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#JobSearch : How Many Jobs Should You Apply For To Land An Offer In 2023? Think More you Apply, the Better your Chances? Wrong!

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You’ve just been laid off, or informed that your role has the likelihood of being eliminated, and you’ve started resuming the job hunt after being out of the game for several years. It’s natural to panic and start applying randomly to every role that appears in the job board results page. But is there a limit to how many jobs you should apply for? How many job applications should you reasonably send to receive the highest chance of landing an offer?

Latest data from the U.S. Bureau of Labor Statistics reveals that jobseekers who apply for 21 to 80 jobs have about a 30% chance of receiving a job offer. Paradoxically, it was found that candidates who apply for more than 81 jobs reduce their prospects, with a 20% chance of receiving an offer, according to job research website Zippia.

Therefore, applying for too many jobs can be self-defeating, because although it appears that you’re exposing yourself to more opportunities, it actually may diminish your chances of being hired.

Here are a few reasons why applying for hundreds of jobs, also known as “panic-applying,” is an ineffective job search strategy:

If you apply to hundreds of jobs, especially within a short space of time such as two or three months, there’s a high probability that you have merely skimmed through applications, clicked the “easy apply” button, and not been able to give each one intensive, quality, tailored effort. Keeping your gaze fixed on the number of applications as though it were a numbers game is misleading because the more you apply for, the more you reduce the quality and energy you put into your applications, and the less you are able to sell yourself to employers.

 

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Article continued …

Destroys Your Mental Health

Applying for roles in panic-apply mode ruins your mental health. Due to the sheer number of low-quality applications you’re sending, you can be sure to expect a significant rejection rate via rejection emails and even ghosting, comparable in proportion to the number of applications you’ve sent out. This can cause depression, stress, and anxiety, as you notice that the harder you try, the deeper you sink into the quicksand of unemployment. Receiving a large number of rejection emails in quick succession can injure your self-esteem and confidence, and makes it harder for you to have the energy to project a strong personal brand image to the next employer.

80% Of Job Offers Come Through With Networking

According to Zippia, 80% of hires come through networking, not scouring through job boards. Recent estimates also show that 70% of jobs are not posted on widely used job sites, while Deloitte reveals that “individuals will need to find others who can help them get better faster—small workgroups, organizations, and broader and more diverse social networks.” Therefore it makes more sense to focus on building the quality of your applications and network instead of the mere quantity of applications.

Instead of applying for hundreds of roles, try these job-search tactics instead:

Build your personal brand on LinkedIn

Focus on completing your LinkedIn profile and establishing yourself as a sought-after candidate on LinkedIn. Make your profile tell and show your career story, and contribute meaningful insights relevant to your expertise and desired role. Engage meaningfully with others’ posts and add significant value through your presence on the platform.

Add quality connections to your network

In both your LinkedIn network and in everyday life, seek quality connections who can add value to your career. Connect and build relationships with head-hunters, recruiters, and most importantly, key decision-makers who work in or supervise roles that you wish to apply for, ideally at your desired employers. Word of mouth goes a long way, and these people might be the very ones who throw in a recommendation for you or suggest newly created roles at their organization.

Tap into your existing network

It’s likely that you already have a database of valuable connections you can already tap into, such as friends, family members, college classmates, and even ex-colleagues or previous stakeholders. Ex-colleagues are particularly beneficial as they have already worked with you in a professional setting, so will tend to have a less biased approach than your family or friends, and will be able to recommend you to others based on actual facts rather than character assumptions. Also since they most likely still work in the same or similar industry, they will have access to their own network of business partners or employers whom they can connect you with.

Invest in quality

Take time to focus on meticulously tailoring every detail of your application, from the research you do into each company, to the keywords you insert throughout your resume, to the examples you provide to support your application. You may only be able to apply for one or two roles a week, but this is more beneficial and laser-focused than applying to several hundred within the same period.

Ultimately, applying for hundreds of jobs is proven to be ineffective and is wasting your precious time. The golden range of 21 to 80 as cited in Zippia’s study is not about numbers; it’s about quality over numbers. Invest your energy and effort into improving your two important assets: your network and your portfolio of application documents. Remember, the success of your search isn’t dependent on volume. Less is more.

