How Are People Finding Jobs?

How Are People Finding Jobs?

How Are People Finding Jobs?

How are people finding jobs? It’s an important question, of course, because answering it correctly enables you to invest your time most effectively when you’re looking for a job and to make sure you’re in charge of the employment changes in your career rather than their victim.

Traditionally, we get the answer to this question from what are called “source of hire” surveys. They poll employers to determine where the candidates they hired were first identified. It seems like a reasonable approach but in fact, has two serious disadvantages:

  • First, recruiters collect candidate data from their applicant tracking system, a computerized database which most large and many smaller employers now use to receive and store candidate resumes. These systems do query applicants on where they heard about the opening for which they applied, but more often than not, they do so by forcing them to pick from an incomplete and out-of-date list of options. As a result, the data they provide to employers is consistently and significantly inaccurate.
  • Second, source of hire surveys normally sample a very small population of employers and collect the data they report as averages. They then establish an overall set of results by averaging the employers’ averages, an approach which can overemphasize data trends and minimize important data anomalies.
  • To avoid these deficiencies, we at WEDDLE’s launched a Source of Employment Survey last year. This study has the following benefits:

  • First, it acquires information directly from those who really know where they first heard about an employment opportunity: the working men and women who applied for the job. As a consequence, it avoids the distorting filter of applicant tracking systems and the inaccuracies of their data.
  • Second, it samples a huge population. WEDDLE’s 2007 report is based on a survey of over 11,500 respondents. The data were collected between January 1, 2007 and July 31, 2007 at the WEDDLE’s Web-site, www.weddles.com.
  • Our 2007 survey confirmed some previously reported trends and yielded a couple of interesting surprises. As shown below, the five best sources of employment are online job boards, staffing and executive search firms, tips from friends and family members, networking in a business context, and two methods that have been pooh-poohed recently by the cognoscenti of employment: career fairs and newspapers.

  • The #1 source of employment: answering ads and posting your resume on job boards, reported by 13.22% of respondents;
  • The #2 source of employment: a call from a headhunter or staffing firm, reported by 11.3% of respondents;
  • The #3 source of employment: a tip from a friend or family member, reported by 11.1% of respondents;
  • The #4 source of employment: networking at work or at a business event, reported by 10.5% of respondents;
  • The #5 source of employment: a virtual tie between career fairs and answering an ad in a newspaper, reported by 5.8% of respondents.
  • As you can see, these five sources accounted for almost six out of ten (57.7%) of the positions that people took during their last job search.

    What were the least helpful sources of employment, as reported by our survey respondents? Beginning with the least effective, they were:

  • Networking at a social event;
  • Answering an ad in a publication of their professional association;
  • Using a social networking site;
  • Sending a resume directly to an employer; and
  • Responding to a notice posted in a store.
  • What can we learn from these results? First, while social networking sites and social networking, in general, obviously have their benefits, one of them is clearly not finding a job. Second, while associations serve a number of important functions, many are apparently not doing enough when it comes to connecting their members to the employment opportunities they want. And third, lots of employers aren’t doing much better. In an age that is based on electronic communication, such crude recruiting tactics as placing placards in a window are the functional equivalent of sending out smoke signals.

    What should you do about these findings? I have the following suggestions:

  • Devote more time to online or e-networking. This activity enables you to leverage the effectiveness of networking while capitalizing on the efficiency you can achieve online. I’m not suggesting that you forego traditional telephonic and face-to-face networking, but rather that you augment those one-on-one methods with the Web’s capacity for building relationships with many different people all at the same time. Online networking involves your communicating by e-mail with your peers at discussion forums and bulletin boards hosted on commercial job boards and other career sites. You can carry on such conversations-and expand your circle of contacts in the process-any time of the day or night and even while you’re sitting at home in your fuzzy slippers. To get the best results, I recommend that you invest 30 minutes twice a week, but no more, to e-networking. It’s very effective, but it’s also very seductive so you need to manage your involvement carefully.
  • Use all of the job search and career advancement methods at your disposal. As our survey indicates, job boards work. One out of every seven people found a job that way. The key is to select the job boards that will work best for you. With 40,000 such sites now operating in the U.S. alone, you have to be a good consumer (and, of course, WEDDLE’s Guides can help). In addition, take advantage of career fairs and newspaper ads and talk with friends and family members and your colleagues at work about your employment goals. Yes, that requires a fair bit of effort, but each and every one of those activities is important. Why? Because as our study confirms, the best method of finding a job is only three percentage points better than the fourth most effective method and just slightly more than twice as effective as the two fifth best methods. In other words, there is no silver bullet. The most productive strategy for finding a new or better job is to undertake an array of activities that will expose you to the largest possible number of people and prospective employment opportunities. And the top five methods identified in the WEDDLE’s 2007 Source of Employment Survey is a good place to start.
  • The WEDDLE’s Source of Employment Survey will be reported here in my newsletter each year in September. We hope it helps you to maximize the success you achieve when looking for a new or better job and, as a result, the satisfaction and rewards you derive from your work.

