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Success Rates

JobBait is faster and more successful than all other strategies combined, and takes less than 90 days for 85%. Traditional strategies take 10+ months.

The process is simple: Find the decision-makers most likely to hire you and send them a letter ... aka classic direct mail.

John Lucht recommends classic direct mail in Rites of Passage and on RiteSite.com: "Classic Direct Mail ... still the #1 way to reach the many decision-makers who might want to hire you" and the "only polite and practical way."    
       
Joyce Lain Kennedy, a well-respected syndicated career columnist for 40 years, gives direct mail "two thumbs up." 

CEOs and marketing executives KNOW how well this works.

   

Scroll down for networking, outplacement, recruiters, job boards and resume posting.

JobBait's Classic Direct Mail ... 85%

It takes about 3,000 letters (snail mail, with a stamp) per $100k in salary to achieve 85% odds of success in 90 days. This was calculated from statistical data, surveys, and hundreds of testimonials over a period of many years.

Here are two approaches:

  1. Saturation: Send 3,000 letters per $100k in salary all at once for 85% odds. If the industries and locations you're targeting are growing and robust, send less ... and if not, send more.
  2. Progressive: Send 1,000 or more letters every few weeks to the same mailing list until you land the job you want. Statistically, your response rates increase by an average of 2% each time. At a salary of $100k, you can achieve 85% odds by the third mailing.

With classic direct mail, you're accessing the unadvertised job market - 80% of the available jobs - and competition is minimal because so few people do it this way. You can get to decision-makers before the job is advertised and before it's sent to a recruiter. In fact, many of our clients have a job created for them where none existed before. Here's a quote: "I got the job by your classic direct mail program. I was the only candidate, wrote my own job description and provided the research for my salary. (smile)"

Networking ... 30%

Networking is the second best way to find a job behind classic direct mail. Although up to 70% of all executives find a job through networking at least once in their lifetime, your odds are AT BEST 30% for your NEXT job ... in the next 90 days ... if you work at it. 

A well-known six-figure job board with 10,000+ members proved it. They found that 37% of their members landed interviews through a combination of 3 strategies, including networking. And, their average member had been on board for 11 months. Networking (1 of their 3 strategies) is statistically less than 37%. Most would argue MUCH less. And it typically takes a few interviews to land a job, dropping this even further.  Our estimate of 30% in 90 days is VERY generous.

There are many networking sites to choose from. Here's a list of over 100. Some of the six-figure job boards shown below also have networking services. 

However, networking is a competitive job-search strategy that gives employers the most-qualified candidate at the lowest salary. That's because employers intentionally "leak" their job openings to the networking community where the news spreads like fire. This is after all in the employer's best interest.

Outplacement ... 25%

Outplacement firms don't tell you is that only 25% of their clients find a job in 90 days. Instead, they redefine success as learning how to network, interview and write a resume ... and they offer upscale offices and secretarial services ... but they never define success as actually finding a job. Some firms claim higher success rates, but look at the fine print - the time frame is "eventually," not "90 days."

Most displaced executives already know how to search for a job and can do it from home. They don't need an office, fax, Internet access and secretarial services. They also don't need a career map, interviewing techniques and training on how to find a job. What they need is a job!

Outplacement is now a commodity benefit, much like healthcare, farmed out to the lowest name-brand bidder ... which lowers the odds even more. In theory, your employer pays an outplacement firm to help you find a job. In reality, many employers use outplacement firms to do whatever it takes to make you go away and avoid litigation.

The standard fee for outplacement is 15% of an executive's salary.

Here's the interesting part: JobBait's services are 3 times more effective than outplacement at less than half the cost ... a 6 to 1 advantage for the job-seeker.

Recruiters .. 1%

Thousands of recruiters get thousands of resumes a year (some get thousands a month and a few get thousands a week). With so many resumes received, they can't possibly call everyone back. We called several large and small recruiting firms to check our 1% - and without exception, they all told us that 1% in 90 days is way too high.

About 80% of all retained searches for highly-compensated executives are managed by 7 firms: Korn/Ferry, Heidrick & Struggles, Spencer Stuart, Egon Zehnder, Boyden, Russell Reynolds and Christian & Timbers. For these 7 firms, you should visit their website and fill out their forms.

If you would like to email your resume to hundreds or thousands of recruiters, you would do well to start with: RiteSite for $94 (their recruiters are "100% retained") or ExecutiveAgent for $87 (their recruiters are "mostly retained"). Others who offer to email your resume to recruiters typically license their list from ExecutiveAgent and spin it differently to make it look better. Surprise!

Recruiters are paid about 30% of an executive's salary to give employers the most-qualified candidate at the lowest salary. Classic direct mail gives you a 30% advantage over those who use recruiters.

Job Boards ... 1%

In 2005 there were 33,000 job boards. In 2006 there were 40,000 job boards. In 2007 we stopped keeping track.

Here are a few six-figure boards to get you started, listed in the order we recommend: RiteSite, Netshare, ExecutiveRegistry, CareerJounal, ExecuNet, SixFigureJobs, TheLadders.

One of these six-figure job boards shows "all" success stories at just over 500 and they boast more than 1 million members. Do the math: that's 1/20th of 1%. CareerBuilder, in a CNN interview, said they help "over 1 million people in the United States find jobs each year" (that's 83,000 per month). They estimate 23 million people were looking for jobs on their site in January. Do the math: that's 1/3rd of 1%. For executives, the odds are much smaller.

Most executive job boards have solid privacy statements. However, one of them has two pages of warm, fuzzy text assuring you that your personal information is safe and secure. Then, about two-thirds of the way through they say: "In some instances in the future we may share your personal information with third party contractors for the sole purpose of mailing you promotional or educational materials." Surprise!

Job boards allow employers to get the most-qualified candidate at the lowest salary.

Resume Posting ... 1%

There are thousands of places to post your resume. Monster had 70 million resumes posted in early 2008 including more than 2 million executive resumes. With about 140 million employees in the United States workforce, the odds should be obvious. 1% in 90 days is way too high.

Before you post your resume, consider the potential consequences. You're exposing your personal information for the world to see (identity theft) and you WILL be contacted by "bottom feeders," aka ambulance chasers. Some bottom feeders do a bait and switch - telling you they have a job for you and then - oops, you don't fit - but conveniently, they have something to sell you that might help.

Resume posting allows employers to find the most-qualified candidate at the lowest salary.