The Hidden Job Market
Thursday, March 19th, 2009Maybe you’ve spent months sending resumes to Monster.com and Careerbuilder, with only eyestrain to show for it. What’s going wrong?
Studies have shown that the published market, including the Internet, contains only about 20% to 25% of the jobs. Many published jobs are low-wage, high-turnover, less-desirable jobs.
Think about what happened when your boss wanted to hire someone. Perhaps the first question was: “Who can we promote?” The second was, “Who knows somebody?” After all, the boss would prefer someone he or a trusted employee knows. Besides, who wants to sort through hundreds of resumes?
Therefore, many advertised jobs are the ones nobody wants. Plus, the competition for jobs in the published market can be fierce because so many people rely exclusively on the published market to find jobs. When a local library advertised for a half-time, $9/hour job, over 300 people applied—including people with Master’s degrees.
The Hidden Job Market
Don’t neglect the published market (give it 20% of your time). It holds many more interesting job possibilities.
Here’s why. Bosses often have these problems:
1) The underachiever. Sarah has a bad attitude, comes in late, and does shoddy work. Many times, the boss is aware that Sarah needs to go, but can’t fire her right away. Perhaps the boss is making a paper trail to prevent a lawsuit for improper firing. The boss might want to find a replacement first. Sometimes, the boss has a soft spot in his heart, but realizes (or soon will) that Sarah has gotten too many chances.
2) The overachiever. Maria has a great attitude, does superior work, and is a resource for others on the team. Yet, the boss worries about her. Why? She’s too good for the job. If he doesn’t promote her, he’ll lose her. But first, he needs a replacement.
3) New needs. The company’s marketing people did it! Oprah’s going to feature our product in a couple months, and women across America will clamor for the product.
That’s great news—except the company isn’t prepared to handle the demand. The company needs someone who can take charge and ramp up production.
You want to find the boss with these kinds of problems–and more. Find the boss who’s got the kinds of problems that you are would love to solve.
The jobs are more interesting, and there’s little competition—maybe no competition. Many of my clients have jobs created for them because they can fill a need.
Steve Frederick
Frederick Career Services
847-673-0339
www.fcscareerservices.com














