Am I Getting Paid Enough? What Is My Market Value?

There’s a new website which tells Australians how much they are worth in the jobs market

There are plenty of salary checkers on the market today, but few have been created just for Australian job seekers. Until now. Are you getting paid enough?

Do you sometimes wonder what your true value in the jobs market is if your salary reflected all your education and career experience?

If you do, then a new tool that from online job search engine Adzuna called “ValueMyCV” will help answer that question.

Is ValueMyCV Just Another Salary Checker?

Adzuna says ValueMyCV uses the same technology as Apple’s Siri and Google’s image search. The site works by analysing more than 100 different aspects of a CV when it’s uploaded – including work experience, job title, academic background and location – to calculate an estimate current market salary from that data.

I tried it with my CV and it took less than a minute to calculate a salary which was a little below my last full-time role in banking, but still pretty close.

I’ve been working for 30 years and my CV was optimised a few years back, but Adzuna says the site will make suggestions to optimise a CV if necessary. It will also match people to relevant jobs based on skills and experience, and personalise an interactive “career pathway”, Adzuna said.

Adzuna’s Australian CEO Raife Watson said the free site will answer the question he thinks everyone wants to know – “What’s my value in the market?” It also has an “email my boss” feature which allows users to send their salary estimate to their employer.

“ValueMyCV makes it easier for Australian employees to negotiate their package based on their skills and experience and extensive current market data,” Watson said.

Besides current employees checking their value and discussing it with their boss, Adzuna says it believes the site will be important for the approximately 190,000 women returning from maternity leave each year, close to 200,000 students graduating from University each year, and Australians transitioning from declining industries like manufacturing and mining back to workforce.

So what do we think?

CV Saviour tested this site and found it to be pretty accurate. It does offer some advice through its CV Booster  that we don’t support though. For example, it said our 3-page resume for a job seeker who had 20 years experience was too long (we strongly disagree). It also extracted our job seekers company name instead of their lastname and said the resume didn’t contain any contact details (it did). ValueMyCV claimed that the naming convention we’d used (LASTNAME, Firstname – Advertised Job Title – Month Year) was too long – we disagree and know from research that recruiters (and ATS) LOVE that format; it claimed the didn’t include a summary (it sure did) and it highlighted the fact that we don’t include a full address and said it should (again, we disagree – including a full address can open candidates up for demographic profiling, and at application stage, an email address, mobile number, Suburb, City, State and postcode is more than sufficient.

Last but not least, the Career Explorer tool isclearly based on a candidates most recent job title, so the options for our job seeker were way off mark. Nonetheless, it’s a neat little tool, no doubt poised to offer hours of fun at the office while job seekers plot their next career move.

The site will be officially launched shortly, but you can beta test it here. Enjoy!

This article by Greg McKenna first appeared in Business Insider.

Why Are Australians Leaving Their 9 to 5 Jobs? Virtual Job, Anyone?

Real Virtual Jobs. Work Anywhere. Virtual Working.

Is Virtual Working For You?

Our friends over at Virtual Working Hub have come across some interesting statistics that support the anecdotal evidence that Australians are ditching 9 to 5 jobs for virtual jobs and remote employment. Read on for more.

Working At Home, Remote Working, Telecommuting, Virtual Working …

Call it what you will. The reality is that Australians are ditching the 9 to 5 in record numbers for freedom and flexibility to choose when and where they work.

It’s a new era for highly skilled workers who can now use digital technology to work remotely and on their terms.

The world’s largest job site Indeed has released data showing the number of Australians searching for flexible jobs online has more than doubled in the past two years.

Indeed’s statistics show interest in flexible work has grown 42% overall across the world’s 12 largest economies in that time, but Australia tops the list returning 85% more searches for terms like ‘remote’, ‘work from home’ and ‘telecommute’ than the nearest rival – the United States.

The growing trend toward flexible and remote work is beneficial for employers too, providing access to a borderless workforce and the best match for each job, not limited to applicants from a local geographical area.

The Indeed Hiring Lab’s research has also revealed Australia is a jobseeker’s market, with 11% of advertised jobs still vacant after two months.

This changing marketplace is seeing more employers flex to offer greater incentives to lure the best and brightest talent, including work-from-home opportunities and flexible leave.

