The interview board or selection procedure will try to get the decent candidate as the costs of getting it false are pricey – both strategically and financially. The CIPD have recently calculated the average cost of making an employee redundant was £16,375, excluding any hidden costs. The clever boffins have calculated the following: Real Cost of Redundancy = (N x R) + (X x H) + (X x T) + ny(H+T) + Wz(P – N) Where: N = number of people made redundant R = redundancy payments X = number of people subsequently hired H = hiring costs T = induction/training cost Y = percentage quitting post redundancy W = average reduction in output per worked caused by lower morale P = number of people employed prior to redundancies Remember that Nationwide, from September 2009 to January 2010 there is 49% increase at the permanent IT job ads to the same period in 2009. (source: www.itjobswatch.co.uk) After the interview: 1.Think thoroughly your interview 2.Try to learn from your experience You need to do whatever it takes to prepare yourself properly for your consultant interview. If you have to give a presentation, then remember: From Dale Carnegie’s book ‘The Quick and Easy Way to Effective Speaking’, to make sure your mind is in the right frame to improve your public-speaking skills: 1. Take heart from the experience of others 2. Keep your goal before you 3. Predetermine your mind to success
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