Successful Search Methods
To: Executive Job Seekers
In today’s job market, simply browsing through the Sunday newspaper and sending out a few resumes in order to win your next career opportunity are over. The days of retiring after having worked for just one or two companies are also over. Downsizings, mergers, offshore manufacturing, acquisitions, corporate reorganizations, consolidation, and other change initiatives have required rapid adaptation of workers, hard career decisions, and frequent transitions. These days, the average executive will hold several jobs before the age of 40. The average worker will change careers several times during his or her lifetime.
While the time frame for your job search will vary with the specifics of your situation, a commonly cited statistic is that in this job economy the average job search may take anywhere from 12 to 24 months from initiation to the day you begin your new job, depending upon your executive level, your industry and your willingness to relocate to an area that is more conducive to a career transition.
The U.S. Department of Labor indicated in early 2009 that the average length of unemployment in the U.S. was several months. This figure increased significantly throughout 2009 and may approach 36 to 72 weeks by mid 2010, if predictions of 12% to 14% unemployment are realized, as many economists believe. Another statistic prior to 2009 was that you could expect to spend approximately one month job searching for each $10,000 in salary you were seeking. This statistic now is difficult to track as it is constantly changing, but has more than doubled and some believe it has actually tripled.
Fortune 100 companies may receive more than 3,000 resumes for every posted opening in today’s market. Even mid size companies will receive 200 to 500 resumes for the openings they post, so you need to be very lucky just to have your resume read. Then, if your background is not precisely what the company is looking for, your resume will be tossed aside. Companies no longer have to compromise when seeking executive management personnel. There are many qualified candidates for each available position.
Do you have the need to search for a job in 2010? If you do and if you are looking forward to your next job search with dread, you are definitely not alone! Job searching can be incredibly stressful. However, with the correct planning, proper packaging and professional marketing and sincere commitment, you can minimize that stress and land a new position – one that is personally, professionally and financially rewarding - faster than you may have thought possible. There are executive positions available to advance your career. Finding and obtaining them, however, is more difficult than ever.
Patricia A. Collins
CEO/VP of Marketing Services
www.linkedin.com/in/patticollins