Forbes.com | October 22, 2023

 

#BestofFSCBlog : Over 5K Reads! Career Experts Offer Advice For People Who Are Worried About Layoffs. Tons of Expert Links/Articles. A MUst REad for ALL!

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There was a huge pent-up demand for workers once the economy reopened, along with a surge in spending as people left their homes to dine out, shop in stores, attend events and travel.

An influx of companies is announcing layoffs and downsizing. The rationale for the decisions is due, in part, to economic and geopolitical events.

 

The stock market boomed and everything looked rosy. Rising inflation, supply chain disruptions, the cost of everything increasing and threats of an escalation in the Russia and Ukraine war have struck fear in the hearts of corporate executives.

They started to think that perhaps they were too exuberant in their hiring and now feel the need to tap on the breaks, hold off on hiring and consider some layoffs to conserve capital.

This may all turn around soon for the better. However, if there are more layoffs and job freezes, here’s some advice from career experts on what people can do to be prepared for quickly engaging in a job search.

 

Great Tips to prepare for Job Layoff or Transition:

  • Immediately begin to prepare.

  • Know your transferable skills and your unique, differential advantage. Only here do you find true job security.

  • Update your résumé with quantifiable, measurable benefits accomplished in the past 18 months.

  • Refresh your LinkedIn profile capturing all of your upskilling, certificates and accomplishments. Make sure it’s complete and robust.

  • Join LinkedIn groups and participate.

  • Network. Network. Network.

I was recently told of a company president who bragged that 60% of their workforce were now contractors. This [was] after shrinking the workforce by thousands over time. He then went on to boast about the significant amount of healthcare dollars, benefits and other company savings.

His remaining employees now live in fear daily because of their new rolling layoff policy. At any time on any day, HR can show up at your cube, escort you to a conference room and let you go. No warning, personal improvement plan or feedback and little recourse.

We will all lose our jobs at some point in our careers……….. Bottom Line: Always Be Prepared.

Sweta Regmi, CEO And Career Consultant, Teachndo

This is how it starts. First, there will be a freeze, then a salary-raise freeze during a performance review, then no yearly bonus, then eventually layoffs. I have been there.

Some companies will do [temporary] layoffs, should you wait? This is the time to lay off people who are not part of the tribe. Management issues, those who are change-resistant and those who speak up will be targeted. If you are paid a high salary, you are an easy target too.

Listen to water-cooler talks. Rumor mills might be true. There may be constructive dismissal. Do not sign any new job description because it will forfeit the previous responsibilities.

Proximity bias is real [and] face time is in dire need. Taking on extra tasks is a strategy to stick around, but be mindful of work-life balance. Anyone can go from office pet to threat. Keep an eye out!

Start reactivating relationships with people who left. Transfer all your reviews and documents to personal emails, including the job offer you have signed, if severance is not paid properly. Lawyers need to see job offers.

 

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What Skill Sets Do You have to be ‘Sharpened’ ?

Did you know?  First Sun Consulting, LLc (FSC) is celebrating over 30 years in the delivery of corporate & individual outplacement services & programs to over 1200 of our corporate clients in the U.S., Canada, UK, & Mexico!  

We here at FSC want to thank each of corporate partners in the opportunity in serving & moving each of their transitioning employee(s) rapidly toward employment !

 

Article continued …

Erica Reckamp, Executive Résumé Writer And Job Search Consultant, Job Search Like A Pro

We’re headed for leaner staff in Q3 and Q4.

 

  • I’ve already seen rumblings in the C-suite and the inevitable fallout after a favored leader exits.
  • Recession is likely on the horizon, as the cycle of requests for wage increases, subsequent price increases and inflation needs to stop somewhere.
  • Companies unable to hire shift funding to automation over payroll.

 

It’s happening.

What can professionals do?

