What IS This OTHER Job Market That You Should be Embracing?

In the OTHER Job Market, buyers and sellers hold equal responsibility for the recruitment process.

When employers have a need for someone to fulfill a specific role, often the most desired candidates are employed individuals with the credentials they seek.  Thus the employer must sell their Company to potential employees in the marketplace in order to attract the best of the lot.  Once identified, they simply select their choice and buy their services. 

The Traditional JOB Market The OTHER Job Market
 

Characterized by “requisitioned” jobs being filled by chosen job seekers.

 

Characterized by available/needed work being fulfilled by job seekers, contractors, internal candidates, third-party consultants, retirees, part-timers, temporary workers, etc.

JOBS rigidly defined by requirements and qualifications… reflected by the screening process aimed at identifying key candidates. Work expectations are subjective, defined by mutual agreement, fulfillment of need or contract… reflected through the identification of qualified candidates.
Process overseen by Human Resource professionals, regulated to consider minimally qualified candidates, hopefully within salary guidelines. Process directed by hiring authorities seeking best available talent at marketplace salary expectations.
JOB Seeking PUBLIC is screened for most desirable candidates. Qualified and available candidates are sourced and recruited, often through process of endorsement or internal referral.
Screening defined by KEYWORDS, often accomplished through computer/internet job banks and resume databases. Screening accomplished by word of mouth and endorsement, often supplementing the organization’s formal process of recruitment.
Recruitment process subject to scrutiny of regulation and political correctness. Often selection process has occurred before active recruitment has been fully engaged.
Actual selection still subject to formal process and subjective choice. Actual selection often a rubber stamp formality to satisfy regulation requirements.

On the other hand, if an individual is under-employed, seeking a change, or actually unemployed, they must be visible to potential employers who are seeking their services.  Creating this visibility is strategic, personal market planning and execution—in can be marketability without rejection!  Personal Marketing is a contact sport.

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Successful Interviewing and your next OFFER

Answering questions effectively

The key to being successful in an interview is to answer each question well, with strong content and credible delivery.  To do this, you must anticipate and practice what to say, display confidence and enthusiasm and show that you have a positive attitude.  The way you deliver your responses can be just as important as what you say.

PRE-Offer negotiation requires practice and the ensuing confidence during networking and interviewing process.  It is a good example of Guideline#3 in answering questions effectively…

At least address the issue of the question before…

  • Blocking
  • Turnaround
  • Answering in your terms
  • Confronting or changing the subject!

Thursday, July 23rd, we will be focusing on actual interview TACTICS that work well within our interview strategies learned in Closing The Deal I.  This will include a POST-Offer Negotiation Approach.


POST-Offer Negotiation

What is your position worth?

  1. Base Salary
  2. Any money structured enough to be paid in a regular/ frequent paycheck
  3. Unstructured or discretionary bonuses paid to you
  4. Benefits (budgeted as a ratio of base salary)
  5. Perks (becoming extinct, but not completely yet)
  6. First year vacation (what is your sanity worth?)
  7. Starting date (especially when employed -or- coupled with significant salary movement)

Under ‘normal circumstances’ you should have a salary increase as one of your objectives in career transition… NEVER sell yourself short!  Remember, you will be hired for your potential, not for what you’ve already accomplished.

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THIS Week’s Event: CLOSING THE DEAL II-Interview TACTICS…Thursday, July 23rd@ 8:45AM at The Egg and I Restaurant

We meet at The Egg and I Restaurant (NW Quadrant of Arapaho and Montfort) in Addison.  Come prepared to work on YOUR most difficult or challenging interview issues.


Thursday, July 23rd, we will be focusing on actual interview TACTICS that work well within our interview strategies learned in Closing The Deal I.  This will include a POST-Offer Negotiation Approach.  This stuff is worth your practice time in anticipation of that terrific offer you’ll get!


Answering questions effectively

The key to being successful in an interview is to answer each question well, with strong content and credible delivery.  To do this, you must anticipate and practice what to say, display confidence and enthusiasm and show that you have a positive attitude.  The way you deliver your responses can be just as important as what you say.

