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The Best Job Market in a Generation

I am so excited! This year – 2019 – is set to be a record year for job searching. If I could knock on the door of every reader to personally deliver this message, I would. This message deserves to be yelled from rooftops everywhere. If you have ever thought of looking for a new job, now is the time to do it. Right now. Not in six months. Not next year. Now.

Andrew Chamberlain, the Chief Economist from Glassdoor summed it up best when he shared that, “this is the best job market we have seen in an entire generation.” This is the time to negotiate for more money. It’s the time to ask for better benefits. And, it’s the time to wait to find a job that fits your life.

I could not agree more! We haven’t seen a job market like this since before I graduated from college. For years, the market has been dicey. But now, the unemployment rate is incredibly low, and there’s a shortage for skills in cities across the country.

When the market first turned in favor of the job seeker, it was hard to feel the benefits. Hiring managers were still being overly specific in job postings. They were still highly critical of candidates. But, it seems this trend is changing. Hiring managers have had unfilled job postings open for months. They’ve been burned by candidates who “ghost” them by not showing up to work on the first day. They’re starting to wake up to the reality that the job seeker is in the driver’s seat once again.

But, don’t delay. Don’t take this moment for granted. There is a reasonable chance that a recession could be around the next corner. Any economic slowdown will certainly change the dynamics of today’s great job market. Chamberlain predicts that the odds of a recession are 15 percent in 2019, and 35 percent in 2020.

And, this prediction makes sense. Big companies are already starting to feel the economic slowdown. For example, FedEx announced in December that they will offer an employee buyout program. Eligible employees will receive four weeks of pay for every year of service, up to two-years of pay. This move is expected to save the Memphis-based logistics company over $200 million in 2020.

If you’re as excited as I am, don’t wait. Start by revising your resume today. Then, update your LinkedIn profile and begin monitoring the site (and Indeed.com and Glassdoor) for the latest jobs – daily. Research your current market value. If you’ve been stuck in one company for years, you may be surprised to know that your value has gone up quite a bit since the last time that you looked. And, luckily, fewer companies are asking your current salary. Instead, they’re asking how much you want to make in the future.

Take advantage of the special moment in time, and create a new future for yourself.

I hope these tips have helped you. Visit CopelandCoaching.com to find more tips to improve your job search. If I can be of assistance to you, don’t hesitate to reach out to me here.

Also, be sure to subscribe to my Copeland Coaching Podcast on Apple Podcasts or Stitcher where I discuss career advice every Tuesday! If you’ve already heard the podcast and enjoy it, please consider leaving a review in iTunes or Stitcher.

Happy hunting!

Angela Copeland
@CopelandCoach

 

Time to Start on Your New Year’s Resolution

Happy 2019! I think we can all agree that 2018 was a tricky year. But, it’s time to start fresh. It’s time to refocus on an awesome New Year’s resolution: finding a new job. And, it’s the perfect time. Unemployment is at a record low. Jobs are being added. For the first time in a long time, it’s a job seeker’s market.

So, let’s get to it. The first place to start is your resume and cover letter. These will be crucial to your job search success. Combine all of your accomplishments into a one or two page document. Go through the details carefully. Review it many times and ask friends to proofread. Then, move on to your LinkedIn profile.

Once you have your materials together, it’s time to run with your search. First and foremost, you have to get into the right mindset. Job searching is a numbers game. You’ve got to start with volume. Set a goal and stick to it. A great goal to start with is ten job applications per week.

You’re not going to hear back from every one. In fact, you may only hear back from ten percent (or less). You must prepare yourself for this and be determined to keep going, even when it seems that you’re getting nowhere. Trust that the process takes time. If you keep putting in an effort, it’s going to come back to you. Keep going.

To increase your chances of hearing back, don’t just apply online. Apply online. Then, email the hiring manager. This person is the one who will be your future boss. They aren’t typically all that hard to find. You can search on LinkedIn for the company you want to work for. Then, you can look through the employees who work there. You can even sort by location and title. Once you’ve located your future boss, send them a copy of your cover letter and your resume.

