How To Find The Perfect New Candidate

In the middle of an American economic crisis, one industry seems to be booming: the collection industry! That’s right, according to the most current research more than fifty five percent of the participating collection companies are planning to add to the amount of staff that they already employ this fiscal year.

Any manager going through the hiring process is aware of the time and aggravation that comes with finding the right fit for the job, especially a job like a debt collector where attention to detail and motivation are a necessity. In the collections industry, it is crucial that you hire the correct person. A collection agent who is too laid back is not going to collect; one who is too high strung might end up getting your agency sued. Hiring the wrong candidate not only leads to an unhappy new hire with the capacity to harm the credibility of the hiring manager and even the company, but it also chews up management time that it takes to train. Time and money that could have been put into training the right hire in the first place.

So how should a hiring manager go about conducting interviews to find the best fit? Interviewing styles will vary from business to business. Generally, a number of interviews will involve asking about a candidate’s job history. But if a candidate has an idea of what you are looking for, and they are good at selling you their experience, you may wind up hiring the person who is not best suited for the specific job you have in mind. Thus, the most crucial idea that any potential employer should keep in mind during an interview is to get the candidate to be extremely specific. Studies have shown that it is more effective to go over less material very thoroughly than to have a general sense of everywhere that the candidate has been. It is important not to simply accept their first answer as complete- probe for more details.

As far as hiring prospective debt collectors goes, behavioral questions have been proven to be useful. These are based on the idea that past actions might predict behavior in the future. When it is key that you need to be able to reasonably predict how a new hire will respond to any type of stimulus on the job because the credibility of your company is at stake, questions such as “give me an example of,” or “what are your best and worst personality traits” can be helpful. Ask the candidate how they generally handle stress. We all know they are going to be dealing with it after all.

Finally, look for new hires who feel passion about the things that they do. Try to look under the surface to determine if there is an authentic depth underneath what the candidate is claiming. Try asking about hobbies, life goals, etc. It may be unorthodox, but looking beyond qualifications can help you get a hold of some of the details that will give you an idea of how a candidate will approach a job and what their work habits are like.

Mallory Megan works for Rapid Recovery Solution and writes articles on medical collection agencies

Debt Collection Agency Gets Healthy

A debt collection agency founded in California started a scheme to motivate and educate employees to live healthier lifestyles in early January. There are twenty eight employees at the agency; more than half are currently participating in the implementation.

Everyone that is participating in the program have made a goal to lose ten percent of their total body weight by the end of June. Every Monday morning weigh-ins are scheduled and employees have an opportunity to win two cash prizes for losing five percent of their body weight by the end of March, and then another five percent by the end of June.

The Agency’s executive said that he had been thinking about the initiative for quite some time. He declares it perfect for the stereotypical office setting that is fraught with unhealthy eating, and employees taking breaks to get fast food. He made note of the fact that attempting to make employees lose weight was more cost efficient than actually getting health insurance for his workers.

In an attempt to get employees to live healthier, the agency hosts sporadic lunches and “education track meetings” once a week. The meetings are crafted to help workers target and plan for their weight loss goal. So far the program has been successful. The collection company has collectively lost 72 pounds to date. That’s the size of a small child.

The program strives to produce a better all around worker. It logically follows that a less stressed worker will be more efficient and motivated. While a really relaxed debt collector may not seem like they would be the most efficient worker, it all seems like an OK idea. As the government tries to sort out the health care system, perhaps it is time that more companies like this take this route. If employees cannot get health insurance, health initiatives and goals at work could be the next best solution.

Mallory McGuinness works for a debt collection company. Also she writes articles on business, finance, the credit industry and collection agencies.

More than 200 Scranton taxpayers might have received a letter from a collection company they didn’t deserve. The notices are for unpaid garbage fees that may have actually been paid. According to officials, the garbage bill itself for 2009 could be to blame for more than 200 collection notices sent to city taxpayers in error last week.

They believe the issue might be the way the bills were folded into the envelopes. The bill comes along with a perforated line above a bar code that identifies the customer, but because a crease made by the folding of the envelope, a second line under the bar code was formed, causing people to pull the bill off without the bar code.

Bills without a bar code would cause a bank not to register the payment. The mailing house that Scranton hired to stuff the envelopes was blamed. If the bill was mailed to the bank, it would be the pay stub in their payment that goes directly into a lock box. Then the stubs are scanned and the bar code is read. After that the bank sends the town a list of those who had come through based on the bar code readings.

Representatives from the debt collections agency who sent out the letters say that they are taking every dispute from people who might have already paid extremely seriously. Company protocol allows consumers to dispute a notice within 30 days of receiving a collections letter. In addition, representatives said that no bill will be collected while they are still sorting out the issue.

The company look into each claim from people who said they had paid the bill and received the notice. Those that they think have paid will be absolved from their debt and will no longer get collections notices and will not be pursued by the collection company.

Mallory McGuinness works for a collections agency that works with a debt collection lawyer. She also composes articles on business and finance, the credit industry and collections agencies.