Wednesday, 27 November 2019

How to Become a Billionaire - updated for 2019


Billionaires’ First Steps: The Richest People’s First Jobs & Education

The Richest People’s First Jobs & Education General Trends

80 of the world’s richest 100 people have earned a degree. Exactly a quarter of these graduated with a degree in engineering.


54% of the world’s richest started working in a non-family owned business.


14% of the World’s top 100 billionaires started their careers by setting up their own business.


2019 Trends

Are billionaires getting younger? In 2017, Mark Zuckerberg was the only individual in the wealthiest 100 under the age of 40. In 2019, there are now five top 100 billionaires below 40, with a trend of software entrepreneurs joining the list.

The wealth of China is becoming more prominent in the billionaire list. Over the last 2 years, China has moved from having the 4th most individuals in the wealthiest 100, up to 2nd, only behind the United States.

What type of person is more likely to become a billionaire? New research from Aaron Wallis Sales Recruitment examines the wealthiest 100 people’s career backgrounds.

The research suggests that engineering graduates are most likely to become billionaires, and if you want to become one of the world’s richest you should start your career as a software developer or in a stock trader role. Furthermore, you are far more likely to make the top 100 list if you are a graduate as 80% of the top 100 has earned a degree.

The research into first career steps looks at the billionaires who started working in an organisation that was not their own, or family-owned. These billionaires were then grouped into the type of their first job, which gave the following job roles as the top 5 results:


Starting Job Role
Count of Job Category
(Total = 54)
Engineer
8
Stock trader
8
Software Developer
7
Salesman
6
Analyst
5

The study also looks at the top degree subject by type, which gave the following degree categories as the top 5 results:

Degree Type
Count of Degree Studied
(Total = 80)
Engineering
20
Finance & Economics
12
Business
12
Sciences
4
Philosophy
3

For the full results of the study, please visit: https://www.aaronwallis.co.uk/news/top-100-billionaires-2019.aspx

Rob Scott, Managing Director at Aaron Wallis Sales Recruitment said: “In 2019 we are seeing a shift in old-money wealth from minerals and resources to a new generation of billionaires from software entrepreneurship. It’s unsurprising that highly educated and technically experienced entrepreneurs are making their way to the top, with a degree being a great basis for the start of your career.”

Thursday, 29 August 2019

What Does Smart-Casual Really Mean?


The most common dress code in today’s climate seems to be ‘smart-casual’. When what you wear has a big impact on your confidence and productivity, it’s clearly important to get it right! How well do you understand what smart-casual means? Today we’re undressing it!

Smart Casual for Men
Smart casual menswear gives men a lot of freedom to use different colours and fabrics all year round to match the weather! Here are some options: 

When it comes to smart casual for men, you can’t go wrong with a smart shirt and chinos. Chinos are a great fabric for comfort and breathability but are tailored enough to ensure a smart and professional first impression. Dress this outfit up with watches and simple jewellery. Boat shoes are a good match for this look.


This look definitely sits at the more casual end of the spectrum. Tee shirt or polo shirt fabric paired with tailored or skinny jeans in formal colours such as black, navy and grey are also safe casual wear options. As long as you avoid ripped jeans, blue jeans and bright coloured tops, this is a smart and respectable look!


Sticking with jeans, this smart casual look includes layering and accessories, and whilst it takes liberties in some areas such as the sports trainers, it dresses up in other ways with the blazer jacket. This complicated smart casual attire can be broken down into tailored jeans and a colourful suit jacket to match the trainers over a simple white tee shirt. Practical, colourful, but definitely smart casual! 


This look is for the office fashionistas! Pair a shirt and monotone jumpers work with tailored jeans or chinos and accessorise to show a little personality. Check your company policy on hats and jewellery but definitely prioritise a smart watch and either a bold tie or bow tie. 


Smart Casual for Women

These looks look fantastic and professional but are simple enough to achieve! We’re going to break down some smart casual looks for women.

This bold look is both fashionable and formal and has perfectly achieved the smart casual balance.

It might look catwalk complicated but it’s super simple – tailored textured trousers, a soft white shirt and a statement jacket!

This look provides comfort but professional approachability and is great for layering warm clothes in the colder seasons.


