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Find Invisible Jobs: Possible Ways to Tap the Hidden Job Market

by : anshuman
June 02, 2015 (12:05) comments
49

It often happens that the idea of job search sounds synonymous to making an online profile on a recruitment website and applying for various job opening available.

But, is securing a job that straight forward a process?

Obviously it’s not. With the hiring trends changing at a rapid pace, several new terminologies have cropped up in the employment sphere. One of them being- The hidden job market.

 

What does it mean?

  • The hidden job market is a term used to denote job openings that aren’t posted on the net or advertised. There are employers who choose to hire internally or through their professional network to avoid the rigorous process of open online applications. Some may also choose to take assistance from various recruiting firms, headhunters, referrals etc.
  • According to an article on a reputed website, 80% of all jobs in an organization never get advertised on the internet or any other platform. They are filled through inside contacts or word-of-mouth. Suzanne Toppy, editor at Peterson’s, which is publishing the ‘Hidden Job market’ guide every year since 1991 says, ‘ Most people just go to classified ads or job posting sites like Naukrigulf.com and think that’s the end of line in terms of looking for a job’.
  • Networking is one of the prime parameters while finding a job in the hidden job market. It can essentially be divided into two parts:
  • The network of employers looking for employees
  • The network of employees looking for employers

 

How to go about the ‘Job Search’?

  • Build a professional network: The hiring process often becomes pretty costly for an organization. In a way to achieve effective cost cutting, many companies prefer employee referrals which are based on trust. That’s where networking plays a major role! But it’s not that straight-forward as you think. 

Networking allows you to get in touch with people from your desired career field and who might pass your Resume to their employer or other professionals in their circle.

So, you increase your chances of knowing about an opening regarding which you didn’t have any knowledge before. It requires time and regular efforts of keeping up with people at your end. 

 

  • Pay attention to every piece of news: You need to stay on top of all the local business journals and newspapers for information regarding what’s happening with the companies in your field. This will help you to plan your job search according to the recent trends in the job market. 

 

For instance, if you hear someone from your field being interviewed on news or radio, try and send them a note appreciating their views and an offer to get together over a cup of coffee to learn and know more.

You can also sign up for Google news alert and stay updated with all prospective employers. You can simply go to the Google Alerts page and type in which employers, recruiters or field of interest you want to know about. Soon you will start receiving mails with the latest news from Google.

 

  • Regularly visit company websites: Every company has its website with a ‘Careers’ page which offers details regarding the latest job openings and eligibility criteria. After researching the companies you’re interested in you need to go through the career webpage it owns.

 

Most of the companies post on their own website rather than depending on external sources. Hence, going through this page will give you an idea regarding the job profiles you can apply for and the HR recruiter you need to contact.

 

  • Be a Pro-active LinkedIn user: Being a LinkedIn user makes you one of the millions who are connected in a well-woven professional network. There are plentiful ways to connect with people working in the companies you have targeted. Some ways to efficiently use this platform are stated below.

 

  • Make sure that your profile is complete with all the details like your work and internship experience, your qualifications and the details of your desired field of work.
  • LinkedIn provides a facility for people to endorse the work related skills you own. More the number of people who endorse your skills, more it looks attractive to people outside your circle.
  • Try and connect with professionals with substantial experience and ask for informational interviews which’ll give you an ‘inside scoop’ of the field you want to work in.

 

  • Regularly attend Seminars and Conferences: While mining the hidden job market, various trade shows and conferences can prove to be quite ideal places. They’ll enable you to make contacts who’ll tell you about unposted job openings, help you schedule an interview, provide an access to professionals with hiring power and discover potential employers who are likely to recruit soon.

Obviously, the steps above will guide you through the process of searching for an opportunity in the hidden job market. But before all that, you need to make one thing quite clear in your head- nothing will help you secure the job but your positive attitude. So, instead of having a ‘there are no jobs in my field’ approach you need to have a positive and focused outlook towards getting yourself hired and everything will work out fine.



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