Ten Job Hunting Myths
Looking for the perfect job? It probably won't fall in your lap. Search smart by avoiding these common misconceptions.
It's tough enough even finding a job, much less the perfect job. Misconceptions about job hunting, the working world and the entry-level employee's role can easily bog down a young professional's progress.
Improve your chances of finding your dream job. Don't get sucked into these ten common job-hunting myths:
1. Finding a job after college will be quick and easy
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
No matter the state of the economy, don't expect the job offers to come rolling in. Finding work may be a cinch for a select few, but for the vast majority, it will still take serious effort. The length of your hunt will depend on a variety of factors from where you live and your qualifications, to the amount of time you dedicate to your search and your interviewing and networking skills.
If it takes a while, don't get discouraged. The average job search lasts four months, according to outplacement experts. To make ends meet in the meantime, you may have to take a less glamorous (and lower-paying) gig. A few of my friends have worked in call centers, flipped burgers or cleaned toilets for a couple months after graduation -- just until they landed a job where they could use their degree.
2. The Internet is the best place to look for a job
"One of the most prevalent misconceptions in job hunting is that job hunting on the Web is some magic elixir that will result in employers lining up to interview you," says Randall Hansen, associate professor of marketing at Stetson University and publisher of Quintessential Careers.
While the Internet should probably make up one component of your search, says Hansen, it shouldn't be your only strategy. Only about 15% to 20% of all job openings are ever publicly advertised in any medium, and only about 5% of job seekers end up getting jobs through ads, Hansen says.
How does everyone else do it? Word of mouth.
"Networking is by far the most effective job-search tool you can use," Hansen says. When you're first starting out, you probably don't know many people in your field that can help in your job hunt, so this can present a challenge. But there are plenty of ways beginners can plug into the grapevine. For starters, check out the resources offered by your college alumni association, join a professional organization or club, or subscribe to a trade magazine. Also consider getting an internship, setting up informational interviews with experts in your field, or keeping in touch with college acquaintances in your major, especially those who may have graduated before you.
The Internet may not be a total bust. I found my first job out of college through an online journalism job board. But taking the time to weave a web of professional contacts could create more opportunities for you now and enhance your career options down the road.
[page break]
3. I'll make a fortune at my first job out of college
As graduation nears, you're probably fantasizing about the wads of money you'll make as a member of the working world -- and how you'll spend your new-found cash. The typical grad with a bachelor's degree and less than five years of experience makes $44,700. Not bad, but keep in mind that's the median salary. Half of all recent grads make less.
What you study in college can have a big impact on how much you earn after college. The best college majors for your career include fields of study such as nursing (starting salary: $51,100), computer science ($58,400) and finance ($47,700). Low-paying majors include art history ($36,400), social work ($33,100) and mass media ($34,400).
And remember, just because you earn a certain amount doesn't mean that's what you'll take home. A $40,000 annual salary is reduced by about one-quarter once federal, Social Security and Medicare taxes are taken out. That's not counting state taxes and any money you might have withheld from your paycheck for benefits.
4. There's no room for negotiation with an entry-level salary
With some jobs, this may very well be true. But most employers leave some wiggle room in their offers to new employees, even those that are fresh out of school. The bottom line: You won't know unless you ask.
Bargaining over a job offer shows your potential employer that you are discriminating about where you work. But that doesn't mean the sky is the limit. Let's face it, you have minimal -- if any -- real-world experience. And a prestigious alma mater doesn't entitle you to more pay. Employers care more about what you can do for them. Check a Web site such as PayScale.com to find out what your job is worth, and then negotiate around that figure, highlighting your unique skills and talents that you'll bring to the position. And don't say that your salary requirements are a deal breaker unless you mean it.
But even if there isn't any room for an increase in salary, consider negotiating your benefits such as vacation time, work hours, signing bonuses, starting date, relocation benefits, etc. Many college grads get so excited just to receive an offer that they accept the terms outright. But you don't want to find yourself a week later wondering if you could have gotten a better deal.
5. The person who gets hired is the one who can do the job best
If you've got the skills, you're a shoo-in. Right?
Not so, says Hansen. More often than not, it comes down to interviewing skills and your rapport with your interviewers. Your qualifications, education and experience will usually get you an interview, but then "you need to prove why you are the best person to fill the job."
Make a good first impression by showing up on time and looking clean and professional. Act confident but not cocky. Use concrete examples to illustrate your qualifications. Maintain eye contact and relax.
Before leaving the interview, make sure you find out how to follow up, says Carole Martin, interview coach and author of Boost Your Interview IQ. For example, she suggests asking your interviewer: "I'd like to stay in touch and follow up with you in a week or two to see how the process is going and where I stand. How do you prefer that I communicate with you -- e-mail or phone?" You'll want to show your continuing interest in the job without becoming a pest.
[page break]
6. A well-designed résumé will boost my chances of getting noticed
A snazzy resume may actually be a hindrance. Most employers accept resumes via email, but many won't open resume attachments either out of laziness or fear of contracting a computer virus. Your chance of getting noticed: zilch.
The solution: Create two copies of your résumé. The first one should be a simple version you can paste into the body of an e-mail -- sans formatting. That means no fancy fonts, bolds, italics, underlines or special characters. Keep each line under 65 characters and replace bullets with plain old asterisks, says Kim Isaacs, director of ResumePower.com. The second resume should be nicely formatted for you to carry in-hand to your interview.
