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How to Hire the Right Candidate for your Business?

Different businesses require different hiring techniques for their business. Here we are sharing some industries with you along with their hiring processes.

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Hire the Best Recruits

Hiring is an easy task! No, don’t grind your teeth. The first statement only represents the general perception, not reality. Only the wearer knows where the shoe pinches. You have been pinched if you are a recruiting professional or have somehow experienced the bumpy ride. Studies suggest that the average cost per hire roughly revolves around $4000 for a company having more or less 500 employees. The fact is good enough to realize the seriousness and the importance of hiring. Hence, the cost of an error is too high, and the margin to mistake too low.

The reason why many people fail is applying the same methodology of hiring in every business model. No two industries work in the same style, so why follow the same process in Recruitment? Different businesses require different techniques to find the perfect fit for their business. Below, we’re going to share some industries with you along with their hiring processes.

Finance Industry

Finance is an evergreen field. As your business grows, you always tend to require financial expertise for financial management. Trusting a wrong fit and handling him/her, the charge can cost you millions. Therefore, you have to be super conscious in the hunt. The cherry on top, the ever-disrupting tech revolution in the Industry, intensifies the challenge as you need to hire tech-savvy people with a strong grip on basic things and unwavering enthusiasm to contribute to the journey towards growth. To summarize, here are a few takeaways for you;

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  • Look for the skills before anything else
  • Find the eagerness to adapt to the Tech Disruption
  • See if the personality is trustworthy
  • Confirm the compatible values 

Life Sciences Industry

The challenge is getting tougher here. The exciting factor is that not many people are aware of the Industry and its whereabouts. Well, to name a few, biotechnology, pharmaceuticals, nutraceuticals, life systems tech, biomedical tech, and many fall under the broad umbrella. Complication level is a bit too higher if you see, so to start with, the analytical role of the one going through the resumes is very significant. Furthermore, the Interviewer also needs to have some behavioral psychology skills to confirm whether the candidate matches the skillset. Life Sciences Consulting experts need to keep the following steps in mind to ace the Recruitment;

  • The Interviewer should have a good knowhow of Behavioral Psychology
  • Match of the Skillset is a must
  • Academic Qualification has to be in the pre-requisites
  • A Winning mindset is a requirement

Marketing Industry

Imagine the smartness needed to hire a professional to ace in the world of Marketing, when Recruitment itself needs to be perfectly marketed to magnify competing applications. Yes, you read it right, companies these days are re-evaluating and improving their marketing strategies for Recruitment. Anyhow, if you want to pick the right person correctly, we recommend creativity to be tested before anything else. Once you understand your requirements, then you can start questioning current trends in Marketing and Advertising. Moreover, scenario-based questions would be a good tool to confirm if the person has the smartness to execute bookish concepts in the real world. Below is a brief list of the actionable requirements;

  • Creativity can’t be compromised
  • Arrange situation-based questions to recognize the marketing mind
  • Inquire for the in-fashion marketing trends to verify the Interest
  • Sympathy and empathy for customers are a big plus

IT Industry

Credit for the Tech Revolution happening these days certainly goes to the IT Industry. The growth brings with it the requirement to hire more and more people. The new joining has to smartly and adequately work with fast pacing performance of the Industry. Thus, dedication, a hardworking spirit, innovativeness, and the openness to working out of comfort are significant values to be found before finalizing the candidate. In addition, experience also matters if you want a person for tougher functions and responsibilities. Biotech, nanotech, and other tech fields also require people with a decent knowledge of Life Sciences Consulting. Let’s shed light on the critical points to value;

  • Prefer the aggressive hunger to ace technological revolution
  • Prior knowledge and experience of the field to be prioritized
  • Technical, logical and rational mindset always wins in the Industry
  • You can compromise hardworking for smart working

If you’re an HR professional, you have added another certificate in your belt for your Talent and Acquisition Career ahead of you by reading this blog post. If not, you now realize the struggle the recruiting task asks for. 

Manvendra Chaudhary, with over 5 years of professional experience as CEO of Unique News and Megalent Marketing, shares insights on life, business, and health for your success.

Net Worth

Stephen M. Ross Net Worth 2024: How Much is the Chairperson of The Related Companies Worth?

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Stephen M. Ross Net Worth 2024: How Much is the Chairperson of The Related Companies Worth?

Who is Stephen M. Ross?

Stephen M. Ross, the Chairperson of The Related Companies, is a distinguished figure in the real estate sector, renowned for his significant contributions and profound impact. Born on May 10th, 1940, in Detroit, Michigan, Ross embarked on his journey into real estate at a young age, demonstrating remarkable diligence and entrepreneurial spirit. Despite initially pursuing a career as a tax attorney, Ross soon discovered his genuine passion for real estate investment, laying the foundation for his illustrious career.

Stephen M. Ross Career

Ross’s career trajectory is marked by pioneering ventures and transformative projects. In 1972, he founded The Related Companies, which initially focused on subsidized low and moderate-income apartments. Over the years, Ross transitioned to higher-profile projects, including the iconic Hudson Yards development, valued at over $7 billion. His visionary approach and strategic partnerships have cemented his reputation as a prominent figure within the real estate industry.

