• LinkedIn
  • YouTube
  • Twitter
  • Facebook
  • Google+

How should I respond when applicants ask about our financial stability?

by on
in Human Resources,The HR Specialist Forum

Our company is doing OK in this lousy economy, all things considered. In fact, we occasionally hire someone! However, it’s not easy doing business these days, and I really can’t say we’re thriving. It’s more like we’re doing a really good job of hanging on. When we conduct interviews, candidates naturally want to know about our financial stability. I struggle with what to tell them. I don’t want to paint a too-rosy picture, but I don’t want to scare off good potential employees either. Has anyone faced this problem? How do you handle it?—Keith, Houston


See responses below

Like what you've read? ...Republish it and share great business tips!

Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...

We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.

The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.

" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/18865/how-should-i-respond-when-applicants-ask-about-our-financial-stability "

{ 1 comment… read it below or add one }

Chelsea August 3, 2010 at 6:18 pm

My recommendation would be to give a very high level picture, and focus on plans for the future. Stating “we’re doing XYZ to improve profitability” is a great way to keep it positive while passively acknowledging short comings and opportunities.

Reply

Leave a Comment