Hot business tip no. 1: Look after yourself and your staff

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Looking after yourself and your team draws on several important considerations for financial advisers. There is the importance of your HR approach; there are matters around staff motivation and of course there are worklife balance/health and wellbeing considerations to take into account. An advice practice is essentially a small business and too often HR is put to the bottom of the […]

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Five tips to help you choose a recruiter

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Recruiters can be a valuable partner in helping you bring the right people in to your business however there are a few things you should keep in mind when considering choosing a recruiter to work with you. Number 1: Ensure that the recruiter has a successful track record of recruiting for positions similar to the […]

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Less heat in FOFA, employee numbers static, focus on training – results of the SLICE survey

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FOFA The inaugural SLICE financial planning survey has revealed that only 9% of respondents thought that the introduction of FOFA has negatively impacted on their business growth in terms of staffing and while 25% were unclear of the ramifications of the legislation in follow up discussions most suspected there would be some increase in costs […]

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Five tips for surviving curve ball interviews

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Curve ball interviews can be not only unsettling but unhinge you to the extent that your chances of getting the job you had your heart and souls invested in are derailed. These interviews invariably start off innocuously with the interviewer asking you a range of background questions drawn from your CV. From there they will […]

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Combating the number one threat to wealth management businesses

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Of all the threats to wealth management businesses a wrong hiring decision ranks at the front of the queue, as non-performing employees can soon become ‘the enemy within’ causing considerable damage to a company’s client relationships and its brand. ‘Successful Recruitment – Transforming your business through best practice’ is designed to help bullet proof wealth […]

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Getting referencing right in the recruitment process

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Often referencing is treated as a tick box part of the recruitment process and yet if not handled correctly can lead to mistakes that can cost your business dearly. The pitfalls The common mistake in conducting references is speaking to the wrong people. You should only speak to the manager that the candidate actually reported […]

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The secret to getting interviewing right #2

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In part one of this article, I focused on the need to dedicate enough time to ensure that you are properly prepared for the interview. To read this article, click here. In part two I will take you through the interview questionnaire and in particular what should be included to ensure you are in the […]

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Mastering the recruitment challenge #3

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In parts One and Two,  I discussed how to design and implement an effective recruitment campaign and the resources that you can draw on. In Part Three,  I look at interviewing, referencing, making the offer to the preferred candidate and positioning your business as an employer of choice. Click on the link to read Mastering […]

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Mastering the recruitment challenge #2

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In Part One (published 10 December 2012) I discussed some of the issues you should consider when planning a recruitment campaign. The first two steps covered conducting an analysis/ review of the position and then putting together the position description. Part 2 looks at the decision to DIY or work with a recruiter and then […]

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3 steps for mastering the recruitment challenge – part 1

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2012 has thrown up a number of significant challenges for advisers but the one that has caused no end of frustration has been the issue of staff recruitment. Many owners of financial planning businesses have found that what they thought would be a relatively straight forward recruitment exercise turned out to be a marathon effort, often with […]

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