For a while now, it’s been common for organisations to offer staff incentives like gym memberships, lunchroom entertainment or a day off for their birthday, but office pool tables and PlayStations are fast becoming nothing more than gimmicks to autonomous remote workers who choose their own hours, outfits and office views – café one day, beach the next.

Virtual Working Hub believe this is just the beginning of the future of work – more productive, efficient and cost-effective work arrangements, giving professionals greater flexibility and work-life balance, and employers a stronger, more highly skilled and better suited workforce than ever before.

To find the perfect virtual opportunity for you, check out Virtual Working Hub’s verified virtual jobs – your one-stop-shop for real virtual jobs, where every employer and every job is screened – no get rich quick schemes or pyramid selling scams – just real jobs, real employers, for real people.

Salary Checker | Australian Salary Survey

Are You Getting Paid What You Should Be?

Australian Salary Survey and Salary Checker: Everyone at some time in their working career wonders if they’re getting paid enough for the job they do. With the media frequently highlighting the gender salary gap and pay discrepancies between men and women, many job seekers are now questioning if what they’re getting paid is correct, legal and fair.

Others begin their search to find out what they should be getting paid when they’re thinking about a job move, a career change or preparing for an annual performance review or seeking a job promotion. Or they may be thinking about getting a professional resume written and wondering if a career move is the right one (and if they can afford a job move), or they may be anticipating that tricky interview question “What are your salary expectations?”

Whatever your motivation, these Australian Salary Survey guides will help.

LiveSalary – “a free community-based website where people exchange salary data”

Michael Page Salary Centre

Seek.com.au – Australia’s largest job board

People Bank’s Salary Index

Hudson 2016 Salary Guides

Robertwalters.com.au 2016 Salary Survey

Strategy 2016 Salary Guide

Morgan McKinley Australia Salary Guide 2016

HR Partners ‘HR Salary Survey’ – a free portal and was specifically developed for Australian Human Resource Professionals to share salary and remuneration intelligence and help them ascertain what people in the HR profession are really earning.

Mining People International’s ‘Mining Salary Survey’ – The site was specifically developed for Australian Mining industry workers to share salary and remuneration data and help them ascertain what people in the mining industry are really earning.

Australian Legal Salary – The site was specifically developed for Australian legal Professionals to enable them to easily share legal salary data and help ascertain what people in the Australian legal industry are really earning.

ANZ SAP Salary Survey 2016 – a boutique SAP recruiter providing an expert and very personal service to SAP Professionals and Employers throughout Australia, New Zealand and Asia Pacific.

Courtesy of JobMob.

The following are some of CV Saviour’s recommendations:

Glassdoor – see how your salary stacks up against others in the same sector, as well as company benefits and peer salaries.

Hays – the annual Hays Salary Guide remains the definitive snapshot of over 1,000 salaries across Australia and New Zealand.

Taylor Root – Legal, Banking and Finance, Compliance and Risk Salary Surveys.

The Ultimate Cheat Sheet For The Perfect LinkedIn Profile

Looking to boost your LinkedIn presence with the perfect LinkedIn profile?

As it turns out, maximising your visibility, building your networks and securing that dream job all boils down to a few simple tweaks, according to Business Insider.

From how to frame your LinkedIn profile photo, what buzzwords to avoid, and the ideal number of LinkedIn connections to have through to how you can get more recommendations, here is the ultimate cheat sheet you need to make your LinkedIn profile stand out.

Click here to see the full infographic.

 

How To Explain Job Hopping On Your Resume

Job Hopping. How To Explain Job Hopping On Your Resume.

They’ve barely been born, yet one in four Millennials say they’ll leave their current job within a year. Does this mean they are job hopping? And if so, how do you explain job hopping on your resume?

An article in Business Insider today revealed that Deloitte had reached out to nearly 7,700 young professionals in 29 countries for its fifth annual Global Millennials survey and thinks it has nailed down a key reason for why they job-hop, and one strategy for how employers can hold onto them longer. So if that many are thinking of leaving their jobs, are they job hopping?

What is Job Hopping?

Job hopping is typically understood to mean when you move from one company to the next every one to two years, have done it multiple times, and the reason for each move is due to something other than a layoff or company closing.

Back to Deloitte’s research.

Two-thirds of millennials plan to leave their current organisation by 2020. A quarter see themselves elsewhere within the next year.

