Bohan and Bradstreet

March 2020


Too Many Employers?

Monday, March 30, 2020  by Bailey

 

When interviewing, the last 5-7 years is the most critical time period relevant to your next employer. The knowledge, experiences, and skills recently developed should be quickly adaptable and contribute to the success of meeting or exceeding expectations. Part of that value is dedication, employment stability and the advancement of responsibilities within a specific employer.

The days of 20-30-40 years with one employer are rare. According to the Bureau of Labor Statistics, the average number of employers in a lifetime is 10 to 12 and growing. Average tenure was 4.3 years for males and less for females. There are a lot of reasons that create change and here are just a few: blocked for advancement; reorganization; company was acquired or closed; better work/life balance; relocation; higher compensation; lack of recognitions; superior challenges; outsourcing; economic downturn; and changing career direction.

We can rationalize reasons for change whether self-motivated or not. The challenge is when you go on an interview and the hiring executive asks “Why have you had so many employers over the last X years?

This a negative question and the astute candidate will have prepared a positive answer. Trying to defend reasons for moving from one employer to another is not worth more than 10-15 seconds of explanation. What the hiring executive is trying to determine is your potential loyalty (no company likes turnover), how you make decisions about your next employer; and what motivates you to stay with an employer. Here are a few items to consider in your response.

  • Reassure your audience that you are looking for an opportunity to contribute, gain additional experience, learn new skills, and make a difference. If that was true with your most recent employers and things changed, admit it.
  • Emphasize that you do not like to change employers and are looking for a long term solution.
  • Remember what the core requirements are for the role you are interviewing for and emphasize knowledge and experiences relatable to those requirements.
  • Provide examples where you have added value and contributed.

Bottom line….do not defend your response….use this as an opportunity to promote your candidacy.

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Projects Completed in Under 30 Days

Monday, March 16, 2020  by Bailey

Through a referral a new client approached us to provide solutions within their corporate accounting department at a time when the company is rapidly expanding due to acquisitions. This company is a privately owned enterprise trading on a global basis, supplying precision machined components, fabrications and assemblies to leading OEM’s in the aerospace, defense, marine, power generation and nuclear markets. With manufacturing operations in the UK and USA, Their revenues have grown 4 fold since 2015. Bohan & Bradstreet was tasked to search for a Financial Planning and Analysis Manager that would report to the CFO and interface directly with leadership and all operations. In addition, B&B would seek to fill a Corporate Controller role which would oversee all accounting functions within a decentralized business model with Plant Controllers at each site. The Corporate Controller would be mentored by the current CFO who is planning retirement within 4 years so it is an ideal position for career growth. Within one week of the initial call from the client, B&B presented 3 qualified talented candidates for each role and all were interviewed by the client. Both roles had offers from the client within 2 weeks. Our candidates accepted and begin their new positions within 1 month from beginning the searches. The B&B difference is how our team can thoroughly grasp the business model and future goals of the company while streamlining the hiring process. Our search is not for the bullseye candidate that can perform the duties, rather it is the person who can add value over the long term and grow with the company.  

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