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Sharing Too Much Information May Hinder Your Job Search

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In Mad Men’s season four episode Waldorf Stories, Roger Sterling tells Don Draper, who’d just interviewed a junior copywriter candidate, who unbeknownst to him was Roger’s wife’s cousin, advice he gave him he knew seldom works in the corporate world: “I told him to be himself. That was pretty mean, I guess.”

The key to getting hired is telling your interviewer what they want to hear without sinking yourself by telling him or her what they don’t need to hear. Always remember: Employers make judgments about what you communicate.

For example, if you live close to the employer, you should let them know, as this will be seen as a plus, whereas if you don’t, you should keep it to yourself. (e.g., If you live quite a distance away, stating your address on your resume could disqualify you as a candidate who’s not “geographically desirable.)

The hiring process, especially at the interview stage, is a process of disqualification. 500 applicants, one position to fill necessitates disqualifying 499 candidates, which makes hiring a fundamentally adversarial process. Therefore, the fewer excuses you give an employer why they shouldn’t hire you, the higher your odds of getting hired.

I see it all the time: job seekers who run themselves into walls by oversharing. More than once, I wanted to say, “Don’t say that! You’re coming across as if you can’t control yourself.”

Nobody is entitled to acceptance. I know from firsthand experience that being “myself” often has consequences. Call it arrogance or overconfidence; in terms of job searching, I’m a let the chips fall where they may type of guy. For me, it’s imperative I feel welcomed and I’m a good fit. Therefore, throughout the hiring process, I don’t hide my personality, hobbies or how I approach and value my work. If I’m not hired for those reasons—being who I am— which has happened many times, then that’s not an employer I’d be comfortable working for; therefore, I averted what would have been a negative working situation.

Despite my “this is who I am” attitude, I’ll say this as someone who has worked in the corporate world for longer than I care to admit: Sometimes, you need to filter, especially when speaking with someone who can hire you. Learning how to read a room—call it having “social intelligence”—and using your reading to know what to say and, more importantly, what not to say is a skill that’ll serve you well.

It should go without saying that what you communicate about yourself will influence what the other person thinks of you. Hence, before “communicating,” ask yourself if what you’re about to reveal, be it on your resume, LinkedIn profile, social media or especially during an interview, will help or hinder you. What will the reader/person you’re speaking with do with the information you’re offering?

Over the years, I’ve interviewed many different personality-type people, resulting in some interesting interactions. I once had a candidate reveal they were seriously contemplating having a sex change and were in the process of consulting doctors. I still have no clue why they decided to bring this up.

When communicating with employers, only share relevant information about yourself that will sell you as an asset to the bottom line and enable them to gauge you as you want them to, thereby influencing some, but not all, of the employer’s hiring decision-making narrative, including, but again not all, biases. For me, I want a potential employer to gauge whether I, as authentic me (key), will be a fit, thus why I communicate who I am as much as I do. I don’t want to put on a show to be accepted, only to end up in a workplace that doesn’t work for me. NOTE: I speak for myself.

Suppose you want to convey you’re a team player. In this case, besides offering examples from your work history, mention you play in an adult baseball league. Want your interviewer to see you as someone creative? Then, mention you paint landscapes. Compassionate? Let your interviewer know you volunteer at the local suicide hotline. Healthy? Mention you jog 5 km every evening to unwind.

Fair or not, everything you communicate about yourself, including your speech (e.g., vocabulary, pronunciation, use of profanity) and physical appearance, is used to form an opinion about you. You control much of how people perceive you, which means you control the determining hiring decision factor: Hiring managers hire candidates they feel good about.

As a rule, steer clear of the obvious taboo subjects—religion, politics, gossip, conspiracy theories and partying. In addition, don’t bring up:

  • Your finances.
  • Having a side business.
  • Your retirement plans.
  • That you’re desperate for a job.
  • Health issues that won’t interfere with your job performance or require special accommodations.

When you overshare, especially during an interview, you increase the odds of providing information that’ll be used to disqualify you. Before you say anything, post it on your social media or LinkedIn profile or include it on your resume; think carefully about how you’ll be perceived, then act accordingly.

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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.

 

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Transat AT reports $39.9M Q3 loss compared with $57.3M profit a year earlier

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MONTREAL – Travel company Transat AT Inc. reported a loss in its latest quarter compared with a profit a year earlier as its revenue edged lower.

The parent company of Air Transat says it lost $39.9 million or $1.03 per diluted share in its quarter ended July 31.

The result compared with a profit of $57.3 million or $1.49 per diluted share a year earlier.

Revenue in what was the company’s third quarter totalled $736.2 million, down from $746.3 million in the same quarter last year.

On an adjusted basis, Transat says it lost $1.10 per share in its latest quarter compared with an adjusted profit of $1.10 per share a year earlier.

Transat chief executive Annick Guérard says demand for leisure travel remains healthy, as evidenced by higher traffic, but consumers are increasingly price conscious given the current economic uncertainty.

