Interview early to get that job
A new study says reviewers tend to give applicants higher scores at the start of the day.
A new study is acknowledging what a lot of job-hunters have long suspected: The early bird does indeed catch the worm when it comes to job interviews. And your cause isn’t helped, either, if your interviewer sees other strong candidates that same day.
Researchers from the Wharton School of the University of Pennsylvania and the Harvard Business School decided to go a step further with the so-called "gambler’s fallacy" -- the idea that a run of luck can only last so long -- and expand it to admissions interviews.
They analyzed a decade of data from more than 9,000 MBA interviews. And they found those interviewers eventually had a hard time seeing the forest for the trees when it came to applicants, becoming stuck in a concept called "narrow bracketing."
"Much like gamblers bet on red after the wheel stops at black four times in a row, an interviewer bets on 'bad' after she interviews four 'goods' in a row,” said a press statement from the Association for Psychological Science, which published the researchers' findings. "The difference in this case is that the interviewer controls the wheel."
Interviews done earlier in the day, according to the study, had a negative impact on the interviews that followed. In other words, if the interviewer had already given high marks to earlier interviewees, the following scores were likely to be lower.
And this trend held true even when a variety of applicant and interview scenarios were taken into account.
"People are averse to judging too many applicants high or low on a single day, which creates a bias against people who happen to show up on days with especially strong applicants," said the researchers.
And this phenomenon, they note, was twice as strong "when a rating followed a set of identical scores (e.g., 4, 4, 4), compared to a set of varied scores (e.g., 4, 3, 5) with the same average.”
The researchers say their findings are relevant to more than just job interviews, and can apply to many other situations where human judgment comes into play.
"So, if you want to get that job, or that loan, or make it onto that reality show,” the Association for Psychological Science concludes, “you might want to make sure the strongest contenders stay home that day.”
More on moneyNOW
I began to smell the carcass of our local K Mart years ago. Two registers open, 8 or ten people in each line. No one around to help and if you did find someone they gave you the evil eye, daring you to ask them a question. I kept giving them a chance, thinking things would get better, boy was I wrong!
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
[BRIEFING.COM] The stock market finished the Wednesday session on a modestly lower note, but it is worth mentioning today's retreat took place after six consecutive gains. The Dow Jones Industrial Average (-0.1%) and S&P 500 (-0.2%) settled not far below their flat lines, while the Nasdaq Composite (-0.8%) lagged throughout the session.
Equity indices started the day in the red, with the Nasdaq showing early weakness as large cap tech names and biotechnology weighed. The technology ... More
More Market News
Stocks are facing some serious resistance as the bears tear into the market's respite.
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'