For a more casual outfit, try wearing jeans, a monochrome tee shirt and a cardigan. Much like the men’s casual outfit choice, this look depends on monochrome colouring but super simple fashion pieces. Dress this look up with accessories such as necklaces, bracelets and watches and you’ll have achieved the right balance!


If you’re looking to achieve a look that means business, whether you’re a manager or out in the world networking, we recommend going for a smart casual look that is business on top and casual on the bottom.

This look uses a button up shirt, a smart tailored blazer jacket, jewellery, black jeans and Chelsea boots to achieve the perfect managerial outfit that’s as stylish as it is serious!
When it comes to dressing smart casual for women, we recommend you acknowledge the two key elements, of which you always have to achieve one – formal pattern and colour and/or traditional silhouette.

Today’s fashion is testing the limits by using formal print in casual cuts and casual prints in formal cuts. This plaid monochrome jumpsuit definitely adds some personality to the office!


Wednesday, 14 August 2019

How to conduct an effective video interview – a short guide for employers

Video interviews - a guide for employers

Employers are, quite rightly, increasing their use of Video Interviewing as the technology usually is free, and most people these days have a reasonable data connection at home. It can save time, money, unnecessary travel, and, when conducted effectively, can form an essential part of your recruitment process.

However, we hear from both employers and candidates the trouble that they’ve had in having a smooth communication. Typically both employers and candidates do not plan video interviews as well as face-to-face meetings, and consequently, time is wasted trying to get the process going. In this quick guide, we provide employers with quick tips to ensure that their video interviews are as professional as possible. 

This includes:
  • The benefits of video interviewing
  • In which situation should you use a video interview?
  • Critical steps to conducting an effective video interview
  • Common pitfalls and things to consider
Click here to access the free guide to conducting video interviews for employers.

Video interview tips for candidates to ensure that they perform their best at a Skype or video interview can be accessed here: https://www.aaronwallis.co.uk/candidates/advice/how-to-succeed-in-a-skype-sales-interview.aspx

Monday, 12 August 2019

A Quick Guide to Aptitude Testing

A five-minute guide for employers on Aptitude Testing and how for a relatively small outlay they can significantly help improve your hiring success rates.  

What are Aptitude Tests

The guide includes:


  • What is aptitude testing?
  • The benefits of aptitude testing candidates
  • Types of aptitude tests
  • How to help put candidates at ease
  • How aptitude tests are evaluated
  • The Golden rule of Aptitude Testing


For more information and to read the free guide visit: What are aptitude tests

Sunday, 13 January 2019

Ethical Practice When Interviewing

A quick and easy to read guide on how to ensure that your interview process is ethical and straightforward tips on how to mitigate against 'unconscious bias'. 

The guide contains four tips, used in all public sector recruitment processes, to ensure that you implement an ethical recruitment process.

The guide can be downloaded here:

https://www.aaronwallis.co.uk/employer/advice/ethical-interviewing

Tuesday, 18 December 2018

Sunday, 23 September 2018

Managing Employees Through Their Notice Periods

Notice periods are a two-way street. On the one hand, they protect the business, giving it time to replace a departing member of staff.

On the other, it allows the employee a time and/or financial buffer if the company wants to part ways with them.

In this article, we’ll examine notice periods and how you as an employer should use them when a member of the team resigns.

https://www.aaronwallis.co.uk/employer/advice/employee-notice-periods

Tuesday, 18 September 2018

How to WOW in a competency based interview using the STAR method

Competency-based interviews have been around for a while now and are reasonably commonplace with companies that have a planned recruitment process.

However, every time that we mention to a candidate that their meeting will be competency-based, you can almost hear an audible 'shiver' descending through their spine. 

This has always been a decent page on our site, but I re-read it recently and felt that it needed sprucing up.

So, we've reviewed the page and expanded upon the commonly used STAR method to help candidates prepare for the type of questions that they will be asked.  Hope that it's useful!

How to WOW in a competency-based interview using the STAR method

Monday, 10 September 2018

Logic-Based Interview Questions For Employers


Brain teasers to source the brightest candidates

Logic-based interview puzzles are becoming increasingly popular in recruitment processes to help employers find the brightest candidates and gain insight into a candidate’s thought process.

Brain teasers are particularly popular in the tech sector, where employers want to find the most logical candidates who can help them advance with their next innovative product launch.

