If you’re still on the fence about whether networking plays an important role in executive job search, here are some new stats just published by ExecuNet.com:
ExecuNet conducted a survey of 697 search firms and HR professionals that revealed only 22% of $200K+ positions are now posted on job boards or corporate websites. (The figures were 30% in 2008 and 24% in 2009.) Ninety-two percent of 168 recruiters who were surveyed separately believe there is a robust hidden job market for executive level opportunities, and ExecuNet corroborates this by stating that almost 80% of opportunities at this level are not publicized via methods such as job sites.
I’m not suggesting here that you completely eliminate job boards and corporate websites from your plans, but be aware that if the above numbers are even close to being correct, it’s clear that looking for relationships rather than looking for jobs is a much more productive strategy.
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