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NERA Economic Consulting Interview
Questions

31 Questions and Answers by
Rachelle is a job search expert, career coach, and headhunter
who helps everyone from students to fortune executives find success in their career.

Question 1 of 31

What are your salary expectations?

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NERA Economic Consulting Interview Questions

  1. 1.

    What are your salary expectations?

      The best way to discuss your salary expectations is to use your current earnings as an example. Be open, and honest. Transparency is the best choice when salary based questions arise.

      Rachelle's Answer #1

      "Currently, I earn a base salary of $45,000 per year plus a potential 20% annual bonus. Last year my earnings were $52,000, and I would like to stay in the same range or slightly higher."

      Rachelle's Answer #2

      "I am currently making $100,000 per year with two bonus opportunities. I am looking for compensation that is aligned with the role and provides an opportunity for growth."

  2. 2.

    When a problem arises, what is your first reaction?

      The interviewer wants to know if your reactions to problems reflect maturity and professionalism. How you react will significantly determine how you fit with the team at NERA Economic Consulting, Inc..

      Perhaps your computer crashes, and you realize you may have just lost all of your hard work. Or maybe you are limited on time and have a deadline rapidly approaching. Demonstrate to the interviewer that you take a very methodical approach to problem-solving, rather than reacting in an impulsive way when a problem occurs.

      Rachelle's Answer #1

      "When a major problem arises, my first instinct is to take a step back and absorb what just happened. I then go into "

      Rachelle's Answer #2

      "I have taught myself to become much calmer with my first reactions when problems arise. Now, I will step back and review my options for solving the problem rather than allow myself to become frustrated."

  3. 3.

    At NERA Economic Consulting we value continued education and training. Tell me about your education.

      The interviewer wants to know how your education has prepared you for this job. A few highlights you can focus on are some of the relevant topics you learned about while attending your courses. How will they help you in this new role? What were some of the most exciting things you learned?

      Some ideas for you:

      - If you have experience working on group projects, share how you improved your listening and communication skills when working on a challenging project.

      - If you learned a new type of software or how to work a kind of equipment you will need to know in this new job, talk about what you know and how you will apply this new knowledge.

      While attending post-secondary studies, you likely learned some core skills that would be transferable to any position. Think about what you learned in your highest levels of education and how that knowledge applies (or will apply) to your work. Some of these skills could include:

      - Time Management
      - Creative Thinking
      - Proposal Writing
      - Public Speaking
      - Presentation Building
      - Independent Learning
      - Academic Research
      - Self-Motivation

      Rachelle's Answer #1

      "I am a big believer in post-secondary education. It adds a lot of value to those newer to the workplace. My post-secondary education was in Communication and Journalism. The courses in this program helped me to develop stronger business relationships through professional correspondence. I also learned persuasive writing skills which have proven to be incredibly helpful when working on client proposals, and in negotiations."

      Rachelle's Answer #2

      "I have a B.A. in English and Spanish. I graduated with a 4.0 from ABC College, and I also worked full time while going to school, so I not only learned in my courses but also learned a lot of time management skills and how I work best under some degree of pressure. Academically, I refined my writing skills as well as gave a keynote presentation to several hundred attendees, thereby working on my public speaking and presentation skills."

  4. 4.

    Sometimes the services and packages offered at NERA Economic Consulting can be confusing to new clients. How do you explain complicated concepts to those who may not understand?

      The interviewer wants to know that you are capable of explaining complex ideas without being condescending to your co-workers or talking over their heads. Give the interviewer an example of how you break down information to make it more easily digestible for the average person.

      Think of a presentation about a complex topic, as a proposal to solve a challenging problem. The solution may seem obvious to you, but everyone else in the room is scratching their heads trying to figure out what you're talking about. When you can define key terms and phrases to make them more relevant to your audience, you have skill! Not everyone can do this.

      Prepare an example that demonstrates your communication skills and your ability to convey complex information in easy to understand terms.

      Rachelle's Answer #1

      "I find that when there is a complicated concept to teach, visual aids are always the way to go. Did you know that 65% of people are visual learners and that presentations with visual components are 43% more persuasive? I took a course on creating effective info-graphics and will often implement those in my presentations."

      Rachelle's Answer #2

      "I use the K.I.S.S method...Keep it simple, silly! If you cannot explain it simply, you do not understand it well enough. I recently rolled out a complex compensation plan with many anomalies. I took the approach to share a broad overview and provide detail for reference. I often try to make analogies or share complex information in the form of a story."

  5. 5.

    We value accountability at NERA Economic Consulting. If a customer sent a formal complaint about an interaction with you, how would you handle it?

      Assure the interviewer that you are a person of integrity who will take responsibility for any shortcomings in the workplace. Briefly explain to the interviewer that you will handle NERA Economic Consulting, Inc. customers with great care.

      Rachelle's Answer #1

      "I understand that NERA Economic Consulting, Inc. has put a lot of work into building these long-term client relationships. If one of your clients complained about my communication with them, I would take full responsibility for my actions and issue an apology. I would also be open to feedback to avoid future incidences. Rest assured, in my 15 years of employment, I have not had any clients complain to my employer about my work ethic or delivery of service."

