Competency based interview questions are based on the firm’s proven success traits or competencies. They are questions designed to uncover what a person has done in the past to better predict how they will behave in the future. For example, a firm that values teamwork may ask for specific examples of when a candidate has worked in a team setting, the role he or she played on the team, and the ultimate result. Note that competency based questions are not hypotheticals. Interviewers use the same exact questions for every candidate, as well as a uniform scorecard which replaces the subjective hiring process. Finally, the panelists work together to give the candidate an overall score. Candidates identified through this process are more likely to succeed with the firm.