Resume services: the hidden job market

"It’s not what you know, it’s who you know” 

Not an entirely true statement, but when it comes to job seeking. it’s still an alarming statistic to hear that some 90% of vacancies are never publicised. Although a large number are filled through internal movements, there’s still a huge percentage (probably some 30-40%) of positions that are filled through recommendations, through job seekers making direct enquiries and by word of mouth.

Widely regarded as the "hidden job market", there are steps you can take to explore this market.

1)  Set up an online network through twitter, facebook etc and explore word-of-mouth opportunities as they arise;
2)  If you feel confident, cold-call companies that you would like to work for, even if they don't have a vacancy advertised;
3)  Always ask for onward referrals if cold calling companies (you've got nothing to lose);
4)  Talk with friends, family and associates; make them aware that you are on the market (you could be amazed at the results);
5)  Keep up to date with industry trends through professional magazines, print media and online articles;
6)  Monitor potential business acquisitions or companies going through restructures / growth;
7)  Attend professional seminars and networking functions (don't forget to take your business card)
8)  Approach professional consulting firms and accountancy firms, many of whom get involved in recruitment for their clients.

Sometimes all it takes is a little inspiration and dedication to achieve huge gains. Remember, the "hidden job market" does exist, although there's really nothing "hidden" about it.