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SelectOne Blog

How Much Should a Candidate's Experience Determine Their Salary?

Posted by SelectOne

“Requirements: 5+ years of experience.”

Lines like this are incredibly common in job postings. But within that requirement, there’s an awful lot of variability included in that little plus sign. 5 years? 20 years? Beyond the basics of hiring, what does that experience mean when you’re setting salary?

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Topics: Business, Hiring Strategies, Financial

How to Determine the Right Salary for a New Position

Posted by SelectOne

Determining the salary to offer for a position that already exists at your business is fairly straightforward. You look at the salary of the previous person or people in the role, take into account their skills, experience, and other qualities, and work from there.

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Topics: Hiring Strategies, Business, Financial

5 Mistakes to Avoid When Setting and Negotiating Salaries

Posted by SelectOne

Just as there are plenty of best practices when it comes to setting and negotiating salaries with new (and newly promoted) employees, there are also some major pitfalls that you will definitely want to avoid.

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Topics: Hiring Strategies, Business, Financial

Tips on Negotiating Salaries with New Employees

Posted by SelectOne

While it’s pretty well known that many (if not most) new employees will try to negotiate their salary once they’ve been provided with an offer, hiring managers still find themselves blindsided by the prospect of actually negotiating. Do you always need to meet them in the middle? Should you ever decline to negotiate? What do you do when there’s really no wiggle room in the budget at all?

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Topics: Hiring Strategies, Business, Financial

The Best Ways to Incentivize a Salaried Employee

Posted by SelectOne

When you need to ask an hourly employee to put in some extra hours, the carrot you’re offering is obvious: more pay for more time, and potentially overtime pay as well. When it comes to salaried employees, though, it becomes trickier.

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Topics: Business, Financial, Hiring Strategies

What Salary Guides Don't Teach You About Setting Salaries

Posted by SelectOne

When setting salaries for new positions at your business, it can be tempting to just pick up a salary guide for whatever job title you are running with and go with whatever range they recommend. And salary guides can be one source of information about salary ranges (although they’re increasingly being found to be unreliable).

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Topics: Hiring Strategies, Industry Trends, Business, Financial

Using Personality Tests in the Hiring Process

Posted by SelectOne

Personality tests get a bad reputation, and with good reason. So many of them are little better than those online quizzes promising to answer deeply meaningful questions like “What fungus are you?” or “What color Power Ranger is your soul?”

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Topics: JobFIt, Hiring Strategies, Industry Trends

The Pros and Cons of Workplace Assessments in the Hiring Process

Posted by SelectOne

There are a lot of different theories surrounding good hiring, but there is definitely consensus around one thing: hiring can be frustrating and overwhelming. Increasingly, employers are turning to various kinds of assessments in order to help with this process.

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Topics: JobFIt, Hiring Strategies, Industry Trends

How to Significantly Improve Your Chances of Making an Awesome Hire

Posted by SelectOne

There is no such thing as a 100% guarantee when it comes to hiring. You can be as thoughtful, careful, and scientific as you want. You can create new processes, you can track down elusive references with the determination of Nancy Drew, you can leave burnt offerings to the Spirits of HR, but you’ll still make a bad hire every once in a while.

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Topics: JobFIt, Hiring Strategies, Industry Trends

How to Evaluate a Job Candidate's Emotional Intelligence

Posted by SelectOne

A high IQ can be handy, but a high EQ is what really helps move entire teams forward. Emotional intelligence is the ability to manage your own emotions and the emotions of the people around you. It means you have empathy for others and can address their needs appropriately, even when you might be distressed yourself.

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Topics: JobFIt, Hiring Strategies, Industry Trends

How to Avoid Making a Bad Hiring Decision

Posted by SelectOne

Bad hiring decisions come back to haunt managers again and again. Whether it’s the employee who turns around and ruins the morale of the rest of their team, the one who quits without notice during your busy season and leaves you in a lurch, or the one who consistently loses your money in their grinding, everyday incompetence, the results of a bad hire can drag on and on. And the cost of a bad hire can equal 30% of the employee’s annual salary, a very real reminder of the hazards of poor hiring.

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Topics: JobFIt, Hiring Strategies, Industry Trends

How Can You Tell If a Candidate is Going to Be Successful or Not?

Posted by SelectOne

Doesn’t every manager wish they had a crystal ball? Not only could you see upcoming technical advances, consumer trends, and tax reforms, but you’d be able to tell which employees were destined to be superstars and which would quit within three months— or worse, stick around as an unhelpful thorn in your team’s side, causing you to miss out on other, more competent potential hires.

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Topics: JobFIt, Hiring Strategies, Industry Trends

Determining when a job applicant is faking something

Posted by SelectOne

Interviewing is challenging enough when you assume that everyone is operating in good faith. You’re honest, they’re honest, and you both hope as hard as you can that you dig up the right information to determine whether it’s a good fit.

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Topics: Hiring Strategies, Industry Trends, JobFIt

Best practices for determining job suitability in the hiring process

Posted by SelectOne

Determining job suitability can be one of the most challenging parts of hiring. Finding applicants? We’ve got job boards, professional networks, and LinkedIn for that. Winnowing those resumes down? Many can be eliminated at a glance, and others can be pitched for not following instructions.

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Topics: JobFIt, Hiring Strategies, Industry Trends

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