Famously, Google is very keen on logic puzzle interview questions, even ceasing to ask some of their more difficult questions as “they were too tricky”. More recently, tech giants like Airbnb and Facebook have adopted logic puzzle questions to find the right software developers to keep them ahead of the competition.

Integrating logic based interview questions into a recruitment process can be a great opportunity to see how a candidate thinks on their feet. It isn’t necessarily about getting the answer right but more of a measure to see how they apply logic and question the information provided. 

Too often interviews rely on evaluating the achievements of a person’s past, which is important, but logic-based questions can be a great indicator of how the candidate deals with the problems that are placed in front of them.

With this in mind, Aaron Wallis Sales Recruitment has collated a series of 3 great logic puzzle questions for employers to work into their recruitment processes. For more information click on this link: https://www.aaronwallis.co.uk/employer/advice/logic-interview-questions

Tuesday, 28 August 2018

How To Resign & Resignation Letter Template

I was asked earlier for some tips on how to resign and what a resignation letter should contain.  We did already have an article on our site but I decided to expand upon this and include a sample template.

The article can be found here: https://www.aaronwallis.co.uk/candidates/advice/resignation-letter-template

Friday, 24 August 2018

How to Get an Entry Level Sales Job

You may have discovered that your personality type is perfectly suited to a sales position. Sales jobs, despite the stereotypes, are not best carried out by people who are pushy, aggressive, and egotistical in their approach to dealing with customers. In fact, the best salespeople are modest and humble. In addition, if you are the kind of person who is highly conscientious (responsible and reliable), people-oriented, achievement-oriented, curious, and never discouraged by a challenge, then sales could be the right career path for you.

Finding a high-quality entry level sales job with good prospects can be a challenge. But there are many things you can do to make you an attractive candidate. Recruiters will want to see that you have the necessary experience and skills to excel in the position.

Work Experience

During 6th form, you’ll most likely get the opportunity to gain some work experience. If you want to increase your chances of getting an entry level sales job, then it’s worth specifically looking for short-term placements (usually 1-2 weeks, but sometimes longer) where you can get some sales work experience. Many larger companies, such as Microsoft, Nestle, Nissan, and Unilever offer summer placements.

If you’re still in school or studying at university, then it may be worth looking for part-time work. This would put you at a significant advantage over other candidates applying for an entry level sales job. There are plenty of jobs in retail, hospitality, and telesales available on a part-time basis. For instance, you could get relevant experience by working as a retail sales assistant.

Internships

Another option is to do an internship. These will also be a short-term commitment (usually ranging from a few weeks up to a few months), so they can easily be done during the summer holidays (if you’re at school or university) or after graduation. Some internships are longer term. For example, big companies like Microsoft and Nestle – as well as offering work placements – have opportunities for one-year industrial internships in sales or customer management.

Other recruiters offer internships in sales, marketing, or general management that act as a fast-track to graduate sales positions. Before agreeing to an unpaid internship, it’s important to find out, firstly, whether you can actually afford it. Many unpaid internships are full-time and based in London, so take into account all of the costs involved. Also, you need to figure out whether the internship is technically legal. You’re entitled to the minimum wage if you will be:

·         working set hours
·         doing work that would otherwise be done by an employee
·         working unsupervised
·         working under a contract (whether implied or explicitly expressed)
·         working to deadlines
·         managing staff

Basically, when you see a listing for an internship, or you’re interviewed for one, if it seems like you’ll be doing work which you would normally be paid for, then you probably should be paid for it.

Attending relevant networking events is another way to give you important insight into what a sales job is like, as well as help you to build essential skills, such as communication, active listening, and rapport building.

Skills That Look Good on a CV

Whether you do an internship, a work placement, or a part-time job, there are certain skills you can develop that will make you an ideal candidate for an entry level sales position. These skills include:

·         Communication
·         Product knowledge
·         Active listening
·         Rapport building
·         Teamwork
·         Negotiation
·         Networking
·         Customer service
·         Marketing
·         Management
·         Public relations
·         Persuasion
·         Public speaking
·         Presentation skills

Remember, though, you don’t just want to list these skills on your CV without any evidence to back them up. That’s easy, generic, and unimpressive. An employer will want to know specific examples of how you developed these skills, put them into practice, and achieved results and progress because of them.

