Researching a company is a pretty simple task, and it doesn\u2019t mean you have to come up with a 120-page presentation that would make KPMG proud.<\/p>\n\n\n\n
All it means is that you look up the company, find the key names of the people you may be interacting with, identify the company\u2019s mission statement, short-term and long-term goals, and have a firm understanding of your prospective job position\u2019s responsibilities. <\/p>\n\n\n\n
And, there are easy ways to do it.<\/p>\n\n\n\n
From looking up the job responsibilities on Goodwall Opportunities to searching for the right people to address on LinkedIn to reading relevant pages on the company\u2019s website, all it takes is some basic diligence and minimal effort to knock out this important employment process step.<\/p>\n\n\n\n
But, why research a company at all? Can\u2019t you just wing it? Won\u2019t this take a lot of time?<\/p>\n\n\n\n
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\n\n\n\nHere\u2019s why you should research a company before, during, and after applying for a job:<\/strong><\/p>\n\n\n\n
Researching the Company Helps You Before Applying to a Job<\/h2>\n\n\n\n
1. You\u2019ll Know if the Pay Meets Your Expectations<\/h3>\n\n\n\n
I\u2019ll start with what seems like one of the more obvious points, but it can be more complicated than how it appears at first glance.<\/p>\n\n\n\n
For your payment package, you might just be looking at the yearly amount and seeing it as adequate. But, if you are fresh out of college and this is one of your first jobs<\/a>, it\u2019s important to get the full picture before you sign that contract.<\/p>\n\n\n\n
Is the salary they offer before or after they take taxes out (gross or net)? Does the payment package come with benefits, such as premium health insurance coverage<\/a>, paid vacation days (and how many?), and 401(k)-matching? Are there perks like free snacks and coffee, gym memberships, or public transportation costs covered? These things all add up, so it\u2019s best to understand the full value of a company\u2019s pay package before you accept or decline an offer!<\/p>\n\n\n\n
Related Read<\/strong>: How to Use Goodwall\u2019s Web Profile to Land a Job or Internship Opportunity<\/a><\/p>\n\n\n\n
2. It Helps You Understand if the Job & Company Are Right for You<\/h3>\n\n\n\n
The pay you can work on, to an extent, through salary negotiations. However, what you can\u2019t really change is the job you\u2019ll be tasked with doing and the company culture.<\/p>\n\n\n\n
Say you want to be a digital marketer. As you know, the tasks from company to company for a digital marketing position will vary, sometimes greatly. While you may plan large-scale, international advertising campaigns as a digital marketer at Company A, the same job title could see you writing landing page copy and handling social media at Company B. Researching the company and the job fully will help you understand what you\u2019re getting yourself into.<\/p>\n\n\n\n
Same goes for the company. You may have found a dream job with excellent pay, perks, and benefits<\/a>, but is it a company you can get behind? Do they have ethical backbone? If you\u2019re against animal cruelty, for example, you don\u2019t want to find out after you sign up that they perform product testing on rabbits. Likewise, if you\u2019re environmentally conscious, you might think twice if you learn the company you\u2019re thinking of is a major polluter. <\/p>\n\n\n\n
Related Read<\/strong>: 10+ Job Search Tips & Tricks to Up Your Chances of Landing an Interview<\/a><\/p>\n\n\n\n
Understanding the Company Lets You Apply Successfully<\/h2>\n\n\n\n
3. It Lets You Better Tailor Your Resume<\/h3>\n\n\n\n
One of the most important resume tips<\/a> to remember is to always tailor your resume. What this means is to write a resume specifically for this one job position and company, because no hiring manager appreciates a generic resume.<\/p>\n\n\n\n
Related Read<\/strong>: Internships 101: Everything You Should Know About Internship Programs<\/a><\/p>\n\n\n\n
4. It Allows You to Personalize Your Cover Letter<\/h3>\n\n\n\n
Researching a company before writing a cover letter is also one of our most important cover letter tips<\/a>, as well, for pretty much the same reasons. Your cover letter is made to make your case to the HR rep or hiring manager reviewing the dozens of applications they received, and you\u2019ll have a better idea of what to write about in your cover letter.<\/p>\n\n\n\n
Related Read<\/strong>: Top 17 Best Job Sites to Check Out if You\u2019re Looking for Employment<\/a><\/p>\n\n\n\n
5. It Locates the Right Person to Which to Send Your Email<\/h3>\n\n\n\n
Sending your resume and cover letter to hello@companyA.com<\/em> or contact@companyB.org<\/em> looks unprofessional, to say the very least. But, on top of that, it may not even make it to the right person.<\/p>\n\n\n\n
When you investigate the company, you\u2019ll easily find the name of the hiring manager or human resources supervisor so you can address the email directly to them. After all, first impressions are lasting impressions, and since this is the first time the company \u201cmeets\u201d you, make sure you don\u2019t turn them off from the very start!<\/p>\n\n\n\n
Related Read<\/strong>: Job vs Career: What is the Difference Between a Job and a Career?<\/a><\/p>\n\n\n\n
Company Research Gets You Successfully Through the Interview Process<\/h2>\n\n\n\n
6. It Better Prepares You for the Interview<\/h3>\n\n\n\n
Interviews can be quite scary, no matter how well and long you\u2019ve prepared for them. And those silences, even a three-second pause can seem to stretch for an eternity!<\/p>\n\n\n\n
You\u2019ll really impress your interviewer when you can quickly and without missing a beat answer their interview questions on how you can help them achieve their long-term goals and what you think about their current marketing efforts, company culture, and mission. If you hadn\u2019t researched the company beforehand, you\u2019ll lose their interest when they see you can\u2019t answer their questions and couldn\u2019t have been bothered to prepare!<\/p>\n\n\n\n
Related Read<\/strong>: What to Bring to an Interview? 10+ Things to Take for Your Big Meeting<\/a><\/p>\n\n\n\n
7. It\u2019ll Show Them You\u2019re Excited About Possibly Being Hired<\/h3>\n\n\n\n
Finally, researching the company shows them that you are enthusiastic at the prospect of being a future employee. They\u2019ll see the effort you\u2019ve put in to prepare for the interview by doing your homework, but they\u2019ll also get the sense that you really are genuinely interested in working for them and doing your best.<\/p>\n\n\n\n
All other things being equal, you\u2019ll have the job in the bag!<\/p>\n\n\n\n
Related Read<\/strong>: How to Prepare for an Interview: 10 Ways to Get Ready for Your Big Day<\/a><\/p>\n\n\n\n