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You’re out of work and need to get noticed by prospective networking contacts, recruiters and employers. Does publicizing that need, and your credentials, in a widely viewed public space (such as a LinkedIndiscussion) help or hurt your credibility as a job candidate?
Since eFinancialCareers News launched our LinkedIn group about a month ago, many unemployed professionals have opened discussions there, advertising their hunt for specific types of work. These reverse help-wanted ads run the gamut from a municipal bond salesman to a corporate treasury manager who doubles as a disc jockey.
In the obsessively discreet and hyper-competitive financial industry, where recruiters tout their ability to ferret out “passive candidates,” does laying your cards on the table like this amount to shooting yourself in the head?
Discretion Isn’t Out of Style
The stigma once attached to jobless candidates in finance has diminished in recent months, headhunters tell eFinancialCareers News. But it’s not entirely gone. So a degree of caution may still be wise when posting in public areas.
“In the sectors that I cover, it would not be particularly well regarded if you came across someone’s name on LinkedIn saying, ‘Hey, I’m looking,’” remarks Adam Zoia, managing partner of Glocap Search, a headhunter prominent in the alternative investments space.
When you post about yourself in a public area, you can’t control who sees it. Your jobless status thus is exposed to recruiters, prospective employers, colleagues, friends and peers who might be rivals for openings you will pursue later on. Even if you were a casualty of a mass layoff, Zoia says decision-makers may still suspect those let go weren’t the strongest performers in the downsized company or department.
Layoff Survivors Enjoy An Edge
When considering a candidate who was laid off, Zoia says, “I have to be really convinced that either the whole group was cut out or else there was something pretty dramatic” that led...