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

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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


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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.

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