Socioeconomic labor study - Emptor

If you’re looking for the best way to get to know your candidates and make an informed decision about who to hire, the labor socioeconomic study is the tool you need. This research process will allow your company to learn about the social, economic, family, and academic environment of an applicant who wants to fill a vacancy in your company. Do you want to know more? Keep reading this article.

The labor socioeconomic study is a tool that allows you to learn about the social, economic, and work context of a candidate. This is important because it helps you make an informed decision about who to hire. By conducting this type of research, your company can obtain valuable information that can be used to assess whether the candidate is the right person for the job.

There are many ways you can obtain this information, but the best way is through the socioeconomic study.

What is a labor socioeconomic study?

It is a research process that is carried out to obtain information about a person’s social, economic, family, academic, and work environment. This type of study is very useful for companies, as it allows them to better understand their candidates and make an informed decision about who to hire.

The labor socioeconomic study is one of the most outstanding personnel recruitment tools that has not yet been replaced by technological advances. This has a lot to do with all the benefits that still report using this type of studies as a recruitment tool.

In 2022, the common language between the talent acquisition or human resources department has been recruitment 3.0, big data for recruitment, artificial intelligence for recruitment, etc. However, all these strategies still do not replace some evaluations that are made through the labor socioeconomic study, which can only be obtained in a traditional face-to-face visit.

An experienced recruiter obtains valuable data and extremely valuable information with the entire context of the home visit that are often omitted during a video call, such as informal aspects that arise at the moment.

How is a labor socioeconomic study conducted?

There are many ways in which a socioeconomic study can be carried out. The most common way is through interviews, surveys, and document analysis:

• Interviews: Conducted with candidates, their family members, friends, neighbors, and former employers.
• Surveys: Can be used to obtain information from a large number of people.
• Documents: The documents analyzed are usually certificates, academic and professional records, work histories, and others.

What types of socioeconomic studies exist?

There are two main types of socioeconomic studies:

1. Social study: Conducted to obtain information about a person’s social environment, and includes interviews and surveys.

2. Economic study: Conducted to obtain information about a person’s economic environment, and includes document and certificate analysis, identity validation, document validation, and research in some cases in the credit bureau.

What is the difference between a socioeconomic study and a labor study?

A socioeconomic study is a research process that is carried out to obtain information about a person’s social, economic, family, academic, and work environment. On the other hand, a labor study is carried out to obtain information about a person’s work history, references from previous employers, experience references, personal projects, and even professional social networks like LinkedIn, to analyze their network of contacts and validate their area of expertise.

The socioeconomic study is a very useful tool that allows you to better understand your candidates and make an informed decision about who to hire. Although the study of the candidate’s work history is important, we should not neglect the rest. It is also necessary to take into account their lifestyle, as this can give us an idea of their personal and economic stability.

In summary, evaluating all the candidate’s background will help us make the best possible decision for the job in question. We should not neglect any aspect, as this could have negative consequences in the future. Taking the necessary time to evaluate a candidate can prevent future problems, so it is always worth doing it well.

Evaluating a candidate goes beyond just looking at their resume: it is also important to investigate their social and economic background. It can be easy to focus only on a candidate’s work history, but their personal life can provide the same amount of information. If they have a chaotic lifestyle or are going through a difficult time, they may not be the best option.

Summary of Candidate Evaluation

• Comprehensive attention: Taking the time to evaluate all aspects of a candidate will help you make the best decision for the job in question. Do not neglect any part of the process; doing so could have an impact later on.
• In-depth research: Thoroughly researching candidates is always worth it.
• Factors to consider: By taking into account a range of different factors (work history, social background, economic conditions, lifestyle, personal and economic stability), you can get a complete picture of a candidate and whether they are suitable or not for a particular job.

The Labor Socioeconomic Study is the Penultimate Filter Before Hiring

It is commonly highlighted as one of the last stages of the recruitment process:

1. The profile is obtained.
2. The candidate is contacted.
3. Psychometric tests.
4. Health exams.

In the in-person interview process, recruiters emphasize the candidate’s work history, lifestyle, personal and economic stability to fully validate the information.

What Aspects Should the Complete Socioeconomic Study Cover?

One of the main intentions of the study is to avoid the risk of hiring a conflictive person or someone with false records who enters the company and represents an investment in time, money and effort that will ultimately have a negative impact.

Talent attraction experts know that an employee who resigns in less than a year from their job represents a loss of resources for the company.

The following elements are evaluated in detail:

• Validation and truthfulness of documentation: It is important to know in detail the hard skills, accreditations, certifications and experience required for a position.
• Economic situation: People with economic dependents tend to show better performance and job stability, changing companies less frequently and showing greater commitment.
• Geographic area: Consider the relative distance to work and travel times.
• Special needs: In a less formal environment in their home, candidates are more open about their habits, health, stress management and conflict management.

In addition to the labor socioeconomic study, identity validation is necessary.

Emptor is the strategic ally that streamlines your hiring and identity validation processes. With an intuitive dashboard, we help you conduct automated research that will save your company time and money.