The Rise of Video Interviewing - Are You Prepared - Your Career Intel

The Rise of Video Interviewing - Are You Prepared - Your Career IntelWith its potential to cut costs and boost efficiency, video interviewing is becoming increasingly common. According to the Aberdeen Group, 32% of surveyed organizations reported that they invested in video interviewing in 2013, compared with just 21% of surveyed organizations in 2012. Increasingly, job applicant success hinges not only on the traditional in-person interview, but also on ones ability to wow from behind a tiny webcam.While you may have experience with interviewing through video streaming, you should also be aware of a rise in pre-recorded video interviews via zugreifbar platforms like HireVue, VidCruiter and InterviewStream. In these sessions, rather than talking to an actual person, interviewees create video recordings of responses to questions provided by the employer.Regardless of the type you may encounter, mastering the following interview tips will help you nail your next video interviewConsider Your SettingA video conference puts you in charge of your surroundings, so make them work to your advantage. This is especially crucial for pre-recorded interviews, which recruiters and managers may view repeatedly. If youre interviewing from home, make aya the room is well-lit and cleared of any potential distractions. Also, keep in mind that the interviewer wont just be looking at your face. Shell also see anything thats directly behind you whether its an inappropriate movie poster, an unmade bed or your napping cat. Make sure the background is business-appropriate, tidy and free from human or animal distractions.Get Familiar with the TechnologyWhile a technical glitch may not be your fault, it certainly doesnt paint you in the best light. If you dont use video conferencing or recording on a regular basis, do a few practice runs in advance. If possible, connect with the exact same technology youll have for the real interview. Make sure your Internet connection is dependable and that youre using the computing device that delivers the clearest picture possible.Adjust Your Body LanguageMaintaining strong eye contact is one of those classic job interview tips that seems simple to execute, but can get tricky during a video interview. Always look directly at the camera. You wont technically be looking at the other persons eyes but from the interviewers perspective, it will feel like you are.If youre accustomed to making hand gestures in interviews, note that these movements can appear overdramatic when theyre on a video screen. Keeping hand movements to a minimum will help your interviewer remain focused on your face and, more importantly, your responses.PracticeIf youre worried about the impression youll give during a pre-recorded or videoconference interview, simply record yourself in advance while you practice answering common questions. Take note of any bad habits and work on eliminating them. Platforms for pre-recorded interviews are all slightly different . Familiarize yourself with how the one you will be using works and practice with that in mind. Many pre-recorded interviews allow you to re-record your answers until youre completely satisfied, so allow yourself plenty of time to take advantage of this feature.My years of working with professional candidates and organizations have shown me firsthand the strong impact an interview has on the final decision. Instead of letting the video format throw you off, take advantage of your increased ability to control and tailor your interview experience and showcase your skills to the fullest.Have you recently been interviewed via videoconference or pre-recorded interview? I welcome your thoughts on the experience below.

Emergency Fund Heres How Much You Really Need to Save

Emergency Fund Heres How Much You Really Need to Save Saving for a rainy day can feel impossible whether you live paycheck to paycheck or have a stable income but a lot of necessary expenses each month. If youre stressed about money, you arent alone. A 2017 GOBankingRates survey found that more than half of all Americans have less than $1,000 in savings and 39 percent have nothing saved at all. The number of millennials who are falling behind on saving is increasing, and many arent prepared for the unexpected According to the Charles Schwab Modern Wealth Index, only 30 percent of millennials have an emergency entdeckung that could deckblatt living expenses for three months.If you havent mastered your savings strategy yet, dont worry its never too late to start. An emergency feststellung to cover unexpected expenses is the first savings account you should build. Heres what you need to know.You Need Enough to Cover Three Months of Necessary ExpensesWhen it comes to your emergency fun d, something is always better than nothing, but finance experts say that three months of expenses is the bare minimum for most people. Your personal situation should determine how much you should save and how quickly to build your fund theres no one-size-fits-all approach. When you calculate a three-month total, think about required living expenses. You probably dont need to overhaul your entire wardrobe or stream the latest episodes of your favorite TV show if you are out of work and need to make ends meet but you will need to pay your rent or mortgage, feed yourself and your family, put gas in your car, and continue to cover fixed expenses like student and auto loans....But You Should Plan for moraExperts suggest that the more you make, the more you should put away. The same applies if you have a family to support, a single stable income to count on between you and a partner, or high fixed expenses. Eric Black, a financial coach and owner of Financial Freedom Mentors, recommends his clients have a minimum of six months in their emergency funds so they dont feel so much pressure to resolve their situation in three months or less. Some experts even say an emergency fund should be able to cover a year or more of unemployment for high earners with specialized skills, it can take longer to find a new, well-paying job. For those who work freelance or in volatile industries, the job market is even more unpredictable.An Emergency Fund Isnt Just for Job LossYour emergency fund can certainly be used to keep a roof over your head and food on the table if you lose your job, but its also there to cover large, unexpected expenses like major car repairs, a family event that pulls you out of work for an extended period, or emergency medical treatment. You can use these savings to pay big bills instead of racking up high-interest credit on items that are outside of your regular budget. Create a Separate AccountWhen it comes to savings, out of sight and out of mind means l ess aussicht youll use the cash for non-emergency purposes. Open a separate account dedicated to this fund. A high-yield savings or money market account is a good bet both have slightly higher returns than a normal savings account and can still be liquidated quickly if you need the money. This account should not also be used for fun savings like vacations or a wedding. Dial in Your BudgetLearning how to work savings into your budget can feel overwhelming, especially if you already live paycheck to paycheck. However, you dont have to put away hundreds of dollars every week to build your emergency fund or meet other savings goals a few dollars here and there, and some smart cuts to your discretionary spending, will do the trick. Go Kon-Mari on your spending, says Lauren Zangardi Haynes, a financial planner with Evolution Advisers in Richmond, VA. Any extra cash you find, even if its only $20 bucks a month, should be automatically transferred to your savings account with each paychec k.Set up an automatic transfer from your paycheck to your savings account or use an app like Digit to save passively. Identify one or two regular monthly expenses you can cut try a no-spend week or month in which you spend only on absolute necessities find a side hustle to bring in extra income TaskRabbit, Airbnb, or freelance writing, for example and deposit your entire tax refund into your emergency savings account.Pay It BackDont forget If you sauce into your emergency fund for any reason, you must pay it back. While ideally youll never have to use these savings, it isnt a one-time commitment you can finish and forget about. If your financial situation changes and your living expenses increase, consider restarting automatic transfers until the fund is sufficient for your lifestyle. And, if you are able, save a little bit more upfront to account for increases in cost of living. Do The Best You CanIt all comes back to your personal situation, says Emily Stanley, a finance expert a t Business.org. If you can only save a small amount to start, do what you can. If you have significant debt to pay down, its OK to set aside a $1,000 cushion in your emergency fund and then focus on your other priorities, she adds.