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Home Technology Fintech

How to deal with rejection during the job hunt

July 15, 2022
in Fintech
Reading Time: 4 mins read

The entire process of applying for a job is stressful and often exhausting.

work

Click on the image to see all vacancies in the FinTech Futures Jobs portal

The phenomenon of interview fatigue is also absolutely realistic. Preparing multiple interview rounds (often 7-8 times (or more)) can be very expensive, and we decide that a long interview process isn’t worth it and opt out completely. It is not uncommon to do so.

This means that a company can potentially miss a great job by losing a good employee. Google has found that there is a large gap between the number of interview rounds required to get a good recruitment and the impact it has on a candidate’s experience. As a result, it has been significantly reduced. In the past, it was not uncommon for candidates to have 12 interviews before making a decision. Following a survey of interview data, the company is currently requiring applicants to have only four interviews.

However, this is only part of what can make job hunting difficult. At intermediate to advanced levels, interviews require extensive research and preparation, not to mention rewriting resumes, these very important cover letters, and the research and presentation preparation that must be done for each interview.

What if I don’t succeed? First of all, it is very important to remember that this process is time consuming. A 2018 survey by Randstad US found that it took about five months to get a job. Within the last five months, on average, we will create four different edited versions of resumes (and four cover letters), submit seven job applications, and attend five interviews.

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Learning opportunities

Each of these failed interviews should be viewed as a learning opportunity, not as a failure. Look like this. If you can’t get a job, you should be able to gain something else from your experience, at least in terms of constructive feedback from your recruitment manager.

You already know in what areas you worked and what didn’t work very well, but other perspectives are very valuable. Knowing what stands out (good or bad) for others is a great benefit.

Receiving a denial email is never a good thing, and it’s often a bland template with few details or feedback specifically relevant to the interview, but in practice, unless you contact and request it. I don’t learn anything. Always be polite, thank the interviewer for their time and interests, and explain what you would like to know a little more about why you were unsuccessful. There can be innumerable reasons. Others can be fixed quickly and easily, including better examples for discussion.

When asked, you’ll be amazed at how many recruitment managers are willing to provide observations. The fact that you are seeking feedback speaks a lot about your interest in your personal and professional growth.

Pick yourself up

Depression in job hunting is real. According to a Pew Research Center survey, about half of U.S. adults in job hunting are pessimistic about future job prospects, and 53% feel that they have lost some of their identities during job hunting. I am saying. .. Another 56% said they experienced emotional or mental health problems such as anxiety and depression during unemployment, and an additional 41% experienced more conflicts and discussions with family and friends than usual. It states.

If you’ve been looking for it for a while, you’ll understand, but as I said, it’s number games that get new jobs. Depending on the job, a typical employer will interview 6-10 candidates from every application received, and candidates will have at least 2-4 interviews before receiving an offer.

It’s important to set aside a certain amount of time each day to work on job searches, application materials, and interview preparation. You need to be able to make this part of your routine and prevent it from consuming you. Set reasonable daily goals, such as completing an application or filling out a cover letter, and find time when you’re not thinking about job hunting. Focus on your strengths, work on the feedback you receive, and get back there.

Are you ready to accelerate your career?Explore thousands of open roles in today’s FinTech Futures JobBoard..


About the author:

Kirstie works for Jobbio, a job board partner.

Based in Dublin, she has been a writer and editor across printing and digital platforms for over 15 years.

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