Hidden Job Market in Australia

Most individual who seek for a job often relies on open-job market such as wanted advertisement in newspapers and job vacancy post on boards as their sources. It may look as a great source of abundant job opportunity, but in reality only few individuals can secure positions throughout the search. In fact, only 5-10% of individual who use this method land a job.

So, why using these method makes it difficult to land a job? Job seekers who seek job opportunities through job board usually faced with great competition, this leads on limited possibility to get their candidacy. It is already normal for an HR to receive over hundred resumes just for one position, without personal connection with the HR and excellent qualification, the possibility to be noticed will be rare.

Hidden Job Market Opportunities

Over 80% of job seekers usually land a job though hidden job market. The jobs in the hidden market are not posted in any board, newspaper or online, rather are communicated through the word of mouth. Wondering why are these jobs not posted in the public area? Sometimes, companies who use this method are often unsuccessful in finding the right candidate position. Some companies don’t have enough budget to post their job vacancy online. Other company believes that hiring and promotion can be better through referral programs.

There are two primary ways you can use to land a job in the hidden job market. The first is through cold call method. There is 10-20% of individuals land a job through cold call. Cold call can be made whether an open position is available or not.

A great way to find contacts and make connections so you can cold call an employer is to search websites like LinkedIn. LinkedIn covers a huge variety of professional careers and is a great way to connect with a professional within the community. If you’re looking for a trade based job or apprenticeships then you can use handy websites that already have jobs connected to their website and more often than not have a contact number for an employer that you can access for free.

The goal here is to identify companies and industries that offer a good fit to any job seekers based on the achievements, competency and their geography. It also aims to know someone in the industry, get introduced to them and persuade them to know you more. Through this, you will establish relationship proactively so when the HR is in need, your chances to be hired will be increased. This is just like sales prospecting. The only difference is that instead of looking for lead customer, you will need to find lead companies.

The second way will be through Networking. Almost 70% of job seekers land a job through networking. This allows relationship building and information sharing. Effective networking will lead on meeting new people, learn about them, and provide assistance to them and getting new opportunities.

Networking should not be about asking other people to join you or asking favours. It should be about building relationship, if you have done it successfully and when people feel ease and comfort with you, opportunities for jobs will just pop out.

Personal Network will surely help you. You can improve this through identifying first those people in your immediate world. They can be your relatives, friends, people in a religious or community organization, dentists, doctors, teachers, and many more. Try to have a wide range of visibility, pinpoint individuals who can help you in finding a job and then reach out to them. This people will build a bridge for you to meet your prospective employers and definitely secure a position in an organization or in a company.

Creating a personal network for a trade based job like a carpenter or plumber is  little bit different. A separate company normally does the job seeking for them so if you’re having trouble locating a job or a network within this industry try some of these websites.  In America try careerbuilder, in the UK try jobsite.