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How to Recruit Success Into Your Company

How can you attract the right talent for your organization or for your client? At recruitDC’s Spring 2017 Conference on May 25, keynote speaker Perri Chase, co-founder of Talent Remastered, tackled this very issue. She presented information that is equally valuable for job candidates, as they should understand the expectations of internal and external recruiters to ensure they find the right match in a job and organization.

Chase began with some stunning statistics from a 2017 Korn Ferry survey. Ninety percent of executives polled said retention of new hires is a problem in their company, as 10 to 25 percent of new hires leave within the first six months. The main reason: Their role is different from what they expected it would be during the hiring process.

[See: 25 Best Jobs That Don’t Require a College Degree.]

What does this tell us? There is some level of miscommunication or misinterpretation during the recruitment process, where roles and company culture are not accurately portrayed. It is incumbent upon the candidate to ask the right questions, but the majority of the responsibility falls on the recruiter to take the time with candidates to make the right matches and avoid costly mistakes.

The Power of One. Chase recommends that, as a recruiter, you should use one format for every person you interview. Your goal is to understand each candidate, their motivations and how they make decisions. If you’re using one type of interview format for each person, you’ll have an easier time comparing candidates and your colleagues will respect your judgment as a result of the benchmarks you use.

Format. The goal, Chase says, is to have the person tell you their story rather than guiding them through their work history. The best way to do this is to start from the beginning of their work history, and let them talk you through it all. As they talk, ask specific questions to obtain more data points, such as “Who were you reporting to?” and “How many people were on your team?” This will help you present useful information to your colleagues or clients.

[See: 10 Ways Social Media Can Help You Land a Job.]

Length. According to Chase, you should spend at least 20 minutes with a candidate, and better yet, one hour. When you speak with someone for a longer period, you will more readily notice patterns in answers, and thus, behaviors. You are also more likely to catch inconsistencies and mistruths.

Attention to Detail. As a recruiter, you need to listen very closely as the candidate speaks. Look for patterns regarding decision-making, which will help you understand the candidate’s judgment and motivations. It is your job to take that information and note trends in order to really understand who they are and what makes them successful (or not). This will enable you to share not only specific candidate work-related data with your colleagues or clients, but also your personal opinion of each candidate.

[See: The 25 Best Social Services Jobs of 2017.]

Help the Candidate. The other benefit of talking with each candidate for an extended period to really get a picture of who they are is that you can help them overcome humiliation from past work situations. If you have a candidate you believe in, it is your job to make sure they are best prepared for the next set of interviews to land the job. As you get to know them, you can help them overcome self-limiting beliefs so that their confidence is high when they go on to future interviews.

By using the techniques above, your value as a recruiter will increase, says Chase, because you become a trusted advisor of your colleagues and clients. At the same time, candidates will respect your time and attention. As a result, you’ll have a better chance of landing the most successful talent out there for your organization or client. As a recruiter, what could spell success better than that?

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How to Recruit Success Into Your Company originally appeared on usnews.com

Don’t Settle for Student Loans to Pay for Online Education

Online college programs are becoming a more popular choice for prospective students, with one study finding that more than 6 million students enrolled in at least one online course in fall 2015. The popularity of these courses can be attributed in part to their flexibility with working adults' schedules, students' ability to progress more quickly through online programs and, oftentimes, cheaper tuition. [See 10 low-cost online bachelor's programs for out-of-state students.]Online degrees can be beneficial to many college students, but some studies have shown online learners complete their programs at lower rates than students at traditional brick-and-mortar campuses. Individuals with student loans but no degree comprise two-thirds of defaulted borrowers. Though these numbers are not encouraging, just like for traditional programs, there are ways to reduce how much you'll need to borrow for an online program to ensure you won't become one of these statistics. Don't just settle on borrowing student loans to cover the whole cost of your program and living expenses. Instead, start thinking about how to cut costs and cover your balance in different ways, such as the following. -- Grants and scholarships: Even though you are taking an online course, you can still apply and receive grants and scholarships. But your first step should be to complete the Free Application for Federal Student Aid, commonly referred to as the FAFSA, which will allow you to receive a Pell Grant if your expected family contribution is low enough. The EFC criteria and award amounts are adjusted annually, but the 2017-2018 academic year awards range from $606 to $5,920, which could significantly lower the amount you borrow annually. Your next step is to apply for scholarships. You can start by checking online scholarship search engines, such as the Salt Scholarship Search, College Board's BigFuture and Peterson's. But don't forget to take advantage of local organizations and your school's financial aid office. Both may offer scholarships that you can't find with a national scholarship search. [Review these 10 sites to kick off your scholarship search.]For instance, organizations like the Elks Club, Knights of Columbus or the Rotary Club typically offer scholarships annually to local students. Just because you're going to school online doesn't mean you're ineligible. Visit your local library for scholarship listings, and ask around town. You might be surprised how many local organizations offer scholarships. While these scholarships typically aren't large, every little bit counts. Each dollar you receive in a scholarship is a dollar you don't have to borrow and pay interest on. -- Work-study: Another option for online students may be work-study awards. Not all students enrolled in online programs are eligible, but students at some schools -- including, for example, SUNY Empire State College and Liberty University -- are. Work-study awards are not given upfront like scholarships and grants. In most cases, they are an offer to earn up to the awarded amount if you secure an eligible work-study job. While there is a misconception that all work-study jobs must be on campus, students can work for off-campus, nonprofit or public employers as long as the work is in the public's interest. You may be able to work for a for-profit employer if the job is relevant to your course of study. No matter who the outside employer is, it will need to have an established agreement with your college for you to receive work-study funds. Remember, to be eligible for federal financial aid, you must be enrolled and pursuing a degree or certificate. If you're not working toward a credential, Pell Grants and work-study won't be option, but you may still be able to take advantage of private scholarships -- just be sure to read the eligibility criteria carefully. [Explore what to know about financial aid in online programs.]-- Pay as you go: One of the great benefits to enrolling online is the flexible schedule, which can allow you to complete your college coursework around your responsibilities. But prospective students often overlook using their part- or full-time job earnings as an option for paying for college. Almost 80 percent of college students in 2015 worked at least part time while attending classes, according to the National Center for Education Statistics. By budgeting and thinking strategically about your college costs, you can likely reduce your dependence on student loans by paying a portion out of pocket. Many -- but not all -- online programs are less expensive than traditional programs and often have shorter payment periods. Six, eight or 10 weeks are common course durations. Because of the frequency of payments in an online setting, you may be well-placed to pay as you go and possibly avoid borrowing altogether. Attending college online and avoiding student loans may be challenging, but if you are willing to put in the effort, you can limit the amount you need to borrow. More from U.S. News Q&A: Understanding Student Loan Discharge Eligibility Student Loan Refinancing Isn't Right for All Borrowers
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