The Hidden Job Market and How to Tap Into it!
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The Hidden Job Market and How to Tap Into it!
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"Yes, Virginia, there is a Hidden Job Market!"
But, it may look a little different than you think.
Larger employers are often legally required to publicly post all available jobs, but small to medium businesses (SMBs) generaly have more leeway. There are several reasons a job might not be posted, and several ways you can take advantage of it. This is the topic of today's discussion with Andy Bowden and Jessica Richardson.
Highlights:
Most jobs are posted
- FAANG companies and others follow regulations like OFCCP that require them to post all jobs
- All employers want to tap into the best talent and so it's generally in their best interest to post the jobs they have
Why would jobs not be posted?
- They may be posted and filled internally prior to public posting
- The role was approved for the next fiscal year but is not yet released
- The division may source and hire from within their network
- Some companies have more bureaucratic channels than others
- The company recognizes the need, but the role hasn't yet been created
How can job seekers tap into these unposted roles?
- NETWORK, NETWORK, NETWORK
(and not just when you're job hunting) - Stay connected to emerging needs within your market
- Identify opportunities and engage in direct outreach
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