Done your research?

Given the current economic climate, it’s no surprise that candidates have started to demand higher standards and security from employers.

A recent survey conducted by the Huntress Group, has found that candidates are taking into consideration not only the reputation but also how secure the organisation is, a lot earlier in their application process than a few years ago.

The main findings from the study are:

• 47% said they would always check to see if a company is financially stable before working for them.
• 45% would be most concerned if a company has changed its name a number of times.
• 59% would think carefully before working for a company with an unfavourable Credit Report.
• Over half would not consider a company with a high turnover of senior management, in particular, directors.

Almost a third surveyed have worked for a company that has closed down since they left, which is reflected in the top three factors when choosing the next career move:

 

• Job satisfaction
• Company stability
• Proximity to home

Do you vet an organisation before applying for a role, or going for interview? What would be your key deciding factors?