Just remember, you won’t hear back from them every time either. Don’t take it personal. Just keep applying. Apply like it’s your job. Focus on the positive wins. Be happy every time you get an interview, rather than focusing on every time you get a rejection email. You have no idea why you’ve been rejected. It’s possible nobody was hired. It’s possible they had an inside candidate who was preselected. Don’t focus on this. Keep moving.

Applying for jobs is an imperfect process. It’s like trying to win a bear at a carnival. The game could be rigged. There could be outside factors impacting you that you don’t know about. Keep playing and shooting and hoping for the bear. But, if you don’t win, don’t let it ruin the experience.

And, don’t take it personally. The job search is an imperfect process that doesn’t necessarily reflect on your abilities. Get going on your search, so we can start 2019 off strong!

I hope these tips have helped you. Visit CopelandCoaching.com to find more tips to improve your job search. If I can be of assistance to you, don’t hesitate to reach out to me here.

Also, be sure to subscribe to my Copeland Coaching Podcast on Apple Podcasts or Stitcher where I discuss career advice every Tuesday! If you’ve already heard the podcast and enjoy it, please consider leaving a review in iTunes or Stitcher.

Happy hunting!

Angela Copeland
@CopelandCoach

 

183 | LinkedIn & Job Searching | Dan Shapero, Dan is the Vice President of Talent Solutions, Careers & Learning at LinkedIn

Episode 183 is live! This week, we talk with Dan Shapero in Anaheim, California.

Dan is the Vice President of Talent Solutions, Careers & Learning at LinkedIn.

On today’s episode, Dan shares:

  • Exciting news about LinkedIn’s acquisition of employee engagement platform Glint and what it could mean for your workplace
  • Tips on using LinkedIn when you’re a job seeker
  • An answer to the important question: Should you accept connection requests from people you don’t know on LinkedIn

Listen and learn more! You can play the podcast here, or download it on Apple Podcasts or Stitcher.

To learn more about LinkedIn and Dan’s work, check out the LinkedIn website: https://www.linkedin.com.

Thank YOU for listening! If you’ve enjoyed the show today, don’t forget to help me out. Subscribe on Apple Podcasts! When you subscribe, it helps to make the show easier for other job seekers to find the show!

Indeed Unveils New Products for 2018

I recently had the opportunity to attend Indeed Interactive, in Austin, Texas. Indeed.com is the world’s largest job website. It’s like the Google of job searches. Indeed Interactive is the annual conference where thousands of human resources professionals come together to learn about the latest updates to the website and to job seeking this year.

Indeed’s biggest announcement for 2018 was Indeed Assessments. In short, it will allow employers to add testing to their hiring process. So, in addition your application, resume, and job interviews, you may also be asked to take a quiz at some point along the way.

This testing technology was born out of a 2017 acquisition of a company called Interviewed. The technology can be used to screen candidates for a number of different jobs and departments, from technology to sales and customer service.

The purpose of the assessments is to try to make the hiring process more fair. Raj Mukherjee, SVP of Product at Indeed said, “Assessments helps to democratize hiring by giving job seekers an equal opportunity to showcase their qualifications when applying for jobs, so they are able to find the right opportunities faster and easier.”

This logic makes sense. When it comes to jobs, that’s one of the top goals of the internet: to level the playing field of hiring a bit. Never before have we had so much information at our finger tips. Job seekers can find out just how much companies are paying. They can look at employer reviews before they ever step in the door. And, they can connect with company employees through various networking websites.

In fact, Indeed also expanded their company pages this year. Job seekers will now be able to learn more about their prospective employers before applying. Paul Wolfe, SVP of Human Resources at Indeed shared that, “online company reviews are second only to salary information when considering a job offer.” It’s also important to note that Indeed does not allow companies to edit their reviews – even the negative ones. This helps you to ensure that you’re getting the honest scoop on the company before you decide whether or not you want to work there.

Hiring is a complex process. The decision to hire you is typically based on a number of factors, including the content of your resume, how well you interview, and now, how well you’re able to showcase your skills on an exam.

