The "Hidden" Job Market: Real or Imaginary?

Valerie Gonyea is one of my favorite people… she recently posted this on Facebook:

So, lemme tell ya a little story about the hidden job market. It does, in fact, exist. You just have to believe…and not in that airy fairy kinda way…more like in the clap-your-hands kinda way. Because it does take action on your part…you do have to reach out and network and ask and offer in return, etc.I can’t get into why (it doesn’t really matter), but I have chosen to move on from one of my clients. But before I did that, I wanted to be able to make up for the loss of billable hours. I reached out to only and exactly TWO people in my network. One of them talked to the CEO of the company about me and…whaddya know…the CEO and the CFO had just started to come to the conclusion that they needed some help. Someone exactly like me…and not full time…maybe just 1-2 days per week…which just so happens to be exactly the amount of time I was going to give up.

A VERY cool company, run by VERY cool people…everything is setup as online as possible. I am thrilled!

So, if you’re looking to move on someday, make sure you have an up-to-date LinkedIn profile and a strong network infrastructure and then go WORK IT!

In the comment thread, she continued:

The hidden job market has been defined as job opportunities that exist but aren’t posted for the public to know about them. In other words, once it’s online, or on a job board, it is not “hidden.” In this example, this opporunity came when “the CEO and the CFO had just started to come to the conclusion that they needed some help.” Who knew about it? NO ONE. It was “hidden.” No one could have known about it because the to CxOs had just started to come to the conclusion… this was far from being posted online, and far away from them going to a recruiter to find talent.

Valerie “tapped into the hidden job market” (which is what we all want to do) by, as she said, working it. She reached out, and I’m sure she let the two people she reached out to know who she was (what kind of work she does) and what she was looking for. She did it in a clear enough way that they could communicate that to their network… and it worked.

Will you talk to only and exactly two people? Probably not… some people talk to two hundred plus people…. but talking is where it is at. Valerie probably had NO competition in the decision-making phase… contrast that with the idea of being one of hundreds of resumes submitted online.

Think differently about where you spend your time. This concept would have changed the way my job search went entirely.

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Jason Alba is creator of the online job search organizer JibberJobber.com. He created JibberJobber in 2006 when he was in his own job search and realized a spreadsheet was not a good tool to organize a job search. Job seekers, consultants and even people who have jobs use JibberJobber to organize personal and professional relationships, much like a sales professional would use a CRM to manage their prospects and customers.

Joy Montgomery

The Affordable Action Plan for Small Businesses and Startups

9y

Nice - one of my favorite people talking about another of my favorite people in a nice way. Thanks for sharing, Jason Alba and "way to go" Valerie Gonyea, CPA!

Drew Lopez, SPHR, MHCS

Senior Manager at Accenture Strategy

9y

Great post. So true about it's existence...it has worked for me several times over my career.

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Mary Konow, M.S., CCC, GCDF, CSNS

Innovative & Strategic Career Programming | Workforce Development

9y

This is a great example of utilizing your network wisely and presenting yourself in a way that can benefit the company. Hearing these success stories is very helpful to job seekers. Thanks for sharing.

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Rebecca (.

Talent Acquisition Senior Leader

9y

Great example to share for the reminder that an effective job search really is about networking and tapping into the "hidden" job market.

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