Are you an Employer?    Attract the Best Candidates with Smart Job Postings!
Search Resumes
The Largest Collection of Jobs on Earth | EmploymentCrossing
Need Help? Call (800) 680-7345  

Job Seeker Login   Employer Login 

Job Seekers? Try it Now  

Search Jobs
Browse Jobs
Post Jobs
EmploymentCrossing Concierge      EmploymentCrossing Premier  
Attention Employers - Only Hound Posts Your Jobs to Over 200+ Other Job Sites. TRY IT FREE!
Jobs >> Articles >> Employment Career Feature >> How to Use Financial and Market Data While Getting Prepared For a Job Interview
  • Employment Career Feature

How to Use Financial and Market Data While Getting Prepared For a Job Interview


Printable Version PDF Version Email to a Friend
In Preparing For Your Interview

Successful interviews do not happen by chance. Frequently, much preparation on the part of the candidate will take place before the actual interview. Obviously, if the interview is with an executive recruiter who has not yet disclosed his client, then this would not apply.

Find out as much as you can about both the company and the people you will be meeting. If the company is public-that is, its stock is listed on an exchange or listed over the counter-then any number of the previously mentioned sources should be of help.

If you have time, obtain an annual report directly from the company. An annual report alone will arm you with almost everything you need to know about the company-at least for starters prior to the interview.

Annual reports are, in many cases, quite comprehensive. Many companies go to great lengths to publish a report which will really impress their stockholders, potential stockholders, and other influential members of the financial community. In fact, most public companies take a lot of pride in their annual reports. There is so great an interest in the annual reports of public companies that awards are issued in several categories to the best reports of the various public companies. These awards are given out by Financial World Magazine.

Items to look for in a public annual report would be:
  1. A description of the company business. What products do they make, or what services do they provide? What are their trade names? Frequently, the annual report will even indicate how the company stands in the industry. Are they leaders or followers?

  2. Where is the company heading? Many annual reports will include sales trends, earnings trends, and even share-of-market trends. Is the company really expanding?

  3. Financial data. How solvent are they? What is their net worth? Do not forget to read the footnotes to the annual report. Frequently, some of the most important information can be in a simple footnote.

  4. Who is running the company? The annual report will list the company officers and the directors. You can easily see if the company is family controlled-at least in obvious cases, where there are several officers and directors with the same last name.
Is top management young or old? These can all be important factors in your decision-making process. If top management is old, then they might all soon be gone. That could be good or bad. It might provide opportunities for job openings, but it could also mean that someday in the not so distant future the company could be sold-and you could be out of a job! On the other hand, if all the management people are young, that could mean that they are all working very hard to build a great company for the future, and there could be ample career opportunities. But, looking at it another way, if they do not succeed with these great expansion plans, you will not be moving ahead either. It could be frustrating waiting for something good to happen in the way of a promotion-when the boss is younger than you are.

There is an additional report that many public companies file with the Securities and Exchange Commission called the 10-K Report. If you are able to get hold of one, in addition to the annual report, this could provide even more pertinent information on the company. Sometimes negative information might be handled one way in a 10-K report to the Securities and Exchange Commission, and another in the annual report. The more information you have at your disposal, the better off you are.

Private Companies

Private companies are frequently more difficult to check out. A good source is your own bank. Banks subscribe to various credit services which evaluate companies and industries. If you are a half-way decent customer, your banker should be more than happy to assist you. After all, if you can land a better job-you may become a better customer.


If this article has helped you in some way, will you say thanks by sharing it through a share, like, a link, or an email to someone you think would appreciate the reference.




Facebook comments:

Comments

Comment not found for this article.
add comments

Related articles

 Latest Job Market Data Misleading?
 Becoming an Executive Recruiter Can Be a Satisfying Experience
 Getting Prepared
 How to Enlist the Support of an Executive Recruiter

Find Jobs in Every Industry and Location that No One Else Knows About

Other job sites only show jobs employers pay to post.

We show jobs from every employer career page, job board and news source we can find.
Tell us where to send your access instructions:

Your Email:     
2013 Most Influential  Recruiter Rankings
arrow 600+ prestigious recruiters across America ranked
arrow 60+ industries and professions scrutinized
arrow Comprehensive updated candid report
Get the ranking
new jobs this week
on EmploymentCrossing
1,181,791
jobs added today
on EmploymentCrossing
181,430
job type count
on EmploymentCrossing
(480,262)
(438,164)
(367,990)
(338,946)
(313,214)
(261,059)
(237,134)
top 5 job searches
jobs near you
International jobs
Work at home jobs
UK jobs
Canada jobs
New search feature using US map. click here

Looking for a new job in your city? click here
today's featured job
Mgr, Channel Marketing (P/T) - State College, PA
United States-PA-West Norriton

The Journey Begins with you. There's quite a distance between wondering and knowing. And for patients waiting for answers to important health quest...


 Click to Apply for - EmploymentCrossing.com
job search tip
Read the classifieds for information on what's hot, what's not. Be an avid classifieds reader and find out who's hiring, for what jobs, at what salaries.

Your privacy is guaranteed. We will never give out, lease, or sell your personal information.