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The hidden job market refers to jobs that are not posted publicly. This happens a lot more often than you may think. The Five O’Clock Club, a national outplacement and coaching firm, estimates that most jobs are filled outside job postings. Put yourself in the position of the hiring organization:
- They need to hire because they are busy.
- They are too busy to spend time hiring.
- They may want to post the job and do an exhaustive search.
- If someone walks through the door and fits exactly what they need, they can just take that person and solve their problem immediately without all the hassle of a job search.
- Furthermore, the person who knows about the need (the hiring manager) is not human resources (unless the need is in human resources, of course).
- There are always at least three steps before a job is posted: (1) the need is discovered, (2) HR is called in, and (3) the job is posted.
- Keep in mind that the job may not ever be posted, even if HR is called in. Maybe HR has a candidate already in mind, for example, someone who was interviewed for another position. If taking someone already known to the organization and already qualified means a faster hire, an open job may never be posted.
If you have researched your organizations and know either the hiring manager or HR, then you get a jump on everyone else who is waiting for the posting.
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