The hidden job market isn’t really all that “hidden” at all. It’s actually quite self-explanatory: it refers to any jobs that employers do not advertise or publish publicly.
What may surprise you is this: the hidden job market applies to a large percentage of open positions. Why? Because often, it’s less expensive and more reliable as a means for companies to source candidates than via traditional job postings. The cost of advertising has increased, so it’s cost effective. And, if an employer posts positions internally and/or relies on personal and employee referrals, they will know their candidates by reputation, saving them time and making finding the right person for a role much less of a gamble.
Plus, companies may not want to show their hand to their competitors by posting open jobs. So, the hidden job market helps them maintain their competitive edge.
How to Access the Hidden Job Market
Often, jobs on the hidden market are the cream of the crop, so you don’t want to miss out on them.
Fine, you may say, but how do I know about them??
Good question. After all, there’s a reason these often highly sought after roles are known as “hidden.” The key to learning about them is to always lay the groundwork for your next great career opportunity.
- Always be networking. This is good advice throughout your career, but especially if you want to tap into the hidden job market. Join networking groups: because other members are more likely to be job hunting themselves, they may hear about hidden jobs outside their own areas of interest that they can share.
- Explore opportunities at your current company. The perfect hidden opportunity may be right underneath your nose, at your present workplace. If you’re happy there but are looking for something new, connect with colleagues in other departments that interest you and find out if there are any current or upcoming openings.
- Stay active on social media. Many employers have social media profiles, so follow or connect with those that may help you find the right new role. You can also use LinkedIn and other platforms to identify key employees within desired companies and build connections with them.
- Pursue volunteer opportunities. Volunteering shows your initiative, dedication and passion for a particular industry or organization. And as you donate your time and talents, you may meet people who can help get your foot in the door as you pinpoint the job of your dreams.
Last but not least, connect with the right recruiter as you seek access to the invaluable hidden job market. Reach out to PrideStaff Northern Kentucky today to connect with one of our experienced recruiters in areas including accounting and finance, administration, customer service, healthcare, IT, insurance, manufacturing, sales and marketing and more. Our job network is constantly in motion with full-time, temporary and temp-to-hire opportunities. We look forward to helping you find the right fit and keep your career on the growth track.