A Relevant Degree

Earning a degree that is related to sales is not necessary to get you an entry level job. But it can give you a massive leg up. After all, the graduate jobs market is highly competitive. According to one Master Avenue’s 2018 survey, the degrees most likely to get you a sales job include Economics, Business Administration, and Marketing.

If you’ve already got a degree under your belt and it doesn’t really tie into sales, don’t worry – there’s no need to go back to university and pay for another degree. There are plenty of free online courses to help you gain the knowledge that will make you a prime candidate for an entry level sales job.

Ultimately, employers are looking for graduates who have relevant experience and who show commitment to their career progression. It is expected that 32% of a recruiter’s entry level sales jobs will be taken up by graduates with previous experience of working for that company. This means that getting a work placement or paid internship at a company you would love to work for will give you the best chances of landing a fulfilling and promising entry level job.



Guest Post: Sam Woolfe writes for Inspiring Interns, which specialises in sourcing candidates for internships and graduate jobs. He is particularly interested in self-development, psychology, mental health, and the future of work. Most of all, though, Sam is passionate about helping people find work that is meaningful and fulfilling. You can follow him on Twitter and find more of his work at www.samwoolfe.com.

Thursday, 26 July 2018

Interviewing For Cultural Fit and Example Questions

It’s not enough to simply hire someone who has the skills and experience to fill your open position.

Smart employers must also satisfy themselves that the potential recruit will fit into the culture of the business and sign up to its vision and values. Read on to learn more about cultural fit, and some pointers for employers and candidates to look out for in an interview.

We’ll finish up with 10 example cultural fit interview questions.  Read more here: https://www.aaronwallis.co.uk/employer/advice/cultural-fit-interviewing

How to Conduct an Exit Interview

When one of your employees leaves, you’ve one last chance to get something useful from them. Not the keys to their office desk, but their honest thoughts about your business and the lessons that you can learn from why they are leaving. 

In this article, we’ll explore how you can conduct a productive exit interview - https://www.aaronwallis.co.uk/employer/advice/exit-interviewing

Monday, 9 July 2018

Five Top Tips for Value Based Interviewing (VBI)

Using value-based recruitment to find the right staff for your team.


Many sectors in the UK have started incorporating value-based interviewing (VBI) into their recruitment processes to ensure that they recruit people who match their organisational values. 

Particularly in organisations where client, customer or patient care is critical to success, value based interviewing can be a great way to gain insight into the way people think or may make decisions.

Over the last few years, both public and commercial organisations, such as the NHS and Nissan, have invested in value based methods of recruitment to find the right staff.

With this in mind, Aaron Wallis Sales Recruitment have collated some essential tips for getting the most out of value based interviewing: https://www.aaronwallis.co.uk/employer/advice/value-based-interviewing.aspx

1. Use VBI in the right situation


Some roles or sectors may require employees with a stricter set of values than other organisations. For example, workers in the healthcare industry may be expected to have a clearer set of ethics than the more commercial organisations, but similarly, employees working in HR or data protection would be better suited with values of integrity and honesty.

Use value-based interviewing in these situations to find staff who will fit both role and organisation.

2. Consider the values right for your organisation


Before interviewing, it’s important to consider the values that you need from your staff for them to reach their potential and perform well in your company or organization. Make a list of the values of your top performers in similar or parallel roles and use these to inform what you’re looking for from your next employee. 
Break down this list of values into ‘must-haves’ and ‘nice-to-haves’, which will help inform the evaluation process and your final decision between candidates.

3. Write interview questions with these values in mind


After creating your list of ‘must-have’ values for the role, structure the interview questions by trying to assess whether a candidate has the ethics you’re looking for. For example, if you’re looking for an employee with the value of determination, you could ask the interviewee: “Tell us about a mistake you’ve made? What did you do about it and what was the end result?”
Have a different question in mind for each of your ‘must-have’ values to really get a sense of how a candidate would perform in your organisation.

4. Use follow-up questions to delve deeper


Clever candidates can be coy in saying exactly what they think an employer will want to hear. In the case of a healthcare organisation, candidates could talk in great detail for their passion for caring for people, without providing any real examples of how they deal with real-life situations. It’s your role as the interviewer to probe deeper with follow-up questions that explore a candidate’s real background and values.

