Affluent Savvy
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What is the hidden job market?

More and more people are finding and landing new opportunities through the “hidden job market”: vacancies that aren't publicly listed or advertised with recruiters but instead are filled through “internal candidates or referrals,” Stacey Perkins, a career and leadership coach at recruiting firm Korn Ferry, tells CNBC ...

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Awaken your dormant DNA ability to attract wealth effortlessly
Awaken your dormant DNA ability to attract wealth effortlessly

The simple yet scientifically proven Wealth DNA method laid out in the report allows you to effortlessly start attracting the wealth and abundance you deserve.

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The secret to landing your dream role isn't submitting hundreds of applications on companies' websites — in fact, many great jobs aren't posted online at all. More and more people are finding and landing new opportunities through the "hidden job market": vacancies that aren't publicly listed or advertised with recruiters but instead are filled through "internal candidates or referrals," Stacey Perkins, a career and leadership coach at recruiting firm Korn Ferry, tells CNBC Make It. "There's a lot of great positions — at least 60%, I'd say — that never make it to the public job boards, which really surprises a lot of people," Perkins adds. Here's how you can tap into the hidden job market and leverage it to find your next opportunity:

Start with a target list of companies and people

When it comes to the hidden job market, less is more. Make a short list of companies you want to work for — no more than 10 — and let that list guide your search, career coach Emily Liou recommends. Then, figure out who the decision-makers at those companies are: the people working on the teams you're interested in, who your potential boss would be, recruiters and human resource managers. LinkedIn and past job descriptions on the companies' websites are solid places to start. Having a focused search can help you build deeper, more personal connections, she adds, and those connections should alert you to job opportunities before they're posted online. That's because companies want to hire people who have a strong, veritable interest in their business, Liou explains — and as a jobseeker, it is much easier to build relationships with these decision-makers if you are thoughtful and intentional in your search instead of copying and pasting the same outreach message to 50 people. "Even if they don't have an immediate opening, it's not to say that in a few weeks or months someone will get promoted or quit and suddenly there's an open role," Liou says. "If you're on their radar, you'll be at the top of their hiring list."

Take a personal approach to networking

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How do millionaires behave?

Millionaires also tend to be frugal, conscientious, and resilient — all traits that help amplify their wealth-building actions. While some of the behaviors above may also ring true for non-millionaires, millionaires often exhibit them at a stronger level and with more consistency.

Self-made millionaires didn't get to the two-comma club without doing things a little differently from the rest. Various researchers who studied hundreds of self-made millionaires for several years have found that many tend to practice different habits or display heightened traits that help them build wealth. Many millionaires, for example, allocate their time differently — they spend more time focusing on personal growth, planning for investments, and working, and less time sleeping. They also gravitate toward similar wealth-building strategies, like saving as much as they can and bringing in multiple income streams. And when it comes to investing, millionaires love low-cost index funds and real estate. Millionaires also tend to be frugal, conscientious, and resilient — all traits that help amplify their wealth-building actions. While some of the behaviors above may also ring true for non-millionaires, millionaires often exhibit them at a stronger level and with more consistency. Here's what sets millionaires apart from everyone else — besides a seven- to nine-figure net worth.

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