I've just been made redundant! Is now a waste of time to job hunt?
Obviously job openings have crashed, and many interviews that were about to take place have been postponed or cancelled. However personally I think any time is a good time to get your CV in front of prospective employers by hitting the ‘hidden job market’. It is estimated that only 25 percent of vacant jobs are advertised, however you can find out about these ‘hidden’ job openings by reaching out to decision makers directly via the telephone or email. Make a list of key companies you would like to work for and approach them directly. Or take your pick of the top firms in your field of interest and contact them. This approach to job-hunting is called ‘cold calling’ and it puts candidates in the driving seat.
I recently had a person email me out of the blue in regards to any job openings we had available. I had three days earlier accepted the resignation of one of my team members, but had not got to the point of looking for anyone, so this person got an interview. Within one day I had enough information to make her a formal job offer, and she started a week later.
The only caveat to this is to remember that managers are also under a large amount of stress at present, so always approach people with a high degree of respect and sensitivity.
What should I do to get into the job market after being made redundant?
Being made redundant is horrible at the best of times, however it’s a lot worse at the moment in terms of stress and concern. Therefore is vital to:
- Not panic – Don’t freak out, and try and be rational about what you are facing. We will all get through this in the end, however it is now a good time to re-do your budget, and put your hand up for government support, mortgage relief etc.
- Get your CV looking great – Make sure you sell your achievements in your CV and tailor it to the role you are seeking. ‘Mirroring’ what the employer is after, presents you as a ‘solution’ to their ‘problem’. Remember your CV is your ‘brochure’, so it should make you stand out in the marketplace.
- Make your LinkedIn profile look great too – Opportunity can come in a wide range of ways, however many people have poor LinkedIn profiles, which is a turn-off for a potential employer.
- Have a positive mindset – Someone out there wants to employ you. It’s just a matter of being seen and getting your CV front of them.
- Get started – There is no time like the present. Apply for roles via job boards you feel match your skills. After you have done this, then hit the hidden job market and start to reach out to decision makers via LinkedIn etc.
Should I step down to a lower role in the meantime?
Obviously no one wants to do a role that is beneath their skills and background. However for many of us, we may need to become comfortable with a ‘lesser’ temporary role during the Covid19 crisis.
When I visited Norfolk Island many years ago on a cruise, it amazed me that normal business shut down, and the entire population of the island focused on tourism for the day. Bank managers sold tea towels and sales reps made coffee, all to capture the tourist dollar.
In some ways, this is a bit like what is happening here in NZ at the moment. Some of us may need to step down temporarily in regards to responsibility and salary, returning to their normal ‘career role’ when this is all a memory.
Will things get better?
Yes! The economy was strong and going well, up until Covid19 derailed everything. Once we are all out and about, I am confident the economy will quickly re-start allowing a positive time for job hunting and our economy.
I hope you gain some really good information from the above, and if you need any professional, CV LinkedIn or career coaching support, don’t hesitate to contact me direct on 021 9000 91 or email@example.com. I am also happy to give your CV a free assessment, so email it to me and we can talk.
God bless and stay safe! We will all get through this together.
Managing Director – CV.CO.NZ www.cv.co.nz