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Warning: Average Resumes Have Huge Hidden Costs



Average Resumes Usually Cost Thousands More Than Their Low Fee!
 
Tim Cunningham, Fast & Focused's Principal Resume Writer explains why.

Before I became a resume writer, I worked for fifteen years in purchasing operations, financial supervision and database sales. At one point, however, I spent a summer looking for work using a good example of an average resume. What happened during those weeks, I prefer not to think about. Let's just say that until I learned how to write an interview generating resume, my silent phone taught me all I needed to know about the high costs of using an average resume in a job hunt.

What is an average resume? The Human Resources people have been reporting for years that almost all the resumes they see consist only of the job seeker's name and contact information, a work history and responsibility lists for each job that the candidate has held. For some situations this kind of resume is great. If you have been hired already, and your new employer is saying that you need to submit a resume to complete their HR file on you, an average resume is all you need.  Just hand it in, and the receptionist will tick off the HR check box. A secretarial service should charge from $40 to $100 to type up this kind of resume from your notes.

Yet, the problem with these resumes is that they give an employer no reason to interview the job hunter whose career they summarize – which is why they should never be used if you need your resume to open the door to job interviews. In that situation, using an average resume almost always leads to a very long and frustrating job hunt, and hidden additional costs of at least $6,000.00. 

You may be thinking: "Why do you say that?" Because of two additional points that the Human Resources analysts keep on repeating. Even before the recession began, these folks were telling us that that average resumes consisting of contact information, job history and responsibility lists were ending up in the "don't call" pile somewhere around 95% of the time. Another point they emphasized was that most people are so nervous in job interviews that they generally don't make a good impression in their first interview; they usually win a job at their second or third interviews because they are a little more relaxed.

Taken together, these two points mean that anyone using an average resume to apply for 10 jobs each week, is unlikely to get an interview until about around week eight, by which point they are so anxious and nervous that they talk themselves out of consideration, leading to another six to eight week wait for the next interview. So not many career professionals were surprised when one mid - recession study showed that the average executive or professional job hunt was lasting anywhere between 15 to 24 weeks. 

Today, a resume only containing only contact info, work histories and responsibility lists does not stand out from the 50-100 other candidates who have done the same jobs and have submitted an almost identical resume. So if you want to be called in for job interviews, you can't afford to bet your career by relying on an average resume. Instead, your resume must be "a self-marketing document, prepared for potential employers or organizations, that effectively communicates your ability to produce significant results and meet specific performance goals and objectives better than other qualified candidates."   

This definition makes five key points. Let's look at them more closely.

1) Communicate Your Market Value
The process of creating a resume must result in job seekers being able to effectively identify and communicate their VALUE to prospective employers. In other words, resumes must clearly communicate bottom line results and organizational contributions that you can produce and deliver as well, or better, than other qualified candidates.

2) Establish Your Differential Factor
When you develop your resume, you must define the differential factor. The differential factor represents highly valuable skills, qualifications and other "employment assets" that set you apart from other well-qualified candidates; thereby making you stand out. Often, the differential factor tips the hiring scale in your favor! For instance, if you have an industry-wide reputation, that reputation might be the differential factor. If you are a Black Belt in Six Sigma; that may constitute the differential factor. When your resume identifies your differential factors, you'll have a distinct advantage in landing a job quickly in the toughest of job markets.

3) Open the Right Doors
Exciting, well-presented resumes open doors of opportunity that otherwise would not open for job seekers with look-alike, blend-in-with-all-the-other resumes. Indeed, you resume will race to the top of the pile because it bellows out to employers, "This is what I can do for you, why I am a good fit for your company, and the best candidate for the job."

4) Build Your Confidence
When you understand and communicate the value and attributes that set you apart from their competition, you gain a whole new level of confidence in the midst of the job hunt for you will be proud of what you are marketing . . . namely yourself!

5) Become More Effective In Your Interviews
As your resume is prepared, you begin developing the key messages you'll eventually want to communicate in an interview to win the job. In other words, when you take the time to properly prepare your resume thinking about the key messages that will win job offers; doesn't it make sense that you will then be able to SHOWCASE those messages on their resume to win interviews! (I owe a big thank you to my PRWA colleague Jay Block for these definitions and observations.)

