This is because you are competing with internal promotions and employee referrals, both of which jump ahead of you in candidate rankings. This is even after tailoring your resume, drafting a cover letter and filling out the detailed application perfectly. The industry has changed so much, so quickly that you now have less than a 4% chance of getting an interview through simply applying to job vacancies online. Now, social media and LinkedIn are disrupting the old resume-based talent acquisition model. Employers learned that culture fit is incredibly important and, with the high cost of finding replacements, looked for ways to determine fit before hiring an employee. The tremendous increase in applicants means potential employees need to do more (network for referrals, demonstrate culture fit) to stand out. ![]() The internet freed us from the geographic restrictions that existed when I was a kid.įast forward a decade and large employers needed to use application tracking systems to manage the hundreds of applications they receive online for every vacancy. ![]() Does that happen anymore? No – because the internet disrupted this method of talent acquisition by giving both employers and employees far greater access to opportunity. ![]() In the early 90s, you could apply for a job by visiting companies and filling out an application or providing a resume.
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