It’s the Holiday Season – The best time for a job search

With Thanksgiving behind us and only five weeks left in the year we traditionally see a dramatic slowdown in the amount of resumes we receive.   The conventional wisdom is that there are fewer openings during the holiday season and it is better to wait until the New Year to resume your job search and contact recruitment agencies.

As is the case with much of the conventional “wisdom” this couldn’t be farther from the truth.  The truth is that the holiday season is one of the better times for your job search – particularly with consulting and recruitment agencies.   Here are some reasons why:

  • It is not that slow – There are all sorts of surprises that happen at the end of the year that have recruiters filling Wall Street jobs scrambling for candidates.  In particular, there is an increase in yearend project management and accounting jobs that can be challenging to fill.  Being in front of recruiters for these consulting jobs will give you a head start.
  • All about the face time – Because people generally hold back on their job search in December you have much better chances at getting your resume noticed and forming relationships with recruiters.  We all know that having a good resume is not enough in today’s job market.  Candidates need to be the first person recruiters think of when a job comes in – that way your resume will go in front of managers before a job gets posted.  So if you are looking for financial jobs, now is the time to focus on reaching out to recruitment agencies and creating relationships with recruiters.
  • Scarcity makes you look good – Recruiters and hiring managers get desperate when they don’t have sufficient candidates for an opening.  We have all been in scenarios where a time crunch influenced our decisions, causing us to make something look better than it would have in times of plenty.  Use this mentality to your advantage.  This doesn’t mean that you will be considered for jobs you are not qualified for during the holidays – just that your resume is more likely to get noticed amongst a limited pool of candidates.

All in all, you can make quite a bit of progress with your job search between now and the end of the year. Use the time well to expand your network and create relationships with recruiters.

Peter Laughter
Wall Street Services