Solve the Puzzle of the Hidden Job Market
I remember reading the Nancy Drew books, as a young girl, and was fascinated when I learned the “Secret of the Hidden Door” and other mysteries. If you are a job seeker, one of the biggest mysteries of our time is the Hidden Job Market.
It is estimated that 80% of job openings are not posted. This is called the hidden job market. As frustrating as it is, there are legitimate reasons why so many positions are not advertised on job boards or publicly . Your job is to understand why and know where you can find them.
Let’s Start with Why
There are many reasons why an organization may not advertise a position. Here are some:
- The position is not yet budgeted or approved
- Due to pending mergers, reorganizations or acquisitions, an official announcement of an opening would be premature
- The employer is replacing someone currently in the position and whose departure has not been finalized
- A variety of reasons may require a confidential search
The most common reason, though, is SHEER VOLUME. Posting a position on a major job board Continue reading