
Everyone wants a voice in strategic decisions and to be included in ‘the conversation.’ To truly be included, you need to be invited. And you will only be invited if you are seen as absolutely essential to the TEAM. Remember, team player and team leader CAN BE interchangeable terms.
In the OTHER Job Market, buyers and sellers hold equal responsibility for the recruitment process. When employers have a need for someone to fulfill a specific role, often the most desired candidates are employed individuals with the credentials they seek. Thus the employer must sell their Company to potential employees in the marketplace in order to attract the best of the lot. Once identified, they simply select their choice and buy their services.
Thursday, November 21st…..Embracing The OTHER Job Market: Our introductory and overview session… a great start for new comers!
So what IS this OTHER job market?
| The JOB Market | The OTHER Job Market |
| Characterized by “requisitioned” jobs being filled by chosen job seekers. | Characterized by available/needed work being fulfilled by job seekers, contractors, internal candidates, third-party consultants, retirees, part-timers, temporary workers, etc. |
| JOBS rigidly defined by requirements and qualifications… reflected by the screening process aimed at identifying key candidates. | Work expectations are subjective, defined by mutual agreement, fulfillment of need or contract… reflected through the identification of qualified candidates. |
| Process overseen by Human Resource professionals, regulated to consider minimally qualified candidates, hopefully within salary guidelines. | Process directed by hiring authorities seeking best available talent at marketplace salary expectations. |
| JOB Seeking PUBLIC is screened for most desirable candidates. | Qualified and available candidates are sourced and recruited, often through process of endorsement or internal referral. |
| Screening defined by KEYWORDS, often accomplished through computer/internet job banks and resume databases. | Screening accomplished by word of mouth and endorsement, often supplementing the organization’s formal process of recruitment. |
| Recruitment process subject to scrutiny of regulation and political correctness. | Often selection process has occurred before active recruitment has been fully engaged. |
| Actual selection still subject to formal process and subjective choice. | Actual selection often a rubber stamp formality to satisfy regulation requirements. |
On the other hand, if an individual is seeking a change, or actually unemployed, they must be visible to potential employers who are seeking their services. Creating this visibility is strategic, personal market planning and execution—in can be marketability without rejection!
Personal Marketing is a contact sport.
The Evolution of a JOB…
| NEED IDENTIFIED
|
Replacement jobs often redefined. No definition to a new need. | No competition |
| WORK ANTICIPATED
|
Discussion leads to decisions on JOB definition | Often job parameters are set based on market feedback |
| JOB REQUISTION WRITTEN AND APPROVED
|
Job Requirements must be defined… expectations creep into the recruitment process | Internal candidates often get priority in employment process |
| JOB is “open”
|
Job Requirements are often refined based on market feedback | Internal AND external candidates compete for the same jobs |
| JOB is published
|
Job requirements and qualifications define the screening process | MAX competition!! |
In the OTHER Job Market, buyers and sellers hold equal responsibility for the recruitment process. When employers have a need for someone to fulfill a specific role, often the most desired candidates are employed individuals with the credentials they seek. Thus the employer must sell their Company to potential employees in the marketplace in order to attract the best of the lot. Once identified, they simply select their choice and buy their services.
One job search technique for both traditional job search AND embracing The OTHER Job Market, is using the services of a third party recruiter. The term “third party recruiter” goes by many names including contingency agencies, executive search firms, retained search firms, employment agencies, headhunters, recruiters, and temp agencies. These all fall under the umbrella of the “staffing industry.”
Temping can help you learn new skills and experience, build your network, open up options you had not previously considered and bridge employment gaps. The goal is to get inside a company. Here is my TOP TEN list of things you should take into consideration when working with staffing agencies.
THAT’s a huge question to address as a job seeker’s search wears on.
So, how can you ensure another ‘second opinion’ doesn’t cloud your judgement?
In every marketplace, there are buyers and sellers. In the traditional job market, the one that our Department of Labor measures for us, job seekers are the sellers and their potential employers are the buyers. The commodity is productive work and the competition is fierce.
The traditional job seeker spends most of their time on job boards…and trying to figure out the “right” KEYWORDS. It starts by taking the path of least resistance… applying for those jobs that you feel ideally suited for. After all, this approach comes with a low risk of direct rejection. In fact, it also comes with a low response ratio… The Internet’s ‘black hole.’ Instead of being told “no,” you’re told nothing.
That’s why it’s important to look for your next employment opportunity outside job boards… Don’t limit yourself to posted jobs, or even un-posted jobs in the ‘hidden job market.’ Learn to embrace the OTHER job market, the one where employers are seeking your ‘top talent.’.
YES, there is… even in today’s digital world of recruitment. You see, in every marketplace, there are buyers and sellers. In the traditional job market, the one that our Department of Labor measures for us, job seekers are the sellers and their potential employers are the buyers. The commodity is productive work and the competition is fierce. It doesn’t matter if you are an operations manager, an internal HR professional, senior finance executive, or a key player on the IT team—ANY experienced and valued professional job seeker—ALL should want to become a valued partner in the business of their next employer.
In the OTHER Job Market, buyers and sellers hold equal responsibility for the recruitment process. When employers have a need for someone to fulfill a specific role, often the most desired candidates are employed individuals with the credentials they seek.
Why is it that even though “networking” stacks the deck in the favor of a job seeker, there seems to be this 500# GORILLA that stands in the way?
Those who don’t fully understand the process, who use people for information and never build the relationship, or return the favor, give networking a bad name and lose credibility in the eyes of others. Networking is about building trust and respect, not tearing away at it!
Embracing The OTHER Job Market
With the hiring authority, you have an opportunity to talk about what really matters, whatever NEED the job requisition was designed to alleviate, when you’re talking directly with the person who’s actually losing sleep over the budget shortfall or the customer exodus or whatever is rotten in Denmark.
Pick your favorite cliche’ … “It’s always darkest before the storm…” or “Red in the morning, sailors take warning…” or, “When life hands you a lemon, make and enjoy some fresh lemonade!” Career transition history shows that the ‘Dark Ages,’ the time between Thanksgiving and early January is horrible for actual job placements… but a terrific time for pro-active networking! WHY??
Conventional wisdom is that company’s speed up their hiring to use up year-ending budget dollars. Nearly forty years of ‘reality therapy’ has shown me that company’s…
If you are not absolutely clear about what you want as that NEXT STEP in your career, envision an ideal position that will value you for the main characteristics and experiences you want to be hired for. Since you need to be concise and clear when developing your Personal Marketing collateral materials (resume, BIO, verbal communication, and your LinkedIn profile), it’s important to figure out what you best offer in your next position, so you know exactly what skills and experiences to highlight. 