Stephen M. Ross Net Worth

As of 2024, according to Celebrity Net Worth, Stephen M. Ross’s net worth stands at an impressive $10 billion, solidifying his status as one of the wealthiest individuals globally. Ross’s wealth accumulation is attributed to his unparalleled success as a real estate mogul, with an estimated annual income of nearly $700 million derived from royalties on his diverse property holdings. His continued involvement in the real estate sector, with ongoing projects in New Jersey and Florida, further contributes to his substantial net worth.

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Stephen M. Ross Age

Currently, Stephen M. Ross is 83 years old, born on May 10th, 1940. Despite his age, Ross remains actively engaged in his professional pursuits, demonstrating resilience and dedication to his craft.

Stephen M. Ross Family: Wife and Children

Ross’s personal life is characterized by familial bonds and enduring relationships. He is happily married to Kara Ross and is the proud father of four children. Ross’s commitment to family values underscores his holistic approach to life and business.

Stephen M. Ross Height and Weight

Physically, Stephen M. Ross stands at a height of 6 feet 2 inches (1.88m) and maintains a healthy body weight of around 72 kg. Despite his busy schedule, Ross prioritizes his health and well-being, engaging in activities such as volleyball and tennis.

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Net Worth

Mike Markkula Net Worth 2024: How Much is the Former CEO of Apple Worth?

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Mike Markkula Net Worth 2024: How Much is the Former CEO of Apple Worth?

Who is Mike Markkula?

Mike Markkula, born Armas Clifford “Mike” Markkula Jr. on February 11, 1942, in Los Angeles, California, is an American entrepreneur renowned for his pivotal role in the early days of Apple Inc. After graduating from the University of Southern California with degrees in electrical engineering, Markkula amassed considerable wealth through stock options while working at Fairchild Semiconductor and Intel.

Mike Markkula Career

Markkula’s career trajectory took a significant turn in 1977 when he was introduced to Steve Jobs by Venture Capitalist Don Valentine. Recognizing the immense potential of the Apple II computer, Markkula became the company’s first major angel investor, providing $250,000 in funding. He subsequently served as Apple’s CEO from 1981 to 1983, overseeing critical phases in the company’s growth and development.

Mike Markkula’s Net Worth

As of 2024, according to Celebrity Net Worth, Mike Markkula boasts an estimated net worth of $1.2 billion. His wealth stems from astute investments, particularly in Apple Inc., where he played a foundational role as an early investor and executive.

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Mike Markkula Age

Born on February 11, 1942, Mike Markkula is currently [age] years old.

Mike Markkula Family: Wife and Children

Markkula is married to Linda, and together they have made significant real estate investments, including properties in Carmel Valley, Woodside, and Hawaii. They have engaged in philanthropy, with notable donations to Santa Clara University’s Markkula Center for Applied Ethics.

Mike Markkula Height and Weight

Unfortunately, information regarding Mike Markkula’s height and weight is not readily available.

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Sundar Pichai Net Worth 2024: How Much is the CEO of Google Worth?

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Sundar Pichai Net Worth 2024: How Much is the CEO of Google Worth?

Who is Sundar Pichai?

Sundar Pichai, born on June 10, 1972, in Madurai, India, is a prominent figure in the tech industry, renowned as the CEO of Alphabet Inc. and its subsidiary Google LLC. With an educational background in materials science and engineering, Sundar’s journey from humble beginnings in Chennai to the helm of one of the world’s leading multinational companies is an inspiration to many.

Sundar Pichai Career

Sundar’s career trajectory is marked by notable achievements and leadership roles. Beginning as a materials engineer, he gained experience in product management at Applied Materials and management consulting at McKinsey & Company. In 2004, Sundar joined Google, where his strategic insights and innovative contributions led to significant advancements, including the development of Google Chrome, Android, and Google Drive. His ascent within the company culminated in his appointment as CEO in 2015, overseeing Google’s transition into Alphabet Inc.

Sundar Pichai’s Net Worth

As of 2024, Sundar Pichai’s net worth is estimated to exceed $1.66 Billion, primarily attributed to his role as CEO of Alphabet Inc. and his ownership of approximately 520,668 shares of Alphabet Inc. stock. His remarkable leadership and strategic vision have propelled Google’s growth and innovation, contributing to his substantial financial success.

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Sundar Pichai Age

As of 2023, Sundar Pichai is 50 years old, having been born on June 10, 1972.

Sundar Pichai Family: Wife and Children

Sundar Pichai is married to Anjali Pichai, whom he met during his college years at the Indian Institute of Technology (IIT), Kharagpur. They share a deep bond, enduring a period of long distance before marrying and relocating to the United States. Together, they have two children, Kavya and Kiran, and prioritize maintaining a balanced family life despite Sundar’s demanding career.

Sundar Pichai Height and Weight

Sundar Pichai stands at a height of 5 feet 8 inches and weighs approximately 68 kilograms.

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