CRACK THE HIDDEN JOB MARKET CODE for EXECUTIVE JOBS
Comments (0) Google “hidden job market” and hundreds of entries are presented; most from job boards. The articles and advice, most by those same job boards or their parent companies, hope to scare you into believing the job you want is hidden from view and only by stealth and their service will you discover where they are hidden.
When a company has an Executive Position vacant, they lose money, sometimes market share and often good PR. For every week an Executive Job remains unfilled, the company loses in lost opportunities, efficiency of others who have to pick up the slack and the horendous expense of recruiting and search for the right person to fill the spot. So why on earth would they keep the job hidden?
With so many venues to advertise and communicate about jobs, it is unlikely any given opportunity will use them all. Time has shown, repeatedly, that the most effective way to fill Executive jobs is through referrals. Word of mouth, or viral networking as it has become known, is the time honored method to reveal the so called hidden jobs.
If we include statistics about Recruiters, who also rely on referrals to locate top Executive talent, over 87% of all Executive Jobs are filled through referrals. Nothing hidden here. It is just a matter of discovering who you know who can introduce you to the key players.
One technique includes talking to people who do what you do. Ask them to refer those who contact them about jobs to you. Ask them to introduce you to Recruiters who have placed them and don’t forget to ask them who they would contact to get referrals if they were looking for a job.
And be sure to pass on the favor once you land your own job. Otherwise your contemporaries will start to believe there is a hidden job market.
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