Friday, December 11, 2009, 9:39PM ET - U.S. Markets Closed.
When it comes to hiring, some employers act like they hold all the cards--and they can treat job seekers as poorly as they want, without consequence. They're wrong: Smart employers know that good candidates have options (to say nothing of the ethical implications of being rude just because you think you can). Here are five common ways employers behave badly when hiring:
| More from U.S. News.com: Find Your Best Place to Work The 30 Best Careers for 2009 The No. 1 Question Your Resume Should Answer |
Having no regard for the candidate's time. From last-minute cancellations, without apology or acknowledgement of the inconvenience, to not paying attention in the interview, some employers act like their time is the only time that matters. Most candidates go to a lot of trouble to prepare for an interview -- reading up on the company, taking time off work, and often traveling--and their time should be respected too.
Not sharing their timeline. Employers have some idea of whether they'll be getting back to candidates in a week or a month. There's no reason not to share that information, and it can be agonizing on the job seeker's side to have no sense of the timeline the employer will be moving on -- and yet many employers keep job seekers uninformed.
| More from Yahoo! Finance: • Where Salaries Are Rising and Falling the Most • Why You Should Cram for Phone Interviews • America's Most Surprising Six-Figure Jobs Visit the Career and Work Center |
Refusing to share their salary range, but asking you for yours. Employers know roughly how much they're willing to pay; there's no reason not to share that info, other than that they're hoping to get you for a lower price. But that's lame: If they lowball you now and you figure out later that you're underpriced for the market, they risk losing you over it. They should tell you the range they expect to pay and put an end to all the drama and coyness.
Misrepresenting the work. Interviewers who make the job sound more glamorous or downplay less attractive aspects of the job--such as long hours--are guaranteeing they'll end up with a bitter employee. Truth in advertising works to everyone's advantage, because candidates who won't thrive in the job, or the culture, can self-select out before they become your disgruntled employees.
Not notifying candidates that they're no longer under consideration. This is both common and inexcusably rude. Candidate are often anxiously waiting to hear an answer--any answer--and end up waiting and waiting, long after a decision has been made. It's about simple respect and courtesy (and it just doesn't take that long to email a form letter).
See today's average rates across the country.
| Loan Type | Today | Last Week |
|---|---|---|
| 30 Year Fixed | 5.01% | 4.97% |
| 15 Year Fixed | 4.55% | 4.54% |
| 1 Year ARM | 3.94% | 3.90% |
| 30 Year Fixed Jumbo | 5.83% | 5.94% |
| 5/1 ARM | 4.28% | 4.12% |
| 3/1 ARM | 4.81% | 4.99% |
| Loan Type | Today | Last Week |
|---|---|---|
| $30K Home Equity Loan | 8.32% | 8.36% |
| $50K Home Equity Loan | 8.19% | 8.22% |
| $75K Home Equity Loan | 8.22% | 8.25% |
| $30K HELOC | 5.20% | 5.22% |
| $50K HELOC | 4.93% | 4.95% |
| $75K HELOC | 4.93% | 4.96% |
| Loan Type | Today | Last Week |
|---|---|---|
| 36 Month New Car Loan | 6.71% | 6.67% |
| 48 Month New Car Loan | 6.83% | 6.79% |
| 60 Month New Car Loan | 6.87% | 6.83% |
| 72 Month New Car Loan | 6.12% | 6.12% |
| 36 Month Used Car Loan | 7.18% | 7.16% |
| 48 Month Used Car Loan | 7.04% | 7.00% |
| Card Type | Today | Last Week |
|---|---|---|
| Business Credit Cards | 9.74% | 9.74% |
| Low Interest Credit Cards | 11.65% | 11.65% |
| Cash Back Credit Cards | 12.08% | 12.08% |
| Balance Transfer Credit Cards | 12.13% | 12.13% |
| Reward Credit Cards | 13.29% | 13.29% |
| Instant Approval Credit Cards | 13.32% | 13.32% |
Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). International historical chart data and daily updates provided by Morningstar, Inc. Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.
Yahoo! Answers is provided for informational purposes only, and no Q&A is intended for trading or investing purposes. Yahoo! shall not be responsible or liable for the accuracy, usefulness or availability of any Q&A information, and shall not be responsible or liable for any trading or investment decisions based on such information. View Complete Answers Disclaimer.