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Week 4 The Hidden Job Market

Week 4 The Hidden Job Market

Q 1. Although estimates vary, it is suggested that 80% or more of the job openings that exist are in the hidden job market. What is the difference between the published job market and the hidden job market? What techniques would you usually use to access the published job market? What techniques would you use to access the hidden job market? 2. And, if you are already a professional in your field and do not intend on seeking a different opportunity within the next 5 years, how might being aware of the hidden job market be of value to you? Additionally, many of you may be in a position to hire employees (or will be in the future). That noted, how might knowing about the hidden job market impact your strategy to recruit and hire qualified candidates?

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In case of published job market, there are jobs posted online with clear details about job responsibilities/roles. Therefore, candidates can get to know whether the job roles/responsibilities are suitable for their profiles or not. There can also be knowledge gained about the salaries for working in the job positions. However, in case of hidden job market, there will not be any idea whether there is vacancy in a specific job position in an organization or not. This is because there will not be anything published online.