But, as you’re searching, you should remember this. Job searching is a two way street. It’s great for a company to want to hire you for a particular role. But, the job should be right for you too. While the company is evaluating you through job interviews and assessments, evaluate them right back through online company reviews and pay data. The very best fit is one that works well for both sides. Lining up the interests of both sides is part of searching for greatness.

Angela Copeland, a career coach and founder of Copeland Coaching, can be reached at copelandcoaching.com.

169 | Indeed 2018 Product Update | Raj Mukherjee, SVP of Product at Indeed.com, San Francisco, CA

Episode 169 is live! This week, we talk with Raj Mukherjee in Austin, TX.

Raj is the Senior Vice President of Product at the world’s number one job website: Indeed.com.

I interviewed Raj last year about the latest Indeed products, and I’m so excited for you to learn what’s new at Indeed in 2018.

On today’s episode, Raj shares:

  • What you need to know about your privacy on Indeed.com (in other words, your boss won’t know you’re looking!)
  • The scoop on Indeed’s new skills based screening platform
  • What Indeed Prime is and why you should try it
  • How the enhanced company profile on Indeed may help with your job search
  • Thoughts on the future of remote work

Listen and learn more! You can play the podcast here, or download it on Apple Podcasts or Stitcher.

To learn more about Raj’s work, visit Indeed at www.indeed.com. You can also follow Raj on Twitter at @rajatism. And, you can check out Indeed Prime here: https://prime.indeed.com/refer/c-xuoiAJQ 

Thanks to everyone for listening! Don’t forget to help me out. Subscribe on Apple Podcasts and leave me a review!

Job Search Site Glassdoor Sold to Recruit Holdings for $1.2 B

Today is truly a historic day in the world of job seeking! Job search giant Glassdoor.com has just announced that they have been sold to Recruit Holdings for $1.2 B.

Glassdoor CEO Robert Hohman announced the deal in a tweet, stating, “Excited to announce Glassdoor is joining together with Recruit Holdings.”

Recruit Holdings is a large company based in Japan that primarily focuses on HR-related businesses. For example, they own a number of global staffing firms. But, the one company that’s already in their portfolio that you have definitely heard of is Indeed.com. Glassdoor is the world’s fastest growing job website, while Indeed is ranked as the largest.

Glassdoor and Recruit Holdings cite the following benefits that will come from the acquisition:

  • Enhance the ability to deliver better solutions to job seekers and employers over the long term

  • Expand further into the growing HR technology industry

  • Strengthen capabilities of their HR technology platform with one of the strongest brands in the industry

  • Brings an experienced and talented Glassdoor management team into Recruit

If you are like most job seekers, you probably don’t remember a time when Glassdoor wasn’t a household name. But, this iconic job website just got its start ten years ago – in June of 2008 – in Mill Valley, California. In this relatively short time, Glassdoor has helped to push the needle of transparency in the workplace – in terms of both pay and company ratings and reviews. They have also provided job seekers another resource for both applying online, and for researching the interview processes within companies.

The transparency created by sites like Glassdoor opens the doors for professionals on both sides of the hiring desk to have more frank and honest conversations about issues, such as equal pay.

Over the last ten years, Glassdoor has grown to now include visitors from more than 190 countries and 770,000 companies. They have participation from more than 160,000 companies — and have received more than 40 million company reviews from employees. This all adds up to 59 million unique visitors per month.

As you can imagine, this is some pretty big news for those job seekers looking for a new career. Glassdoor and Indeed are both incredible sites with unique strengths. It will be exciting to see what the two can create for the future, together.

For the full press release about the Glassdoor acquisition by Recruit Holdings, visit Glassdoor.com: https://www.glassdoor.com/press/new-chapter/

ABOUT THE AUTHOR

Angela Copeland is a Career Coach and Founder of her firm Copeland Coaching, and author of Breaking The Rules & Getting The Job. She also hosts the Copeland Coaching Podcast on Apple Podcasts. You can follow Copeland Coaching on Twitter, Facebook, and Instagram.