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

Companies in this story: (TSX:TRZ)

The Canadian Press. All rights reserved.

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Dollarama keeping an eye on competitors as Loblaw launches new ultra-discount chain

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Dollarama Inc.’s food aisles may have expanded far beyond sweet treats or piles of gum by the checkout counter in recent years, but its chief executive maintains his company is “not in the grocery business,” even if it’s keeping an eye on the sector.

“It’s just one small part of our store,” Neil Rossy told analysts on a Wednesday call, where he was questioned about the company’s food merchandise and rivals playing in the same space.

“We will keep an eye on all retailers — like all retailers keep an eye on us — to make sure that we’re competitive and we understand what’s out there.”

Over the last decade and as consumers have more recently sought deals, Dollarama’s food merchandise has expanded to include bread and pantry staples like cereal, rice and pasta sold at prices on par or below supermarkets.

However, the competition in the discount segment of the market Dollarama operates in intensified recently when the country’s biggest grocery chain began piloting a new ultra-discount store.

The No Name stores being tested by Loblaw Cos. Ltd. in Windsor, St. Catharines and Brockville, Ont., are billed as 20 per cent cheaper than discount retail competitors including No Frills. The grocery giant is able to offer such cost savings by relying on a smaller store footprint, fewer chilled products and a hearty range of No Name merchandise.

Though Rossy brushed off notions that his company is a supermarket challenger, grocers aren’t off his radar.

“All retailers in Canada are realistic about the fact that everyone is everyone’s competition on any given item or category,” he said.

Rossy declined to reveal how much of the chain’s sales would overlap with Loblaw or the food category, arguing the vast variety of items Dollarama sells is its strength rather than its grocery products alone.

“What makes Dollarama Dollarama is a very wide assortment of different departments that somewhat represent the old five-and-dime local convenience store,” he said.

The breadth of Dollarama’s offerings helped carry the company to a second-quarter profit of $285.9 million, up from $245.8 million in the same quarter last year as its sales rose 7.4 per cent.

The retailer said Wednesday the profit amounted to $1.02 per diluted share for the 13-week period ended July 28, up from 86 cents per diluted share a year earlier.

The period the quarter covers includes the start of summer, when Rossy said the weather was “terrible.”

“The weather got slightly better towards the end of the summer and our sales certainly increased, but not enough to make up for the season’s horrible start,” he said.

Sales totalled $1.56 billion for the quarter, up from $1.46 billion in the same quarter last year.

Comparable store sales, a key metric for retailers, increased 4.7 per cent, while the average transaction was down2.2 per cent and traffic was up seven per cent, RBC analyst Irene Nattel pointed out.

She told investors in a note that the numbers reflect “solid demand as cautious consumers focus on core consumables and everyday essentials.”

Analysts have attributed such behaviour to interest rates that have been slow to drop and high prices of key consumer goods, which are weighing on household budgets.

To cope, many Canadians have spent more time seeking deals, trading down to more affordable brands and forgoing small luxuries they would treat themselves to in better economic times.

“When people feel squeezed, they tend to shy away from discretionary, focus on the basics,” Rossy said. “When people are feeling good about their wallet, they tend to be more lax about the basics and more willing to spend on discretionary.”

The current economic situation has drawn in not just the average Canadian looking to save a buck or two, but also wealthier consumers.

“When the entire economy is feeling slightly squeezed, we get more consumers who might not have to or want to shop at a Dollarama generally or who enjoy shopping at a Dollarama but have the luxury of not having to worry about the price in some other store that they happen to be standing in that has those goods,” Rossy said.

“Well, when times are tougher, they’ll consider the extra five minutes to go to the store next door.”

This report by The Canadian Press was first published Sept. 11, 2024.

Companies in this story: (TSX:DOL)

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U.S. regulator fines TD Bank US$28M for faulty consumer reports

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TORONTO – The U.S. Consumer Financial Protection Bureau has ordered TD Bank Group to pay US$28 million for repeatedly sharing inaccurate, negative information about its customers to consumer reporting companies.

The agency says TD has to pay US$7.76 million in total to tens of thousands of victims of its illegal actions, along with a US$20 million civil penalty.

It says TD shared information that contained systemic errors about credit card and bank deposit accounts to consumer reporting companies, which can include credit reports as well as screening reports for tenants and employees and other background checks.

CFPB director Rohit Chopra says in a statement that TD threatened the consumer reports of customers with fraudulent information then “barely lifted a finger to fix it,” and that regulators will need to “focus major attention” on TD Bank to change its course.

TD says in a statement it self-identified these issues and proactively worked to improve its practices, and that it is committed to delivering on its responsibilities to its customers.

The bank also faces scrutiny in the U.S. over its anti-money laundering program where it expects to pay more than US$3 billion in monetary penalties to resolve.

This report by The Canadian Press was first published Sept. 11, 2024.

Companies in this story: (TSX:TD)

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