Archive for Job Searches

Adjust Your Strategy for Your Online Job Search

Adjust Your Strategy for Your Online Job Search by Theodore HendersonThe unemployment rate is between 9 and 10 percent and whether you are employed or unemployed you should be part of the growing number of people are who search the Web for work opportunities. However if you are restricting your surfing mainly to one or two of the big job boards like Monster.com are facing a steep climb. Follow some of the following steps for improved results. 

Your strategy must be to cast an intelligently constructed wide net.  For example, personal referrals are the best way to gain entrance to a company or to stay abreast of specific company specific opportunities.  The next best company specific opportunity source are the company Web sites, according to CareerXroads which says that the top 3 sources of hiring in 2010 are Referrals 26.7%, Career Sites 22.3%, and Job Boards 13.2%. No other source breaks 7%, which includes College Recruiting, Print, Career Fairs, etc.  The message here is if the professionals say this is how you get hired then don’t fight the changing tide.  Ten to fifteen years ago only employee referrals were in the top three.  Times have changed. 

For job hunters casting a wide net I recently came across LinkUp.com, which aggregates postings from company sites only—and more importantly updates them automatically saving you valuable time by not applying to closed positions.  Many companies also allow seekers to sign up for extra services; employers like the accounting firm Deloitte send out e-mail job alerts and offer an online RSS feed that provides real-time updates directly from their sites.  Being in the know for potential opportunities has never been easier. 

Even though I still come across many professional job seekers who don’t have a proper LinkedIn profile they do understand the importance of the site in an online job search strategy. But it doesn’t stop there as a growing number of employers are also diligently searching for hires on traditionally nonprofessional sites such as Twitter and Facebook, where they can also take advantage of the added benefit of posting jobs for free. Another positive unintended consequence is that by keeping in touch with friends employers are now trying to mine their employees’ personal networks for talent by adding tools that allow them to post listings to their own social-networking pages. Why?  Smart, intelligent, hardworking, and successful people tend to know others like themselves. 

Smart entrepreneurs know they need to understand their target market or niche and then service it.  The job search is no different utilizing job boards that target specific niches or industries are a good use of your time. One such site is InternetInc.com, which compiles a list of boards by career field, is one place to get a sense of the niche options. I don’t recommend pay-for-use job boards unless you can be guaranteed specific results.  There are plenty of excellent free sources such as the ones mentioned here you should not need to use a pay service.  If you are going to pay for a service better to use a career coaching service such as the Five O’clock Club which offer high quality career coaching and career management services at reasonable prices.

Job Search and Unemployment Update – Tax Tips

Unemployment Compensation is Considered Taxable Income

Did you know that already?  Any compensation you have received due to job loss, layoffs, or just because a company went out of business and had to let staff go, are absolutely considered taxable income. However in recognition of the troubled times we live in The American Recovery and Reinvestment Act of 2009 (or Stimulus) allows for the first $2400 of any 2009 unemployment benefits to be non-taxable. 

If you are married, filing jointly, and you both have received unemployment compensation for 2009, then each spouse may deduct the $2400, for a total deduction of $4800, from his or her reported unemployment income. The IRS provides a Form 1099-G, which will show exactly how much unemployment compensation, was received in 2009. If using eFile, the software will automatically subtract $2400 from the 1099-G form making it no problem to track.

Visit this site for the most up to date info. 

Separation Pay and COBRA Health Insurance Coverage

Any severance or separation compensation is also taxable income as well as any amounts paid for unused vacation or accumulated sick leave. Make life easy on yourself if you are going to be in a position to receive this type of income prearrange for your employer to withhold a sufficient amount to cover any taxes.

Federal law known as COBRA requires former employers to provide the opportunity to be covered under their policy for up to 15 months after you have left the company. There is a drawback in that the entire premium must be paid, which, no doubt, will be expensive.

An alternative could be to set up a health savings account rather than pay those expensive premiums. My recommendation is to check with a qualified tax professional or CPA to evaluate your particular situation.

Visit this site for additional detail and up to date info.

 Allowable Job Search Deductions 

If you were looking are looking for work some deductible expenses are printing costs, travel expenses related to the search, and even expenses incurred from networking. These can be used as allowable deductions even if a person is presently employed while conducting a job search.

Visit this site for additional detail and up to date info. 

For additional information go to http://www.irs.gov/ and look up Unemployment Compensation and the other topics discussed here for additional detail.

Social Media and Job Search Tips

by Theodor e Henderson

Here are some quick tips, tools and reminders for your job search.  If you don’t need them please pass on to those that do. 

Tweetmyjobs – Get new job postings immediately sent to you via Twitter! Click here for more information.

 The primary advantage here is you could be talking to the employer or recruiter within seconds of a job posting!  No more waiting until you get home and turn on your computer.  The second advantage is that only recruiters and companies posting jobs payfor the service.  Those who are searching for employment access the system for free.

Not sure how to user Twitter?  Go to twitter.com and follow the easy instructions to get your profile set up. Twitter is a free service for computer and cell phone users.  You can send 140 character text messages from whomever you are connected to and conversely you may send messages to people you or organizations you are connected with.

Crossroads Career Network - Find Local Career Groups – Search 100+ locations in 20+ states for career groups, networking, workshops, coaching.

Career Crossroads Network

 

Job Boards and Search Engines - Use them where possible to supplement you job search.

  • Job Board Reviews
  • Simply Hired - The webs largest job board where you can search by category.  I like this one because after you put in your criteria it cruises the webs other sites for jobs and delivers the results to you.

Social Networking Sites

If you have not created your professional profile on Facebook and Twitter, you really should consider doing so. Using these two sites greatly increases your chances of finding and communicating directly to employers.  I do caution you to use discretion and common sense on these sites though. Keep it courteous and above all, professional. Avoid adding games and junk applications to your Facebook profile. Prospective employers do not want to have to scroll through junk posts from Mafia Wars or Farmville to get a sense of who you are and what you bring to the table.

Personal Research

  • Be clear about what you are looking for.
  • Research job posting and understand what the hiring companies are looking for.
  • Customize your resume and cover letter to be in line with what the posted job description is.

Remember up to 75% of all jobs are found through networking, BUT don’t spend any more that 15% – 20% of your time doing it if possible.  Get out of the house and network at associations, conference, etc., as this dramatically increases your ability to connect with and impress a potential employer.

Other Tips

  • Use a quality resume service if you can afford it. If you are comfortable crafting your own resume, be certain to have other people review it. Check for punctuation and spelling errors. Make sure the formatting is consistent and above all, make sure your resume lets the prospective employer know what the benefit to them would be if they brought you onboard. Make sure your skills, hard and soft are listed. 
  • Consider hiring an Image Consultant. If you just cannot afford the expense at this time, ask a trusted friend to go through your professional wardrobe with you and go shopping with you.
  • Invest in appropriate business and business casual clothing. If you are a woman, make sure that your wardrobe includes clothing that has appropriate colors, as well as professional neck and hem lines. Leave the flashy purse and jangling jewlery at home and dress professionally. Also, go light on the heavy perfumes and scents.

Final Thoughts

Network, network, network! Attend industry events and conferences especially if they are free.  If the cost is too great contact the organization managing the event and see if there are any volunteer opportunities. Find out if there is a “bring-a-friend” discount. Use your imagination and ingenuity to get where you need to be.

Stay tuned for future tips on searching for and keeping a job from  The Wisdom Compass .