Executive Job Search Expert: Do Your Homework and Prepare for Every Step of your Executive Job Search
Here are 5 more of the 15 executive job search tips to help you with your executive job search and landing that next executive job more quickly.
11. Continue following up about every 30 days to check on the status of the job posting or with recruiters who may have new clients.
12. When you get your first interview, be it via phone or face-to-face, make sure you do your homework about the position, hiring authority, company, Â competitors, and ranking in the marketplace.
From a professional standpoint, I consider the primary goal of a phone interview to be getting asked in for a face-to-face interview. Once you’ve scored an interview, the process really starts.
13. Always remember, to follow up all interviews with an emailed or traditionally mailed thank-you letter.
14. When you receive an offer in hand, make sure you get it in writing.
Also be sure to request the same amount of vacation time and other benefits you have with your current employer or recent employer.
15. If a bonus is part of the compensation package, make sure you clarify it by asking, “What is the realistic bonus I can expect?”
Lately, many companies have not been paying bonuses like they did in the past. With any luck, the economy is turning around and you will soon begin to see some type of bonus associated with your new job.
The traditional rule of thumb used to be to expect an offer equal to your most recent salary. Unfortunately, this labor market is different from all other labor markets I have seen professionally over the past 23 years. In some ways, therefore, all bets are off. Welcome to “The New Economy.”
Nowadays, a better mantra is: “A bird in the hand is worth two in the bush.” In other words, if you like the job, you are going to be gainfully employed, and the commute is reasonable, take the job. If the compensation is not really what you want, so be it. In this tight labor market, it is better to be employed than unemployed.
Given this current labor market, it is not uncommon for people to not have seen any raises for three to four years, to be unemployed for 12 to 18 months, or to be willing to take 50% pay cuts to get back in the game. You need to be practical for the sake of both your career and your family.
Once you’ve accepted the position, if possible stay with it for a year. Then take time to re-evaluate the situation. As the economy improves, some companies may reward those employees who were realistic about the down business climate.
The labor market is improving. And along with it, national compensation levels will re-stabilize eventually. That will most likely take three to four years until we regain the market levels we saw prior to this deep recession that we’re slowly pulling out of.
CONCLUSION: If armed with the right job search strategy for their situation, I genuinely believe everyone can find a job. Perseverance, hard work, doing your homework, and great follow-up really makes the difference! Congratulations on a successful job search and getting closer to your new job!
The information I am sharing with you is from Chapter 1 in from The NEW Rules of Job Search – How to Land an Executive Job in the New Economy.
Have a great and productive day. I believe in you!
Take care,
Eleanor Anne Sweet
Executive Job Search Expert and Coach, tm.
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