Employers Love It When You Speak Their Language | Canada News Media
Connect with us

Business

Employers Love It When You Speak Their Language

Published

 on

When interviewing candidates or meeting someone at a professional event, I can tell how involved they are in managing call centres. How? By the words they use.

Specifically, I am referring to terminology call center professionals use, such as AHT (Average Handle Time), ASR (Automatic Speech Recognition), CTI (Computer Telephony Integration), and SLA (Service Level Agreement).

Code-like acronyms, technical terminologies, jargon, and business buzzwords… all industries and professions have a language.

Speaking the language of the industry and profession of the job you are interviewing for demonstrates your knowledge and experience of the employer’s industry and your profession, making you credible and conveying that you are one of them. Since language is shared, it is a bonding agent. The words you use with your interviewer will be used to decide whether you are “a member of their club” and help create rapport.

Using industry language is akin to a secret handshake. There is no need to learn a new language, like Kingon. You only need to know terms specific to your industry and profession and when to use them.

What terms and jargon are most commonly used in your profession and industry?

  • Finance: Adjusted Gross Income (AGI), Aggressive Growth Fund, Beta, Expense Ratio
  • Marketing:A/B Testing, Bounce Rate, List Hygiene, Responsive Design
  • Social Media Management:Clickbait, Clickthrough Rate (CTR), Native Advertising, User Generated Content (UGC)
  • Film: Crafy, C-Stand, C-47, Snot Tape

When it comes to the hiring process, speaking the industry language is a game-changer; if not for nothing else, it shows you understand the ins and outs of your profession, which sets you apart from those candidates who, during their interview, do not speak “the language.”

Furthermore, incorporating jargon into your communication showcases your ability to adapt quickly within the workplace. Demonstrating “jargon fluency” shows you can seamlessly integrate into any team or project without excessive handholding or explanation.

Now that you are aware of why speaking the language of the employer’s industry and your profession will give you a competitive edge, here are some tips on how to competently speak jargon.

 

  1. Research the company.

 

In addition to each industry and profession having its own language, companies often have their own as well. Before an interview, research in-depth the company and familiarize yourself with its jargon.

Imagine interviewing for a position at Apple and the positive impression you would make with your interviewer if you used Apple lingo such as AirDrop, A-Series BionicDeep Fusion and LiDAR Camera throughout the interview.

 

  1. Use jargon sparingly. 

 

It is important not to overuse jargon to the point where it seems contrived. Only use relevant terms when appropriate.

 

  1. Be confident.

 

Whenever you use jargon, do so confidently. Practice incorporating industry and profession-specific terms into your professional conversations, so they become second nature.

 

  1. Customize your language.

 

There is a time and place for everything, including jargon. Consider your audience when choosing your language.

This is important. More than once, I made the mistake of using call centre jargon with a recruiter or HR unfamiliar with it. Only use industry-specific jargon if you are speaking with the person you will be reporting to or someone in a leadership role; you want to avoid coming across as being pretentious. However, using company-specific jargon (e.g., Google: GBike, Noogler, GUTS (Google Universal Ticketing Systems, Plex), regardless of your interviewer’s position, will earn you points.

In addition to speaking the language of the employer’s industry and your profession, it is important to speak the language that is universal across all workplaces. Using common business jargon shows you are not a newcomer to the workforce.

I frequently use the following business jargon:

Bandwidth: Capacity to handle more work. Those with bandwidth can take on more work; those without bandwidth cannot.

“If need be, I have the bandwidth to work evenings and weekends.”

Core competencies: Strengths or skill set, ideally proven with past measurable results, you, a company or individual, possess.

“Among my core competencies, I am fluent in French, have above average Excel skills, can comfortably work under pressure, and have outstanding leadership skills, having led a 50-person call center for the past six years.”

Holistically (aka “big picture”): Taking into consideration the entire organization, department, or individual.

“To consider everyone who may be affected by a decision I am making, I tend to think holistically.”

Leverage: Using data, research, knowledge, or someone’s skills to decide, take action or get something done.

“A few years back, I leveraged the Spanish-speaking skills of two of my team members to call into the South American market, resulting in $3.5 million in sales.”

Low-hanging fruit: A goal that is easy to reach (achieve) or reliably productive.

“When I began the Clearwater Resort outbound campaign, I focused on what I believe would be low-hanging fruits. I started the campaign by having my agents call Ontario-based doctors and dentists since they typically have disposable income.

Next time you prepare for an interview or are at an industry networking event, do not hesitate to incorporate relevant jargon into your conversations, showing you take your career seriously.

_________________________________________________________

 

Nick Kossovan, a well-seasoned veteran of the corporate landscape, offers “unsweetened” job search advice. You can send Nick your questions to artoffindingwork@gmail.com.

Business

Japan’s SoftBank returns to profit after gains at Vision Fund and other investments

Published

 on

 

TOKYO (AP) — Japanese technology group SoftBank swung back to profitability in the July-September quarter, boosted by positive results in its Vision Fund investments.

Tokyo-based SoftBank Group Corp. reported Tuesday a fiscal second quarter profit of nearly 1.18 trillion yen ($7.7 billion), compared with a 931 billion yen loss in the year-earlier period.

Quarterly sales edged up about 6% to nearly 1.77 trillion yen ($11.5 billion).

