Turnover causes upheaval for employees and employers alike. Turnover is costly, chaotic and disruptive. So how do you throw down roots and find a job where you can thrive, long term?
Approach your job search as you would any other professional endeavor, with meticulous care and preparation. Distinguish yourself as an informed candidate, learning everything you can about any prospective employers you’re considering. It’s more than just good job search strategy; according to Glassdoor’s Employer Retention Study, employers that hire Glassdoor’s informed candidates see higher retention rates.
While searching for a job can be a challenge, it’s also a transitions that’s rich with promise: maybe this is a pivotal opportunity where you grow into your true professional self and stay happily positioned for the long term.
How do you garner that kind of success?
The informed candidate
Distinguishing yourself as an informed candidate is impressive, and it can lead to greater longevity in the position you secure: Glassdoor’s Employer Retention Study reveals that job candidates who use Glassdoor data to aid their searches have a 30% higher retention rate than their peers.
Glassdoor provides a trove of valuable information, including company reviews, that give you an insider’s glimpse into the companies you’re considering. It’s helpful to read what current and past employees write about their experiences. It’s also beneficial to learn about the leadership and to see how the CEO ranks. This can aid you as you prepare and as you generate your questions for the interview team.
Doing this research demonstrates that you’re the kind of interviewee who companies want to meet, not just because it suggests that you’re “a person who is well-researched and engaged,” but it also indicates that, if hired, you are likely to “get onboarded faster and exhibit greater productivity.”
Glassdoor’s Employer Retention Study confirms that employers can increase retention by hiring Glassdoor’s informed candidates. It’s a win-win for those on both sides of the table.
Salary Prep
In a Glassdoor study on why employee leave their jobs, compensation is implicated as a significant cause: “The study found that most job transitions were upward moves, with 63 percent of job moves resulting in the same or higher pay for workers.” Another Glassdoor retention report, Why do Workers Quit: Factors that Predict Turnover, notes: “Pay also matters for employee turnover. We find that a 10 percent increase in base pay raises the likelihood by 1.5 percent that the average employee will stay inside the company when moving to their next role.”
Remember, when you’re negotiating salary that bolstering base pay has implications related to your longevity in the position. Use Glassdoor data to conduct your research with this in mind.
The first step in salary research is to know what range to target. It’s not necessary for this figure to be anchored in what you currently earn; in fact, in some states it’s now illegal for employers to ask about your previous salary. Instead, an estimate based on your title, location, experience and current employer is a more representative starting point for salary negotiations.
Glassdoor’s Know your Worth tool will give you a custom estimate of your base pay, using these factors. This way, if you didn’t earn a raise in your last job, you were filling a lower-level role or you started your job at a lower salary, you won’t carry a discrepancy into your new position.
Next, peruse the salaries that are available at the companies you’re considering. Examining salary range data can give you a sense of what the pay scale looks like for prospective employers.
Preparing to nail your salary negotiation is important. Securing a better starting salary for yourself means that every raise that incrementally bolsters that base pay will be higher. It’s another way that informed candidates set themselves up for success.
Benefits Review
Benefits are a key part of the compensation picture. Remember to examine the benefits summary, and pay attention to the employee comments about benefits. Benefits are a core part of compensation that you can use to leverage your salary negotiations and earn what will secure a lasting fit for you.
Interview Lowdown
Glassdoor gives past interviewees a platform to detail their experiences. Review their feedback to learn what types of questions may be posed and what format your meeting might follow. Having a sense of what you can expect can put you at east and make you feel more prepared and focused. That’s step one in impressing your interview team and finding a job that truly suits you.
You have the tools at your disposal to target more than just a next gig. Use Glassdoor to do the research that finding fit demands. After all, you’re not aiming to punch a clock, you’re targeting the job that fits your life.
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