    Thanks for reading,

    Peter

    P.S. Remember what you learned in kindergarten: It’s nice to share. Don’t keep WEDDLE’s to yourself. If you like our newsletter, please tell your friends and colleagues about it. They’ll appreciate your thinking of them. And, we will too!

    P.S.S. Don’t forget to send us your new e-mail address if you move. Lots of people are changing jobs these days, and we want to be sure you still have the information in WEDDLE’s to help you perform at your peak. All you have to do to keep your WEDDLE’s newsletter coming is send your change of address to pwj@weddles.com.

    Section Two: Site News You Can Use

    AWowTrip.com announced that it has a solution for the lonely dinner that’s often endured by the single business traveler. Although it clearly could be used for other purposes, the site promises to connect out-of-town visitors with locals for a “lasting friendship, a one time dinner or concert date, a discrete encounter, or simply some poker night buddies.” Not to be outdone, MeetForLunch.com offers the same kind of connection right in one’s own back yard. It brings people together for lunch based on their shared interest in politics, arts, music, literature or sports as well as by age and gender, and they do so for free.

    FSB: Fortune Small Business published an article on “pyros”-bosses who turn every business problem into a three-alarm fire. The author, Michael Watkins, notes that such “leaders” are very harmful to their employers. I think they’re no less dangerous to their subordinates. How can you tell if you work for a pyro? The article suggests that you ask yourself the following questions (with some editing by me):

  • Are most of the e-mail messages from your boss labeled “urgent”?
  • Has your boss ever left you more than three voice mail messages in a single hour on the same issue?,/li>
  • Does your boss make you stay late or work weekends on issues that come up just as you were about to leave the office?
  • Do you screen your calls to avoid speaking with your boss, forcing them to send their latest “hot” communication to voice mail?
  • If you answered yes to two or more of these questions, I suggest that you begin looking for a new job or a new employer right away. Why? Because you’re working for a boss who is hurting your health, your self-confidence and your commitment to doing your best work … all of which can send your career up in flames.

    The Hay Group posted its list of countries around the world where your paycheck is most likely to stretch the furthest. We’re all concerned about our income and the cost of living, of course, but as the list also makes clear, there are other issues you should also consider-quality of life and security being two that leap to mind. Anyway, if you’re willing to relocate, you might want to consider the following ten countries where you will have the greatest earning power:

  • Saudi Arabia
  • U.A.E.
  • Hong Kong
  • Russia
  • Turkey
  • Mexico
  • Ukraine
  • Thailand
  • Singapore
  • Argentina
  • P.S. For reference, the U.S. is ranked 24th on the list.

    PricewaterhouseCoopers released the results of a survey of new workforce programs that employers plan to implement in the next year. Chief among them was requiring employees to pay for their own unhealthy behaviors. Almost two-thirds (62%) of the surveyed organizations say they plan to require workers who smoke or are overweight to contribute a greater share of their health benefit costs. At one firm, for example, employees pay $5 per paycheck if they do not meet minimum standards for body mass index, cholesterol, blood glucose, blood pressure and nonuse of tobacco. While this approach has been described as “punitive” by some in the media, it is permitted under Federal guidelines so its use is likely to grow in the future. Indeed, the 62% of employers that said they planned to implement such a program in 2007 represented a 30% jump over those who said they planned to do so just last year.

    WEDDLE’s announced the availability of its special primer on the secrets of conducting a successful job search using the Internet. There are literally hundreds of techniques for finding a new or better job online, but many are inefficient and ineffective. How can you make sure you use the best of the Web?

  • First, you have to figure out which techniques work best.
  • And second, you have to know how to put those techniques to work for you.
  • WEDDLE’s WIZNotes: Finding a Job on the Web provides exactly that information and helps you chart a course to success on the Internet! It’s a complete online job search campaign in a book. It covers everything you need-from using job agents and uncovering interview questions in advance to finding new and former contacts through online networking-to put the Internet to work for you. The book is short and to the point. It’s written for busy people who don’t have time to waste, but want to know-and use-the secrets to success in an online job search. To learn more and order WIZNotes: Finding a Job on the Web, please click on the appropriate link to your left or call 317.916.9424. Order today!

    Section Three: Site Profiles

    Site Spotlite … from the pages of WEDDLE’s 2007/8 Guides and Directories

    There are 40,000 job boards now in operation in North America and an equal number operating elsewhere around the world. The key to a successful job search online, therefore, is knowing where to find and how to select the sites that will work best for you. WEDDLE’s 2007/8 Guide identifies 350 of the top sites worldwide and provides the information you need to determine which job boards will connect you with the openings that might just be your dream job. For example:

    TheLadders.com

    http://www.theladders.com

    Post full time jobs: Yes

    Post part time, contract or consulting jobs: Yes-Consulting

    Distribution of jobs: International

    Number of jobs: 45,000

    Salary levels of jobs: $151-200K/year, $201K+/year

    Offer a job agent: Yes

    Resume database: Yes

    How long are resumes stored: Indefinitely

    Restrictions on who can post: $100K+ professionals only

    Other services for job seekers: Discussion forum for networking, Career information, Links to other sites with job search/career resources. Monthly subscription fee to participate.

    Member, International Association of Employment Web Sites: Yes

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