions at artoffindingwork@gmail.com.

Business

Cineplex reports $24.7M Q3 loss on Competition Tribunal penalty

Published

 on

 

TORONTO – Cineplex Inc. reported a loss in its latest quarter compared with a profit a year ago as it was hit by a fine for deceptive marketing practices imposed by the Competition Tribunal.

The movie theatre company says it lost $24.7 million or 39 cents per diluted share for the quarter ended Sept. 30 compared with a profit of $29.7 million or 40 cents per diluted share a year earlier.

The results in the most recent quarter included a $39.2-million provision related to the Competition Tribunal decision, which Cineplex is appealing.

The Competition Bureau accused the company of misleading theatregoers by not immediately presenting them with the full price of a movie ticket when they purchased seats online, a view the company has rejected.

Revenue for the quarter totalled $395.6 million, down from $414.5 million in the same quarter last year, while theatre attendance totalled 13.3 million for the quarter compared with nearly 15.7 million a year earlier.

Box office revenue per patron in the quarter climbed to $13.19 compared with $12 in the same quarter last year, while concession revenue per patron amounted to $9.85, up from $8.44 a year ago.

This report by The Canadian Press was first published Nov. 6, 2024.

Companies in this story: (TSX:CGX)

The Canadian Press. All rights reserved.

Source link

Continue Reading

Business

Restaurant Brands reports US$357M Q3 net income, down from US$364M a year ago

Published

 on

 

TORONTO – Restaurant Brands International Inc. reported net income of US$357 million for its third quarter, down from US$364 million in the same quarter last year.

The company, which keeps its books in U.S. dollars, says its profit amounted to 79 cents US per diluted share for the quarter ended Sept. 30 compared with 79 cents US per diluted share a year earlier.

Revenue for the parent company of Tim Hortons, Burger King, Popeyes and Firehouse Subs, totalled US$2.29 billion, up from US$1.84 billion in the same quarter last year.

Consolidated comparable sales were up 0.3 per cent.

On an adjusted basis, Restaurant Brands says it earned 93 cents US per diluted share in its latest quarter, up from an adjusted profit of 90 cents US per diluted share a year earlier.

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

This report by The Canadian Press was first published Nov. 5, 2024.

Companies in this story: (TSX:QSR)

The Canadian Press. All rights reserved.

Source link

Continue Reading

Business

Electric and gas utility Fortis reports $420M Q3 profit, up from $394M a year ago

Published

 on

 

ST. JOHN’S, N.L. – Fortis Inc. reported a third-quarter profit of $420 million, up from $394 million in the same quarter last year.

The electric and gas utility says the profit amounted to 85 cents per share for the quarter ended Sept. 30, up from 81 cents per share a year earlier.

Fortis says the increase was driven by rate base growth across its utilities, and strong earnings in Arizona largely reflecting new customer rates at Tucson Electric Power.

Revenue in the quarter totalled $2.77 billion, up from $2.72 billion in the same quarter last year.

On an adjusted basis, Fortis says it earned 85 cents per share in its latest quarter, up from an adjusted profit of 84 cents per share in the third quarter of 2023.

The average analyst estimate had been for a profit of 82 cents per share, according to LSEG Data & Analytics.

This report by The Canadian Press was first published Nov. 5, 2024.

Companies in this story: (TSX:FTS)

The Canadian Press. All rights reserved.

Source link

Continue Reading

Trending