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THE HIDDEN JOB MARKET

  
Even after you have completed your post-secondary education and are ready to enter your career, you may be shocked to find out that up to 85% of all job vacancies are never publicly advertised. 

That’s right! Up to 85% of all job openings are never advertised by employers. 

This is often referred to as the Hidden Job Market.

  

SO HOW DO EMPLOYERS FILL VACANCIES?

Employers today are relying more and more on 

bullet

referrals from employees and friends, 
 

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unsolicited applications from job seekers, and 
 

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private employment agencies.

There are a number of reasons for this, but the most likely is that when a want ad is placed in a newspaper or on some other electronic job site, employers receive hundreds, if not thousands of applications. It then takes an enormous amount of time for staff to sort through the applications, check the references and conduct interviews.

Moreover, there is now such a high turnover of staff in most companies that employers are no longer willing to invest the time and effort to find employees who may leave them a short time after they are hired. They want to find someone who already has the necessary training who can simply step in and begin to do the job. This way, if the person decides to leave after a short time with the company, the employer has not wasted much of an investment in training.

REFERRALS FROM OTHER EMPLOYEES

This is one of the most effective methods of finding people to fill vacancies. 

After all, if an employer hires a person based on the referral of an existing employee, he knows that the person must have the necessary qualities for the job. A current employee wouldn’t risk his own job by referring a non-qualified person.

Therefore, if you are interested in working for a particular company, it becomes very important for you to get to know the employees of that company. You may not be able to develop a relationship with the employer, but it should certainly be possible for you to volunteer to work with the company during charitable events, or to take part in sporting and recreational activities in the community of which some of the employees are involved.

When you discover that some of your acquaintances are actually working for a company with which you would like to seek employment, make sure that they are aware of your interest. 

Also, when you send a resume or application, make sure you use existing employees as a reference. It is much easier for an employer to walk down the hallway to seek a reference from a current employee than to make a phone call to a perfect stranger.

Depending on the nature of the relationship you establish with the employee of the desired company, you may also be able to ask the employee to bring in your application for you and deliver it in person. Remember, when you are trying to get started in your new career, it is no time to be shy. Use whatever tools you have.

UNSOLICITED JOB SEEKERS

It never hurts to send in an unsolicited resume to a company along with a well-worded cover letter. 

Employers have more time to read unsolicited resumes which come across their desk because of the fact that there are so few of them. 

Usually they have to go through hundreds of resumes at once and are in a hurry. If they only have one resume, they will take their time and look at it more carefully.

When you do this, however, make sure that the cover letter makes reference to some recent accomplishment of the company, or points out something about which the employer will feel especially proud. When an employer sees that you are sincerely interested enough about his company that you are paying attention to what the company is actually doing, he/she will take notice. 

There may not be a vacancy at the time, but if you send updated resumes with appropriate cover letters on a regular basis, the employer will be more likely to pull up your file when a vacancy occurs. You just have to make sure that you keep this strategy up and pay particular notice to the newspapers and business journals.

PRIVATE EMPLOYMENT AGENCIES

Private Employment Agencies - often referred to as "Headhunters" - have become extremely popular in recent years. All an employer has to do is send a request to an employment agency, specifying the kind of person and the qualifications needed, and the agency takes care of the rest. The fee is well worth the service provided to find a person to fill an important position in the company.

Therefore, as a person seeking an entry-level position in a chosen career field, it becomes increasingly difficult to find openings. This means that you should consider registering with as many employment agencies as you can. It also means that you have to update those records frequently as you do more volunteer work and gain other work experience through interim jobs.

When a "headhunter" searches through his data-base, he simply puts in key words. The more of those "key words" that are contained in your record, the better. You may have to be prepared to move to an out-of-the way location to begin your career, but if you leave your resume with the employment agencies, they will continue to search out better positions with other companies and eventually you may be able to find a job back home.

It makes as much sense to have an employment agent as it does to have a real estate agent, an insurance agent or a travel agent. 

When you need a new job, let a professional do the work for you.

  
 
 
  

Your Career Planner Is A Free Public Education Service Provided by
Robert Kirwan, B.A. (Math), M.A. (Education)
Independent Education & Career Planning Coach
Member of the Ontario College of Teachers
His office is located at 4456 Noel Crescent, Val Therese, Ontario P3P 1S8
Phone: (705) 969-7215