Foundation: Career Search
Hidden Job Market
The hidden job market consists of the jobs that are not posted yet or may never be posted. They are filled through word-of-mouth, referral, and internal promotion.
The standard recruitment process is costly for a business/organization. It is an onerous process of writing and posting the job posting, reviewing applications, coordinating interview panelists and candidates, debriefing and checking references, and negotiating the job offer.
The recruitment process can also include a multi-step process of an initial phone (screening) interview and two to three subsequent interviews depending on the company’s procedures, the level and type of position.
As a result, an employer often tries to hire internally or through referral by casting their net out to their community/network, before recruiting publicly. Remember—people hire people who they know and trust.
If you ask around you might be surprised to discover how many people obtained their positions through this door.
The hidden job market exists and is active, if it's not on your radar, strongly consider expanding your purview. We advocate for developing your connections/network because we know this is an effective way to obtain work and progress in your career. The Discovering Connections Unit pertains to building your community, which is a precursor to targeting an application to the hidden job market.