Brexit: Could Uncertainty Risk Jobs & Investment?
As the uncertainty of Brexit lingers on, the UK risks losing jobs and investment (warns Britains five biggest business lobby groups).
In a letter issued to Brexit Secretary David Davis, the groups state that “time is running out”.
The other lobby groups backing the letter are the British Chambers of Commerce, the Federation of Small Businesses, and the EEF manufacturers’ body.
Theresa May has suggested a transition period of about two years.
EU negotiators have agreed to start preliminary work on a future relationship. However, they still want more concessions on the UK’s so-called “divorce payment” before starting talks on trade and transition.
The five business bodies – which together represent firms employing millions of people – are calling for more urgency. With less than a year and a half left until the UK leaves the EU, this is vital.
Concern about the loss of UK jobs and investment was underlined last week when the head of Goldman Sachs, Lloyd Blankfein, tweeted that he will be “spending a lot more time” in Frankfurt.
All of this comes at the worst time for the UK. Unemployment fell again by 52,000 in the three months to August to 1.4 million. Therefore, the jobless rate remains unchanged at 4.3% from the previous quarter.
Mrs May is due to address the commons on the progress of Brexit negotiations later this week.
Here’s a controversial statement:
Interviews are scarier for interviewers than interviewees.
Not only do you have the responsibility of structuring the interview, knowing exactly what you want and bringing the best out of a candidate, you have some pretty tough decisions to make at the end of it. Life-changing decisions, in fact.
But, before you go into interviewer meltdown, here are some tips to make sure you are fully prepared for the task ahead.
1. Know your business.
Not just your job.
That moment at the end of every interview when you ask the candidate if they have any questions? Make sure you can answer them. Whatever they may be. What skills does the business need long-term? Be ready to spot talent and think outside the box. They may not be right for this precise role but if you know the entire business inside out, you will be in a position to refer them, develop them and potentially hire someone who has the ability to make an impact in a way you never thought possible. So, re-learn your business in the same way that your potential candidate will be learning it for the first time. And don’t get caught out.
2. The last minute CV print-out.
A cursory glance over a candidate’s CV five minutes before they walk in the room just isn’t going to cut it. Prepare for the interview in the same way your candidate will have. If they knew your name in advance, presume they have researched you on Linkedin (maybe on Facebook too, god forbid) and do the same back. That way you can tailor your questioning to a real understanding of that person, getting the most out of your time together. Remember, you are both on trial here.
3. Start as you mean to go on.
Make the beginning of the interview as positive as possible. Putting your candidate at ease is going to help you analyse their suitability far more easily than if they are stressed or on edge. So start by giving information, rather than with the hard questions. Talk a little about your role, the vacancy, how it fits in with the business as a whole. Make them feel excited about the position and ease them into questions based on your knowledge of their experience. Remember when you’ve been on the other side and make this interview memorable for the right reasons.
4. Be specific.
This is where your knowledge of the candidate’s experience will really come into play. Dig deeper into their CV. What did that project return for the business? How did they create company buy-in for that campaign? A good candidate with a robust CV will relish these opportunities to share their expertise and knowledge. A bad candidate will expose themselves. An easy decision for you.
5. Culture first.
The last thing you want to do is be responsible for bringing in ‘that guy’ to the business. The one that simply doesn’t fit in, is difficult to work with and, no matter how extensive their experience, just never feels part of the team. Leave time in the interview for finding out about the person behind the CV. What do they do out of work? Generic answers won’t do here, do a bit of digging, where were they last weekend? Does that resonate with how your business or department operates? It’s not just about do you like them: will they bring that something extra to your company that it needs? And, from their point of view, will this be an enjoyable place for them to work? Only you can answer that one…
We can help you prepare for the task of interviewing. Just give our team a call and we will talk you through the process from start to finish. Or follow us on twitter for more interviewer insights.