SoftBank credited income from royalties and licensing related to its holdings in Arm, a computer chip-designing company, whose business spans smartphones, data centers, networking equipment, automotive, consumer electronic devices, and AI applications.

The results were also helped by the absence of losses related to SoftBank’s investment in office-space sharing venture WeWork, which hit the previous fiscal year.

WeWork, which filed for Chapter 11 bankruptcy protection in 2023, emerged from Chapter 11 in June.

SoftBank has benefitted in recent months from rising share prices in some investment, such as U.S.-based e-commerce company Coupang, Chinese mobility provider DiDi Global and Bytedance, the Chinese developer of TikTok.

SoftBank’s financial results tend to swing wildly, partly because of its sprawling investment portfolio that includes search engine Yahoo, Chinese retailer Alibaba, and artificial intelligence company Nvidia.

SoftBank makes investments in a variety of companies that it groups together in a series of Vision Funds.

The company’s founder, Masayoshi Son, is a pioneer in technology investment in Japan. SoftBank Group does not give earnings forecasts.

___

Yuri Kageyama is on X:

The Canadian Press. All rights reserved.

Source link

Continue Reading

Business

Trump campaign promises unlikely to harm entrepreneurship: Shopify CFO

Published

 on

 

Shopify Inc. executives brushed off concerns that incoming U.S. President Donald Trump will be a major detriment to many of the company’s merchants.

“There’s nothing in what we’ve heard from Trump, nor would there have been anything from (Democratic candidate) Kamala (Harris), which we think impacts the overall state of new business formation and entrepreneurship,” Shopify’s chief financial officer Jeff Hoffmeister told analysts on a call Tuesday.

“We still feel really good about all the merchants out there, all the entrepreneurs that want to start new businesses and that’s obviously not going to change with the administration.”

Hoffmeister’s comments come a week after Trump, a Republican businessman, trounced Harris in an election that will soon return him to the Oval Office.

On the campaign trail, he threatened to impose tariffs of 60 per cent on imports from China and roughly 10 per cent to 20 per cent on goods from all other countries.

If the president-elect makes good on the promise, many worry the cost of operating will soar for companies, including customers of Shopify, which sells e-commerce software to small businesses but also brands as big as Kylie Cosmetics and Victoria’s Secret.

These merchants may feel they have no choice but to pass on the increases to customers, perhaps sparking more inflation.

If Trump’s tariffs do come to fruition, Shopify’s president Harley Finkelstein pointed out China is “not a huge area” for Shopify.

However, “we can’t anticipate what every presidential administration is going to do,” he cautioned.

He likened the uncertainty facing the business community to the COVID-19 pandemic where Shopify had to help companies migrate online.

“Our job is no matter what comes the way of our merchants, we provide them with tools and service and support for them to navigate it really well,” he said.

Finkelstein was questioned about the forthcoming U.S. leadership change on a call meant to delve into Shopify’s latest earnings, which sent shares soaring 27 per cent to $158.63 shortly after Tuesday’s market open.

The Ottawa-based company, which keeps its books in U.S. dollars, reported US$828 million in net income for its third quarter, up from US$718 million in the same quarter last year, as its revenue rose 26 per cent.

Revenue for the period ended Sept. 30 totalled US$2.16 billion, up from US$1.71 billion a year earlier.

Subscription solutions revenue reached US$610 million, up from US$486 million in the same quarter last year.

Merchant solutions revenue amounted to US$1.55 billion, up from US$1.23 billion.

Shopify’s net income excluding the impact of equity investments totalled US$344 million for the quarter, up from US$173 million in the same quarter last year.

Daniel Chan, a TD Cowen analyst, said the results show Shopify has a leadership position in the e-commerce world and “a continued ability to gain market share.”

In its outlook for its fourth quarter of 2024, the company said it expects revenue to grow at a mid-to-high-twenties percentage rate on a year-over-year basis.

“Q4 guidance suggests Shopify will finish the year strong, with better-than-expected revenue growth and operating margin,” Chan pointed out in a note to investors.

This report by The Canadian Press was first published Nov. 12, 2024.

Companies in this story: (TSX:SHOP)

The Canadian Press. All rights reserved.

Source link

Continue Reading

Business

RioCan cuts nearly 10 per cent staff in efficiency push as condo market slows

Published

 on

 

TORONTO – RioCan Real Estate Investment Trust says it has cut almost 10 per cent of its staff as it deals with a slowdown in the condo market and overall pushes for greater efficiency.

The company says the cuts, which amount to around 60 employees based on its last annual filing, will mean about $9 million in restructuring charges and should translate to about $8 million in annualized cash savings.

The job cuts come as RioCan and others scale back condo development plans as the market softens, but chief executive Jonathan Gitlin says the reductions were from a companywide efficiency effort.

RioCan says it doesn’t plan to start any new construction of mixed-use properties this year and well into 2025 as it adjusts to the shifting market demand.

The company reported a net income of $96.9 million in the third quarter, up from a loss of $73.5 million last year, as it saw a $159 million boost from a favourable change in the fair value of investment properties.

RioCan reported what it says is a record-breaking 97.8 per cent occupancy rate in the quarter including retail committed occupancy of 98.6 per cent.

This report by The Canadian Press was first published Nov. 12, 2024.

Companies in this story: (TSX:REI.UN)

The Canadian Press. All rights reserved.

Source link

Continue Reading

Trending

Exit mobile version