      Rachelle's Answer #2

      "Constructive feedback is difficult to swallow at times, but it's helpful for me to remember that everyone receives constructive feedback from time to time. I will always do what is required of me to renew a client relationship."

  6. 6.

    Due to the nature of NERA Economic Consulting business and services we may ask that you complete a full background check. Are you willing to comply?

      Many companies will ask for a background check before employing you. This due diligence could include a criminal record check, a credit check, a drivers' abstract, and education verification. The request will vary from company to company so you should always be prepared to comply with all requests. If there is a mark on your record, this is the best time to disclose that information.

      If you have a clean record: "I can fully understand why NERA Economic Consulting, Inc. would need to conduct background checks on all potential employees. I have a squeaky clean record and am happy to comply with any of your requests."

      Rachelle's Answer #1

      "I can fully understand why NERA Economic Consulting, Inc. would need to conduct background checks on all potential employees. I have a squeaky clean record and am happy to comply with any of your requests."

      Rachelle's Answer #2

      "If you have a mark on your record: "I can fully understand why NERA Economic Consulting, Inc. would need to conduct background checks on all potential employees. I did have a charge against me approximately six years ago for a DUI. I have gained my drivers' license back since then, but I thought I should disclose that to you ahead of time."

  7. 7.

    When have you contributed to an effort to obtain a corporate goal?

      Engaged employees are always the most productive. Assure the interviewer that you are capable of being an involved team member by assisting, in some way, to the end goal of the corporation.

      Rachelle's Answer #1

      "My most recent employer had an extreme interest in giving back to the community. So much so that we, as a group, logged our volunteer hours and it was treated as another KPI. We would review our community contributions on a quarterly basis. Our goal was always to hit a minimum 500 volunteer hours per quarter which meant that everyone would volunteer one day per month. It was a great initiative and one that I happily participated in."

      Rachelle's Answer #2

      "Everyday! The corporate goal is always my primary driver, in my current position. To be successful in my position I need to always be in tune with what my employer is trying to achieve, and be an active participant."

  8. 8.

    We have a wide range of services at NERA Economic Consulting. Have you ever used any of our services?

      The interviewer wants to know that you are well aware of the services offered at NERA Economic Consulting, Inc.. Have you used them previously? Discuss with the interviewer any exposure you have had to the company. Keep your response positive and lighthearted.

      Rachelle's Answer #1

      "I have not personally used your commercial services; however, I have friends who have used NERA Economic Consulting, Inc. for their business needs and their reviews were always positive!"

      Rachelle's Answer #2

      "I have been a customer of NERA Economic Consulting, Inc. before, yes! The services I used were A, B, and C. My experience here was very comfortable, and everyone was professional. This experience is one of the reasons why I applied for this role. I want to work for a company that has high standards, and I know first hand that you do!"

  9. 9.

    Customer service is our top priority at NERA Economic Consulting. What is your customer service philosophy?

      Because NERA Economic Consulting, Inc. puts so much effort into their customer service reputation, the interviewer needs to be confident that your customer service values align with theirs. Be sure to research the NERA Economic Consulting, Inc. website and take note of any keywords they use when it comes to their customers. Match your language with theirs.

      Rachelle's Answer #1

      "I noticed on your website that you put a lot of value into your customers by actively listening to their needs. You also survey them regularly while staying on top of industry trends so that you can provide them with innovative new services. To me, customer service goes beyond friendliness and efficiency. You need to understand your customer's business needs and have the ability to analyze their future needs so that you can respond appropriately to their business landscape changes."

      Rachelle's Answer #2

      "As overused as this phrase may be, 'Service with a smile' has always been my customer service philosophy. Very few people can resist a great smile and a friendly interaction! Friendliness warms customers up, makes them more inclined to work with you, and also diffuses a conflict quickly."

  10. 10.

    Tell me why you are the right fit for NERA Economic Consulting, and this position.

      A successful hire needs to feel like the right fit by both parties. Express to the interviewer that you think this position is a stable fit for your experience and your career goals.

      Rachelle's Answer #1

      "I feel that I am the right fit for this company because, from what you have described, my personality, skills, and drive are what you are looking for. The challenges that come with this position are all challenges that I welcome. I am confident that this is the right fit for both of us."

      Rachelle's Answer #2

      "I am great at what I do, motivated, and I am an avid lover of your product. This mix creates a great match, in my opinion! Happy employees are more productive and; trust me, I would be thrilled to work at NERA Economic Consulting, Inc.."

  11. 11.

    How do you determine priorities when you have multiple projects due?

      When you feel torn between multiple projects or tasks, how do you decide which one needs your attention the most? Assure the interviewer that you can be diligent when it comes to assessing your priorities.

      Rachelle's Answer #1

      "I will determine which project requires my attention by the number of hours we are behind and then the project size. I am comfortable delegating tasks when needed, but I am also aware that these times will require an additional commitment of hours from me. Never have I under delivered on a deadline."

      Rachelle's Answer #2

      "Assuming that the projects have different stakeholders, I interview each to determine the value of increased productivity, morale or revenue, decreased costs, and the overall impact."

