While
many rationalize that November/December may be a good time to halt the
executive job hunt, my many years of experience tell a very different
story. Below are seven solid reasons to red-line your search throughout
the holiday season:
1.
Many companies must spend the money in their budgets before the end of
the year. Hiring heats up in December because hiring managers are
trying to make deadlines to use allocated funds.
2.
Many companies know what their needs for the New Year will be, and
they are talking with prospects in November and December in an effort
to be sufficiently staffed up and ready for the New Year.
3.
Because many professionals stop job searching in November/December,
the market is much less competitive. Companies hire predicated on need,
not time of year.
4.
If you are thinking about a job change for the New Year,
November/December is a great time to lay the necessary foundation and/or
kick off your search. If you wait until January, the market will be
much more hectic.
5.
Three most popular New Year's resolutions: 1. Quit smoking. 2. Join
gym. 3. Rewrite résumé; look for better job. Thus, the job market
is chaos during the month of January. However, by February 1st,
cigarette sales are up, gyms are eerily empty and the job market is back
to normal. Unfortunately, you've lost another month in the process...
6.
Decision makers that are working during the holiday season may be more
accessible during the month of December. Things may have slowed down
around the company and management may be in a better position to speak
with you or at least, have a look at the résumé. Once January rolls
around, forget it!
7.
Search firms are motivated to place candidates before the end of
the year. Contingency recruiters are paid on commission. This commission
is based on fees their company earns for placing professionals. What
ably serves the December job seeker is that this commission rises based
on the overall yearly billing. One might start the year at 30% and
graduate to 60% by December. The catch is that it goes down to 30% again
Jan.1.
Happy Holiday Hunting!