It is important to make sure that you research in depth whether the prospective employer company has a good track record taking into consideration the various factors that encourage employee-centric approach.
Here are some of the things you can research to know whether the Prospective Employer Company is a good Employer :
1. Company’s Financial Status
First and foremost, you need to evaluate and closely monitor prospective company’s financial status in the current market. The financially stable organization is what a potential employee prefers in the longer run. You are not going to last long if the company is on a shaky financial ground so do a good research about the prospective employer company financials. The good track record is in direct proportion to sound financial status.
2. Company’s Culture
If you know any past or current employees of this company, it’s a good option to ask them about the company’s culture. This will give a fair picture of the company’s environment and prevailing cultural background which goes a long way in deciding about the brand value of the company in the market.
3. Hiring/Firing Trend
In order to evaluate the track record of prospective employer company, you need to closely monitor the trends related to hiring and firing. If the employees stay in the company for a longer duration and are satisfied with the existing setup it clearly indicates that the company has a good track record. The employees sticking to a particular organization for a long time shows a positive sign that company’s leadership cares about its employers. Good companies do not fire employees on a frequent basis and value them.
4. Social Media or Networking Sites
Social media plays a critical role if you need to research about prospective employer company and evaluate its track record. There are specialized websites like Glassdoor.cometc. where past or existing employees rate the company on different factors like salary increments, hiring trends etc.
5. Job Security and Stability
Research or determine the job security and stability. If the job security and stability is assured, it will help the employee feel happy and he/she can contribute in a better way.
To Sum Up things
We have listed some of the points on which prospective employer company can be judged by an employee. The company’s overall financial status, culture, hiring/firing trends can be closely monitored to judge its existing track record. Employees joining prospective employer company needs to make sure that employee-centric approach is encouraged and employees are valued, appreciated and mentored in the longer run.
Recommended Reading: What Employers Look for While Hiring