7. What I think of an employer doesn't matter as much as what s/he thinks of me
Of course you're eager to impress. But in your zeal to get hired, don't forget that the employer must pass your screening too. Many first-time job hunters overlook this key point until it's too late. Think about this: There are 168 hours in a week. If you spend 40 of those at work, that means you'll pass almost one-quarter of your week there. You better make sure you like the place.
Find out about boss's management style, the company's stability and any company problems. Ask about the challenges specific to your position, what a typical day will be like and opportunities for growth and advancement in the company.
Some employers may introduce you to your potential co-workers either on the initial or secondary interview. Chat with them about the work environment, and what they like and don't like about their jobs. If you haven't had that opportunity before the company makes you an offer for hire, ask for the contact info of a couple of people you would be working with and give them a call or send them an e-mail before accepting the job. It is important to impress the employer, but it's equally important that you're impressed with the job.
8. If I plaster the Web with my résumé, I'll receive more interviews
Let's face it -- the sheer volume of résumés on sites such as Monster.com, HotJobs.com and CareerBuilder.com make it virtually impossible to get an employer's attention. In fact, job hunters such as yourself post thousands of new résumés each day.
And sending out your résumé en masse to every employer you can think of isn't a much better approach. On average, a company interviews only one person per 245 résumés it receives. You need to be more proactive in your job search and tighten your focus if you expect to get results. Tailor your résumé and cover letter to target each job you apply for and follow-up your résumé with personal contact.
And you can still use the Internet in other ways to hone in on more promising prospects. Check out sites that cater to your specific field. Also, before applying (and especially before interviewing), you should spend some time on an employer's Web site. Make sure you understand the company and see if you can envision yourself working there.
[page break]
9. If a company isn't currently hiring, I can't get an interview
One of the most powerful job-hunting tools is an informational interview. You can arrange an informal interview with people working in your field to learn more about working in the industry, get expert career advice and, most importantly, build a network of contacts in your field.
A friend of mine in college was interested in working in the insurance industry, and he'd heard good things about an employer in the area. It wasn't hiring at the moment, but he set up an interview with one of its executives to talk generally about a career in the industry. He took a copy of his resume with him, and the exec offered to keep it on file should an opening arise. Two weeks later, he was called in for an interview for an opening that the firm hadn't even advertised yet. And he got the job.
Not all informational interviews will result in a job offer, but they're time well spent. It may not pay off immediately, but later in your career, you may reap the benefits of the contacts you made and advice you received.
10. If I don't know what I want to do after graduation, I should go to graduate school
An advanced degree could be the ticket to a new career or a stepping stone to faster advancement in your current job. But if you're using it just to buy time because you can't make a decision, it could be a complete waste of time, energy and money. Grad school should be used as a means to a well-researched end.
Peter Vogt, a career planning expert, suggests asking yourself the question: "Are you going to graduate school for a purposeful reason or are you falling into grad school to get away from other things?" It's an awfully big investment, so you better make sure it's what you really want for yourself.
If you're finding yourself tempted the wrong reasons, get a job instead. Breaking out of the routine of school for a while could help you gain greater perspective about your skills, interests and career goals. Besides, you can always go back to school later.
Get Kiplinger Today newsletter — free
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.
-
Here's How To Get Organized And Work For Yourself
Whether you’re looking for a side gig or planning to start your own business, it has never been easier to strike out on your own. Here is our guide to navigating working for yourself.
By Laura Petrecca Published
-
How to Manage Risk With Diversification
"Don't put all your eggs in one basket" means different things to different investors. Here's how to manage your risk with portfolio diversification.
By Charles Lewis Sizemore, CFA Published
-
Four Smart Steps To Take Before Buying Your First Home
home Buying your first home can be daunting. Here are four things you need to do years before you start house-hunting to prepare financially for the biggest purchase of your life.
By Andrea Browne Taylor Last updated
-
How to Get Your First Credit Card
credit & debt Plus, how to use it wisely and earn the lowest interest rates.
By Lisa Gerstner Published
-
5 Smart Ways to Boost Profits at Your Lemonade Stand – or Any Small Business
business Make your lemonade stand stand out from the pack with these simple tips.
By Janine Puhak Published
-
How to Refinance Your Student Debt
credit & debt Consolidating student loans can reduce paperwork and lower your monthly bill.
By Kaitlin Pitsker Published
-
Should Young Adults Accept Financial Help From Their Parents?
savings Sometimes it makes financial sense to remain tethered to your parents, but work on a plan to start breaking the financial bond.
By Miriam Cross Published
-
Learning to Live With Debt
Budgeting Debt may be a part of your budget for decades to come. Establish a plan for managing it wisely.
By Stacy Rapacon Published
-
5 Hidden Costs That Surprise First-Time Home Buyers
home Make sure your budget is big enough to handle these unexpected expenses.
By Andrea Browne Taylor Published
-
6 Common Money Mistakes Newlyweds Need to Avoid
savings Get your marriage off on the right financial foot by talking openly with your new spouse and avoiding these financial faux pas.
By Lisa Gerstner Published