Look directly into the interviewer’s eyes; give short, crisp, smooth answers that don’t sound memorized.  Put energy in your voice. Consider one of the following guidelines in answering questions relative to your communication strategy…

  • ANSWER the question….
  • Highlight strengths, giving examples as appropriate… plays to behavioral interviewer style and tactics. Minimize weaknesses.
  • At least address the issue of the question before
    • Blocking
    • Turnaround
    • Answering in your terms
    • Confronting or changing the subject!

PRE-Offer Negotiation

Become knowledgable of ‘MoneySpeak’ as it relates to your salary requirements.  Be confident in ANY discussion of your salary, either past or future (NOTE: There is no present tense where money is concerned!).  Remember…

“He who mentions money first, LOSES.”

PRE-offer negotiation is a very common use of guideline#3 in answering questions effectively.  And, as alwats, answer the question and then STOP TALKING.  You will feel pressured to defend or explain, compensating for your nervousness and emotion at this moment.  This is definitely worth practice time with your accountability partner.

POST-Offer Negotiation

What is your position worth?

  1. Base Salary
  2. Any money structured enough to be paid in a regular/ frequent paycheck
  3. Unstructured or discretionary bonuses paid to you
  4. Benefits (budgeted)
  5. Perks
  6. First year vacation
  7. Starting date

Please SHARE THIS POST with your network.

Who should attend?

  1. Those who want to perform more effectively in actual interviews–get to the offer!
  2. Those seeking a systematic, focused, more predictable way to conduct any interview and discussion of salary;
  3. “Regulars” who need a ‘booster shot.’… and bring a guest;
  4. New Comers and tire kickers… this is a great session with which to supplement your job search effectiveness!

Turning Opportunities Into INTERVIEWS: TARGET ORGANIZATION NETWORKING

Starting with your ‘offer criteria’ created in Step Two of our 12-Step Career Transition Process, let’s assume that your research and early networking efforts have allowed you to develop your INITIAL Target Organization List. Some of the more common reasons for an organization to make your initial List are:

  • They ‘do’ what you are good at and find to be desired employment
  • Their size and culture make them a good careerFIT for your future years of employment and location
  • They are ‘geographically desirable’
  • They’re involved with a trend in the marketplace that you find attractive

Because the approach described below will involve networking with people that you do not know YET, the dreaded ‘cold call,’ Let’s further assume that you have already created some visibility in the marketplace (see ‘wave one,’ personal contact network development) and have gained confidence in your networking skills.


This week’s session: Turning Opportunitities Into INTERVIEWS.  8:45 AM at The Egg and I Restaurant in Addison


Your next step is to begin to identify key individuals in and around your target organizations that can influence the success of your approach to those organizations.  Remembering some of your lessons learned in your initial personal contact network development…

  1. Your “A List” of people you already know (or have cause to know), have worked with, or in any way have interacted with in ‘real life.’
  2. Your “B List” is comprised of those people who can refer (or Bridge) you to more appropriate contacts in and around your target organizations.
  3. Your “C List” becomes that select network of people who can influence your getting hired, individuals that can hire you… these are individuals that you must connect with, must interact with… must build a relationship with, in order to get hired. Think of them as your MUST SEE List!

In the interest of time, phone calls are your best approach to a person.  Take the time to be prepared for a well-received, productive call.  A bit more passive approach, but often eliminating the ‘black hole of voicemail.’ Is a two-step approach. First, send a LETTER of Introduction or email, and then a few days later make a follow-up phone call. Who is it that you want to speak with?  Consider what level of connection you have (if any) to the people you want to inter-act with. Did someone give you their name, or did you research or find it online yourself – and if so, how?

The absolute best level of connection is a personal referral. If you meet with someone who gives you a name in a target company and says “use my name” – then you’re golden! The higher up the food chain your referring contact is, the better your response is likely to be.

The next best level of connection is a common group or association – for example, you both belong to the same LinkedIn industry-specific group or Professional Association, or you both went to the same college, etc. (By the way – joining LinkedIn Groups specific to your niche is a great way to find people on your target list!)

The third level of connection is simply that you share a common industry or profession. The two-step approach is essentially the same for all levels of connections … but the opening section would be modified according to which level of connection you are approaching.

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