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Urgency In Your Interviewing Process

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Firms that operate with urgency and a defined interview process are more likely to attract top talent.

Eddy Ricci, Jr., CFP ®, CEPA ®:  We have been talking about the speed of the interview process in a competitive market with our clients for two years. Equally as important is to share the intended steps and timeline of your interview process with candidates in an initial interview so they have some frame of reference. This is a simple step that is often overlooked and can lead to missing out on great talent because they didn’t know the process. It is also a good exercise to help you clarify what you are trying to get out of each step!

Michael P. Connaughton, CFP®, CLU®, ChFC®: Quality wealth management candidates will likely have multiple options, and typically the firms that operate with urgency and a clear hiring process are the ones that win the war on talent. If a firm has communication breakdowns, along with an undefined timeline around next steps in the process, the candidate will begin to lose interest in the opportunity.  Prior to holding interviews, a firm should coordinate efforts with all team members involved in the process to define a clear timeline that is manageable and can be articulated to candidates.

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