  12. 12.

    If you had $50,000 to build your own business, what would you do?

      If money was no object, what kind of business would you start? The interviewer will be able to learn something new and unique about you through this question. Avoid answers that would include building a business that competes with the hiring company.

      Rachelle's Answer #1

      "If I had $50,000 to build my own business I would open up a community center in my neighborhood that offered inexpensive childcare, cooking classes, and other life skills programs. I am passionate about volunteering and see a strong need in those particular areas."

      Rachelle's Answer #2

      "I would choose to invest the $50,000 into an existing business in an industry that my spouse has an interest in. I love what I do for a career, but she has always wanted to be an entrepreneur."

  13. 13.

    NERA Economic Consulting values philanthropy and community giving. How do you choose to give back to others?

      The interviewer would like to know that you are socially responsible and a team player - even outside of the workplace. Your answer can be as simple as babysitting your grand-kids every Sunday, to a standing-volunteer gig, to charitable contributions.

      Rachelle's Answer #1

      "I work a lot but, when I do have free time, I spend that with my grand-kids. It helps to give my son a bit of a break as he is a full-time single dad. In addition to this, I volunteer at the local drop-in center every Christmas to help feed the homeless. Giving back is very important to me."

      Rachelle's Answer #2

      "Volunteering and charitable acts are important to me. I spend time volunteering at the local drop-in center every Sunday."

  14. 14.

    How did you maintain a good relationship with your most recent boss?

      The interviewer wants to know that you are capable of maintaining a harmonious relationship with those who are considered your leaders.

      If your relationship with your boss wasn't fantastic, what efforts did you take to make it better? Here are some suggestions:

      - Try to understand what your boss values the most
      - Keep your cool, even when you want to lose it
      - Anticipate their needs and stay one step ahead
      - Take leadership opportunities to show your worth
      - Adapt to their preferences

      Some basic ground rules for a stable working relationship with your boss are open communication, proactive listening, and not taking things personally. Discuss the ways that you cultivated a healthy relationship with your boss.

      Rachelle's Answer #1

      "My current boss is a very particular individual. Over the years I have taken the time to understand her preferences, her stress triggers, and what she enjoys seeing in my work. I find that if I stay one step ahead and maintain a positive attitude, we can work productively together."

      Rachelle's Answer #2

      "I value having a strong working relationship with my boss. I want to learn what they do and take on as much work to help our team as possible. I scheduled regular update meetings with my boss and went the extra mile wherever I could."

  15. 15.

    Considering your background is in an industry different from ours, what skills and characteristics do you have that qualify you for this position in this industry?

      There are many ways that you can be a fit for a position, even though you do not come with direct industry experience. Think about the variety of skills that you have and how those can benefit another employer, despite the industry. These are your transferable skills, and they can include sales abilities, customer service experience, and software capabilities.

      Rachelle's Answer #1

      "Although my background is not in your precise industry, I have worked with many clients who have been in your industry. I bring excellent transferable skills that qualify me for this position. These skills include my advanced abilities in Excel, my outstanding cold-calling abilities as well as my proven background in team leadership."

      Rachelle's Answer #2

      "I bring many transferable skills to this position and industry. My talents and skills revolve around helping people and making companies profitable. Customer service, problem-solving, and data analysis can cross any industry, and I am a pro at all three."

  16. 16.

    At NERA Economic Consulting we provide services to a wide range of businesses. Which industry or business type do you have the most experience with?

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  17. 17.

    Many of the management and higher level roles with NERA Economic Consulting require a Degree in Business or similar. Please walk me through your post-secondary education.

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  18. 18.

    At NERA Economic Consulting we seek to hire those who think outside the box. When was the last time you made a suggestion for workplace improvement? What was the outcome?

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  19. 19.

    At NERA Economic Consulting we have many local competitors. In your opinion, what makes us stand out from the crowd?

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  20. 20.

    At NERA Economic Consulting, our primary work is to cater to other businesses. What do you foresee as the biggest challenge working in the commercial services industry?

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  21. 21.

    Do you fully understand what we do at NERA Economic Consulting?

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  22. 22.

    We value diversity at NERA Economic Consulting. When have you worked amongst a diverse group of people?

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  23. 23.

    At NERA Economic Consulting, we look to hire those who will be a long term fit. Where do you see yourself 5 years from now?

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  24. 24.

    Rate your communication skills from 1-10 with proper examples backing your given rating.

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  25. 25.

    Looking at your resume, it seems there are certain skills necessary for this position that do not stand out. How do you think you will be able to compensate for these missing skills?

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  26. 26.

    Outside of work, what type of creative activities do you like to pursue?

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  27. 27.

    Tell me about a time when you used good judgement and logic to solve a problem.

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  28. 28.

    What kind of people do you enjoy working with?

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  29. 29.

    Tell me about a time when you took charge of a meeting. Was the outcome a positive one?

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  30. 30.

    As a manager, who has been your greatest influence? A person that has defined what type of leader you wish to be.

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  31. 31.

    Strong time management is important at NERA Economic Consulting. How do you manage your time, even on the busiest days?

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