Updated: Sep 26, 2020
Change The Way You Apply
Historically, resumes used to be little more than a formality. Their main purpose was to check and verify an applicant’s past positions and employment as a first stage of the application process.
Resumes are just becoming another piece of the puzzle
Over time, resumes became much more important to the hiring process at all companies, and could even make or break your chance at getting an interview. While resumes are still used today, they are gradually being phased out. Social media like our LinkedIn profiles are becoming more and more prominent, and resumes are just becoming another piece of the puzzle.
Only 14% of Positions Filled Via Job Boards
Hiring statistics state that over 40% of jobs are filled through referral programs, and 21% are through career sites. Only 14% of positions are filled through job boards.
By applying through a job board, applicants are wasting their valuable time by blindly competing against hundreds of other resumes.
However, more than 40% of applicants use job boards as their main platform for searching for a job. By applying through a job board, applicants are wasting their valuable time by blindly competing against hundreds of other resumes.
Instead of floating your resume out there and hoping for a response, follow this rule instead to guarantee better results.
The 10-40-50 Rule
It is called the 10-40-50 rule, and it helps you allocate your time during the job search process to areas that will help you be the most productive.
10% updating resume and LinkedIn profile 40% research & prep 50% networking
It states that you should spend 10% of your time updating your resume and LinkedIn profile, 40% actually researching the company and preparing for an interview, and 50% networking with recruiters. By aligning your time with what recruiters value the most, you can drastically improve your chances of getting an interview and landing your dream job.