While you could argue that young workers have always been inclined to job hop (and millennials are less inclined to do so), their reasons for restlessness may have changed.

Young workers’ latest gripe? Insufficient opportunities to develop their leadership skills.

That’s according to the fifth annual Global Millennials survey, cited on Bloomberg, for which Deloitte reached out to nearly 7,700 working college-educated professionals in 29 countries.

As many as 63% of respondents said their leadership skills are not being fully developed.

And it seems to be a key reason behind their willingness to leave: While 71% of those likely to leave in the next two years are dissatisfied with how their leadership skills are being developed, that number drops to 54% among those who are planning to stay beyond 2020.

As Punit Renjen, chief executive officer of Deloitte Global, told Bloomberg, young workers’ pursuit of leadership skills even at the expense of switching jobs is a new phenomenon.

Perhaps it has something to do with the recent trend of flattening organisations, which was highlighted recently in The Washington Post. In an effort to cut costs, organisations have removed levels of bureaucracy, which means there’s not much of a corporate ladder to climb anymore.

“The biggest driver of disengagement is people feeling like they’re stuck in a job, and there’s nothing for them there,” one expert told The Post. “It’s easier to quit your company and find a new job than find a new job within your own company.”

Restoring some semblance of a corporate ladder may require a good deal of structural reorganization. In the meantime, managers can take small steps to help their employees develop into leadership positions.

The Wall Street Journal recommends creating mentoring programs in which workers are paired with more senior employees at their company. You can also rotate your employees through different jobs, so they gain new knowledge and expertise.

As for individual employees, US News & World Report suggests being proactive instead of waiting for a leadership position to open up.

If you work for a large company, you can speak to someone in human resources and ask what you should be learning to reach the next level. You can also volunteer to take charge of a particular project, so that management recognises your capabilities.

So how to explain job hopping on your resume?

Firstly, it’s not all bad news.  You can read here about the pros and cons of job hopping. Job hopping is replacing the concept of climbing the corporate ladder, and with an increase in workers doing shorter contract work by choice, things aren’t all that bad as far as options for explaining (or illustrating) your job hopping on your resume.

A typical approach taken by CV Saviour is to remove career chronology from the first couple of pages of a resume, and rather focus this space on specific projects, or highlight career successes  and achievements without detailing them under a specific job. The career chronology can then be moved to the final page of the resume, with detail of job title, tenure, reporting lines and a company and role overview.

There is no need to explain WHY you left a job in your resume these days (leave that for the interview, and only if you are asked).

LinkedIn’s 25 Hottest Job Skills 2016

LinkedIn’s 25 hottest job skills for 2016 will depress anyone outside of the IT industry.

If you’re on the hunt for a new job, find out what skills and keywords your resume needs.

It’s January, so there’s a good chance you’re on the hunt for a new job.

According to sites like Monster.com and LinkedIn, this is the most popular time of year for job seekers to kick off their search.

To find out what it takes to successfully land a job, LinkedIn analysed all of the hiring and recruiting activity that occurred on its site in 2015, and uncovered the 25 hottest skills in 14 different countries.

“If your skills fit one or more of these skills categories (a grouping of related skills), there’s a chance you either started a new job or attracted the interest of recruiters last year,” explains LinkedIn researcher Sohan Murthy in a recent LinkedIn post.

“We noticed that companies were still recruiting and hiring for these skills well into the final months of 2015, so we expect these skills will remain in-demand in the early part of 2016. This means if you have one or more of these skills, you’re likely to continue getting interest from recruiters in the new year.”

To see the skills most in demand by recruiters in Australia, see the image below. Get your resume updated now, job seekers, and show your expertise in the areas below to make sure your chances for being noticed by recruiters is increased.

LinkedIn’s Hottest Job Skills 2016

LinkedIn's Hottest Job Skills 2016, LinkedIn, Job Seeker Skills, Keywords, Resume Skills, CV Keywords, CV Skills,

 

 

 

Not everyone of us will be a developer or have anywhere enough of these skills, but if you’d like some help getting your resume and LinkedIn profile in order, contact us at info@cvsaviour.com.au or click here for more details about how we can help. If you need to upskill, you might want to consider re-training in some of those in-demand skills so you can ramp your resume.

This article appeared on Linkedin and Business Insider.