5. Be careful what you ask


When designing questions, ensure that they don’t cross an ethical line. With recent discriminatory legislation coming into the workplace, it can be easy to trip-up on questions which may initially appear innocent. Questions around age, nationality, marital or family status may seem like question ‘openers’ or friendly discussion, but can often cross the line and more often than not it's not your place as an employer to ask these type of questions.

If in doubt on interview questions, consult online guides on ‘interview questions you are not allowed to ask’ or government recruitment discrimination legislation

Monday, 2 July 2018

Do you have to work out your notice period?

We are regularly asked whether you have to work out your notice period.  Here are some pointers and advice on working through your notice period to ensure that 'bridges are not burnt' - https://www.aaronwallis.co.uk/candidates/advice/working-out-your-notice

Thursday, 28 June 2018

How Many Candidates Should You Interview?

You’ve created the perfect job description and been inundated with CVs from hundreds of potential recruits. But how many of them should you interview? 

Too many and you’ll be wasting your and their time, too few and you might miss out on the perfect candidate. 

Here, we’ll explore the interview options to help find your ideal new starters - https://www.aaronwallis.co.uk/employer/advice/how-many-candidates-to-interview

Tuesday, 26 June 2018

Brief article on how to conduct a panel interview


A panel interview consists of two or more people sitting together to ask a candidate questions.

Typically, your panel might consist of someone from human resources, the hiring manager and an employee from the hiring department. But what are the benefits, and how do you lead a panel interview? Here, we’ll explain why it’s a useful tool in your recruitment armoury.

Read more here: https://www.aaronwallis.co.uk/employer/advice/how-to-conduct-a-panel-interview


Monday, 25 June 2018

How To Answer The 'Tell Me About Yourself' Interview Question


‘Tell me about yourself’ is a question posed by nearly every interviewer, yet research from Aaron Wallis Sales Recruitment suggests that it is a question that a vast amount of people struggle with: on average over 33,000 people in the UK search online each month for answers or guidance on answering the question (Google Keyword Planner, 2018)

With this in mind, sales recruitment agency, Aaron Wallis, has collated a series of hints and tips for getting the most out of the common interview question and performing to your best ability.
Be prepared 

As ‘tell me about yourself’ is such a common interview question, there’s nothing silly about writing down your answer and saying it in front of the mirror, or practicing your answer with someone you know. Whilst it can be good to have a rehearsed answer, it's also worth bearing in mind that you don’t want to sound like you’re reciting it from memory. Be prepared to appear confident but natural.

Structure your answer

The best answers to the question give a brief overview of you and your experience, without taking too much away from the later stages of the interview.

Begin by outlining your current or most recent role and describing the skills or attributes that you bring or brought to the position, ensuring these will be relevant to the job you’re going for. 
Finish up by saying while you’ve enjoyed your work, you’re excited for the fresh challenge this new opportunity brings, and why.

Consider what you want to get across

A common pitfall is mentioning too much about yourself that may either cause you to waste time during your interview or lose the natural flow of the conversation. Chances are that your interviewer has already studied your CV, so does not need to be told about every job you’ve ever had, or what your exam results were – even if they were straight As. 

Avoid the irrelevant or controversial

Similarly, although you might be a cycling fanatic or a keen cook, this can be totally irrelevant at the start of the opening stage of the interview. In the majority of job interviews, avoid talk of family, pets and politics.

Get ready for the following questions

If you’ve introduced yourself well, your interviewer is going to be impressed and keen to delve deeper. He or she will want to explore your experience, strengths and weaknesses further, but will do so under the impression you’re a good fit for the role. Make sure you can back up your initial answer with examples or anecdotes. So, if you said: “In my current role I have increased sales by broadening our customer base,” just make sure you’re ready to answer follow-up questions later in the interview like: “How much did you increase sales by?”, or “How many extra customers did you bring on board, and how did you find them?”

Robert Scott, Managing Director of Aaron Wallis said: “Often the simple questions can be the ones which are the most unnerving if you haven’t considered what you might say. Generally, it can be a good idea to plan out the interview in your head from the very start to the very finish. It’s never a bad thing to be overprepared!”

For a more detailed guide on answering the ‘tell me about yourself interview’ question,
please visit: https://www.aaronwallis.co.uk/candidates/advice/answering-tell-me-about-yourself

References

1 Data from Google’s Keyword Planner, looking at average monthly searches for queries relating to ‘answering the tell me about yourself question’ from June 2017 - May 2018 in the United Kingdom