What Is The Dollar Value of Your Resume?
Posted by Ric on November 6th, 2008
What Is The Dollar $$$ Value of Your Resume?
Do you know the dollar value of your resume to you?
More than likely, if you are like the rest of us, you have never sat down to think about what your resume is worth to you in dollars $$$ and cents ¢¢¢.
There is an old saying that "first impressions count" and your resume is usually how people first see you when you are hunting for a job; and decide whether or not to invite you to a job interview.
Your IT Resume, therefore, really sets the pace, to a large degree, for the number of quality interviews you are invited to, the quality of job offers that are made to you and the level of salary and other compensation that they contain.
A weak resume will see you receiving fewer interviews and lower salary offers. While, on the other hand, a strong resume will help you to receive more interviews, more great job offers and higher salary offers.
Strong, effective IT resumes shorten the length of your job hunt.
Let’s look at some numbers.
Just how much money are you losing weekly or monthly when you are out of work? And how will you ever make up the amount that you lose?
|
|
Income Loss | |||
|---|---|---|---|---|
| Salary | 1 week | 1 month | 3 months | 6 months |
| $36,000 | $ 690 | $3,000 | $ 9,000 | $18,000 |
| $48,000 | $ 923 | $4,000 | $12,000 | $24,000 |
| $60,000 | $ 1,154 | $5,000 | $15,000 | $30,000 |
| $90,000 | $ 1,731 | $7,500 | $22,500 | $45,000 |
Someone earning $36,000 will lose $9,000 in a 3 month job hunt; and someone earning $60,000 will lose $15,000 if unemployed during a 3-month job search.
How long will it take to make this up financially? In turn, what is a resume worth to you if it cuts your job search time? Helps you to get a higher salary?
An investment in Your IT Resume will help you to get more interviews, get more job offers and decrease the number of weeks that you are look for work … saving you thousands and thousands of dollars, and possibly earning you thousands of dollars a year in more income.
There is more!
Take a look at what a great IT Resume can also mean to you in dollars and cents if it can help you to increase your salary by $100 per week; or by 10%; or double it or add $5,000, $10,000 or $20,000 to your yearly income.
Can you imagine the difference this would make to you? Think about it.
It may only cost you a few hours of time and a few dollars to improve your resume — while it can take years to achieve promotions that increase your salary.
We spend over one-half of our adult lives working but the process of writing a resume or looking for a job is given little importance.
Most of us do not realize that our resumes have such a dramatic impact upon salary offers or longterm career growth and our quality of life.
Because most of us don’t realize the financial value of our resumes we don’t treat them seriously.
We spend years developing our careers, fighting for promotions, and/or investing thousands of dollars in completing college degrees and advanced certifications AND then typically spend only 1-2 hours creating a resume to market skills that we have spent countless hours and many years nurturing and developing. It just does not make any sense - at all!
Most of us have been taught that a resume should list the type of job we want, the jobs we’ve held and our education — so it seems a simple process. Yet, in today’s job market employers receive 100 to 400 resumes, or more, for each position they advertise.
You need to stand out from the crowd and Your IT Resume can help you to control your professional image and align your IT skills with the IT job that you want.
Yesterday’s resume just does not cut it!