Crafting such interview-generating resumes is no job for a typical secretarial bureau; especially since your resume will only have 15 seconds to make an impression. To craft a an effective self-marketing resume, a writer needs broad business knowledge that can quickly and accurately grasp the essential skills, specialized languages and necessary achievements of a huge variety of employment situations, the interviewing skills of a master psychiatrist to delve deep into your memory to uncover almost forgotten incidents that show your skills in action, and the persuasive powers of a top-flight copywriter.

So it's not surprising that competent professional resume writers charge somewhat more than the typist. Yet in the final analysis, our work is more than worth every penny you invest. For in the long run, a professionally written interview generating resume doesn't cost you a cent: instead it makes far more money for you than the cost you paid up front.  

At this point, I can hear you asking: "How can this be?"   

I know I didn't stop and think about the real costs of using an average resume before I started my job hunt. But every job hunter should ask, and answer, this one question: "How much will using an average resume cost me?"

I can't tell you what your exact costs will be, but I can show you how to find out. If you divide the amount of the salary of your desired job by 50, you will get your gross weekly salary apart from benefits. Multiply that salary by the number of weeks you must allow for the job hunt to take and you get your total loss of salary cost. The size of the numbers will surprise you. Consider the following examples:  

If you want a $20,000 salary, your weekly salary is $384.61 and a 15 week job hunt will cost you $5,769.15.98.
If you want a $50,000 salary, your weekly salary is $961.54 and a 15 week job hunt will cost you $14,423.10.
If you want a $100,000 salary, your weekly salary is $1,923.08 and a 15 week job hunt will cost you $28,846.20.  

The real cost of your average resume is not the $100 dollars you paid the typist. The real cost of that resume is the figure you get when you plug in your chosen salary and multiply it by the 15 - 24 weeks that the average job hunt now takes. Once you have that real cost, ask yourself this. "Can I really afford to risk paying that much for an average resume? Would I risk paying $5,000.00 or more for anything else that didn't do what it was supposed to do?"

Now, consider instead what happens if your resume is one of the 5% of resumes that achieves above average results. Assume it makes interviews happen not 5% of the time, but 50% of the time (a hit rate that professional resume writers routinely meet or exceed). If you go job hunting with that resume and you apply for 10 jobs in your first week and your resume is 50% effective in generating interviews, the odds are that you will have five interviews by the end of your third week (allowing a week between resume arrival and your first interview date), and at least one job offer from interviews 2 through 5. You might even get more than one job offer, which is a comforting piece of paper to have in your back pocket when you negotiate the final details of your compensation package with your preferred employer.

So instead of taking 15 weeks, which is the low end of the average, your job hunt has taken only three weeks and your resume has just enabled you to earn an additional twelve weeks salary. Your investment in a professional interview generating resume has just made you somewhere between $4,615.32 (for a $20K salary), $11,538.48 (for a 50K salary) or at least $23,076.96 if you were hired at $100K, or more - not to mention saving you from a great deal of depression and anxiety.

Now, you can finally ask yourself the real question: "Is it worth investing between 3-5% of the additional salary that a professionally written resume will earn me in order to massively increase my chances of making $4,000, $11,000 or $23,000 or more, much sooner as well as significantly reducing the stress and worry of being out of work?"

Do you see why investing in an effective resume is the most significant investment you can make in your career? Or to put it another way, investing in a professionally written interview generating resume doesn't really cost anything. Instead, it makes both dollars and sense. 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

Thanks for your tremendous support during the recent redevelopment of my resume. I am off to manage five international airports as the CEO. It was a pleasure to work with you and the results speak for themselves.
It is less than a month since you sent the resume package and I already have 3 interviews set, including my #1 target – CTO of one of Canada’s 25 largest companies. I may end up being spoilt for choice!
During the last 3 weeks I attended 4 job interviews and today I received two job offers. I start working next Tuesday.
Major success; a senior management position in less than a month! . . . Your attention to detail and consideration of my true strengths and goals were paramount to my securing this amazing position. You said it would not take long to get calls and . . .  I had my pick of the crop and I am so very happy to have contacted you to assist in preparing my portfolio.
In the 16 days since you sent me the resume package, I've been called for five interviews – in the middle of the recession!
As a former HR guy, I know all about resumes and you wrote a great one. With every key achievement powerfully stated and organized for maximum impact, your resume proved that I was an ideal candidate.


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Fast & Focused is a member of the Professional Association of Resme Writers and Career Coaches (PARWCC).
Principal Writer, Tim Cunningham, is a Certified Professional Resume Writer (CPRW)
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