  • Up the visibility of your contributions (self-advocate, show up, chip in).
  • Build skills through online credentialing platforms or free coursework.
  • Strengthen your career collateral (résumé, LinkedIn, profile, bios, letters).
  • Consider a content strategy or social proof (LinkedIn, conferences, publishing, etc.)
  • Engage with your network! Start spreading some goodwill, as it will be needed whether a layoff hits you or someone else in your network

 

Virginia Franco, Executive Storyteller, LinkedIn And Résumé Writer, Cofounder, Job Search Journey

I’m starting to see signs that the job-a-palooza party might be coming to an end. Now’s the time to get your career marketing collateral together, shore up your network and make sure you have closed the skills gap for any roles of interest should you be worried your job is at risk.

Ed Han, Senior Recruiter, Cenlar FSB

I suspect that when such high-profile employers, like Meta, Amazon, and Uber, institute freezes, even employers who are feeling confident start to wonder if those shops know something they don’t and produce a ripple effect.

But even if so, this doesn’t mean that no employer is hiring. Even in a down market, someone is making money, after all. And this goes to the importance of job seekers building a target list of preferred employers. Go after what you want, instead of simply spraying and praying.

Marti Konstant, Keynote Speaker And Author, Activate Your Agile Career: How Responding To Change Will Inspire Your Life’s Work

There is another underlying trend that impacts the numbers. The alternative workforce, which includes freelancers, gig workers, contract and consultants, is now between 40% and 50%. This enables companies to still stay current and relevant, yet have the best available talent.

Adrienne Tom, Executive Résumé Writer And Job Search Strategist, Career Impressions

Unfortunately, what goes up almost always comes down. Now is the time to get ready. Don’t wait for the layoffs or cutbacks to be announced before putting a plan in place and getting your career tools prepared.

I don’t recommend moving or changing jobs if you like where you are, but be ready for the possibility that you may have to execute a search suddenly. It’s wise to always be ready—and always have a career management plan in place—but even more so if you are hearing rumors or feel uncertain in your current company.

David Lee, Career Coach, Heart At Work-Career Counseling And Outplacement

This upcoming shift is a great reminder of why it’s so important to ‘dig your well before you’re thirsty,’ to quote the Harvey Mackay book from around the time of the dot-com bust, and connecting with your network and seeing how you can be helpful to others versus only reaching out when you need something from them.

Rebecca Bosl, Career Coach And Executive Résumé Writer, Dream Life Team

The ‘music is still going’ and use this time to do all the things you need to do to land a job fast now. Build your network [and] refine your career marketing materials.

If you are sitting on the sidelines, get back in the game now before the hiring freezes and layoffs start.

Sonal Bahl, Founder And Career Strategist, SuperCharge

Push the digits. Go through your address book and send around 20 to 30 emails per day to people that include friends, ex-colleagues, former headhunters you worked with, parents you chat with at the morning school drop off…basically anyone who knows your first name and can recognize your face in a police line. And use these exact words (adapt for style):

Hi [Insert Recipient’s Name],

I hope all is well! Not sure if you know, my employer [Company Name] is going through a massive reorganization, and unfortunately my position, along with hundreds of others, is likely being made redundant. So, I’ve recently started to look for a new challenge in the [your desired field] field and am reaching out to you to ask for your help with any leads or contacts. I am looking for a [your desired level and role] position in or near [Desired Location]. I am also open to an in-house opportunity for the right company and role. If you know of any job opportunities or leads that you might be able to share with me, please send them my way, it would really mean a lot to me. Below, I have included a list of my dream companies. I have also attached my résumé for your reference, and feel free to pass it along. Thanks in advance for your help! I hope you all are doing well and hope to catch up with you soon. Take care!

Warm regards,

[Insert Your Name]

Those who care will respond immediately, and you’ll also find out who your real friends are! A one-liner follow-up from those you don’t hear back from would help too. Now, if you have dug your well before you’re thirsty, there will be plenty of fresh drinking water (opportunities) in your well (network). If you haven’t, outreach, outreach, outreach. No panic, just taking action.

Forbes.com Author:  Jack Kelly Follow me on Twitter or LinkedIn. Check out my website or some of my other work here.

Forbes.com | May 12, 2022