The Hidden Job Market—Reality or Myth?
In a recent blog posting, a respected recruiter stated the hidden job market is a myth—it only exists for a few thousand jobs out of 20 million, mostly for very senior executives. With all due respect, we disagree. Since this issue has important implications for your job search, let’s discuss it.
What is the “Hidden Job Market?”
First, what is the “hidden job market?” It refers to jobs that are not advertised, and sometimes, are created specifically because the right person shows up.
Do Companies Really Hide Jobs?
Why would companies “hide” jobs? Usually they don’t. But things happen. An analyst goes on permanent maternity leave, the new secretary’s angry outburst gets her fired, and an unhappy case manager suddenly springs a resignation letter—effective today. Voila! There is a job.
The Job Incubator
Usually, however, these jobs don’t instantly appear as published “openings.” Often, there is an “incubation phase,” just as when an egg is hatching. The slow-moving wheels of bureaucracy is one factor. But often, it takes a while for the boss to come to the conclusion that she needs to hire—and to actually take action.
Some examples
For months, the boss has given the new manager umpteen chances to shape up, but is at the end of his rope. He knows he has to fire her, but first, he’s got to first develop a paper trail to justify the firing. Further, he needs to have someone lined up to pick up the slack when he lets her go.
Likewise, the superstar employee has become a problem over time. She’s too good for the job, and he dreads the thought of losing her to the competition.
The company just landed a big contract. The boss is thinking through how many and what kinds of people to hire.
Sometimes, the boss hasn’t even thought of hiring someone. A client recently was introduced to a senior level manager, and their conversation got him thinking of new possibilities. This client had zero competition for the job that was created.
Employers do hide openings
Sometimes, employers DO want to hide their openings. They ask employees to recommend people, since they don’t want to risk hiring an unknown.
Then, there are factors like discrimination to consider. In federal government hiring, veterans get a leg up in the hiring process. Consequently, some hiring decision makers had been badly burned. Either they were forced to hire veterans who were drug addicts or otherwise undesirable employees, or were sued for not hiring them. To avoid this situation, hiring decision makers developed a backdoor method. They hired their desired person on a temporary basis, without posting the job, thus allowing their person to get superior relevant experience to beat competition when the position was posted months later.
Lesson Learned
The lesson is this. The hidden job market is everywhere. Be alert to the needs of hiring decision makers. In good times and bad, bosses are often desperate for help. They may not always have the budget to hire, but the needs are there. Networking that raises your visibility and credibility positions you to hear about and be considered for jobs other job hunters never find out about—and created jobs are not nearly as unusual as this recruiter believes.
Steve Frederick
Frederick Career Services
847-673-0339
www.Fcscareerservices.com














