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8
Ways to Research Your Prospective Employer
The
amount of knowledge you have about a potential employer, and on
the industry in which you hope to work can give you a competitive
edge. This pertains both to making initial contact with employers
and before going on interviews. In addition, having information
on a company is also invaluable when it comes to evaluating a job
offer.
You
should know the company's industry, what they do, who some major
clients are, and the names of some of the company's higher-ups,
i.e. CEO, President, etc. You should also know who is in charge
of hiring for the position you are seeking.
Here
are some resources to find company information.
- Corporate
WebsitesMost businesses use their home pages as a marketing
or communication tool for generating and retaining business. They
may also provide annual reports, news articles, business ventures,
and information about products and services. You should spend
a good portion of your research time reviewing the information
available at your company's home page. You can locate a company's
web page by using a search engine such as www.google.com.
- DirectoriesHere
you can get information on public and private companies, although
you may be limited with private company information. A couple
sites to check out are: http://www.corporateinformation.com/
& http://hoovers.com/free/.
- Press
ReleasesLike an annual report, press releases present
information in a way that appeals to the media, and in turn to
the consumer. They are generally written by professionals who
know how to make even the most damaging news somewhat palatable.
If you need to find out newsworthy information about a company
they are a good source.
- Local
newspapersLocal newspapers usually publish articles
about companies in their city or town. This is often the only
place you will find information on small, local companies. Some
newspapers publish special business sections once a week. You
will also find information about employees at those companies.
Should someone win an award or special recognition, a local newspaper
is where you would find it. You are probably wondering what this
bit of trivia could mean to you. Well, imagine this scenario.
You learn you are going to be interviewed by Joanne Manager. You
do a little research and find out that she just won a 10 kilometer
race. It just so happens that you're a runner as well. Isn't this
a great way to establish rapport?
- National
NewspaperWhile the New York Times is not planning
to change its name to the U.S. Times, it can serve as
a source of national information. The same can be said of other
newspapers across the country, like The Boston Globe,
The Chicago Tribune, and The Washington Post,
to name only a few. Articles on larger U.S. and international
companies are featured in the pages of these publications. If
something newsworthy happens you will probably find it in any
large newspaper. Many are also available online.
- Business
JournalsThe most well known is The Wall Street Journal.
There are also smaller, more local business journals. You can
find information on local companies as well as companies with
a wider geographic scope. These journals provide a good way of
tracking who has moved where, what companies have what clients,
and which companies are relocating to your area. Openings of new
businesses should also be announced in a business journal.
- Industry
JournalThese publications follow companies within different
industries. This is a great way to become more knowledgeable about
the industry in general. You can look at trends and upcoming changes
to determine how you can best make an impact. Remember, you are
trying to show potential employers what you can do for them.
- Professional
JournalsThese journals keep you apprised of goings on
in your field. In addition to providing company information, professional
journals give insight into changes in a particular field. These
publications also contain advice about how to do your job better.
Being able to discuss new medical billing software with the office
manager of a doctor's office will show your level of expertise
and interest in the field.
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