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4 reasons to search jobs at the end of the financial year

With travel restrictions lifting worldwide and quiet season approaching, should you take a long break and wait for the new year to search for your next career move? 

The beginning of a new financial year brings fresh activity to the job market as projects begin and new goals are set, so it’s actually the best time of year to start a new job. Here are four reasons to search and prepare now:

1. Start conversations for opportunities

Having conversations early will put you ahead of those waiting until July and front of mind to hiring managers looking to hire early for new starters to commence in the new financial year. Get prepared for your salary benchmarking as well to show you know the market well. Request access to the latest Salary Survey here.

2. Planning ahead

Plans for this financial year are completed with employers considering how they will resource new projects. It is the time to revisit conversations you may have previously had throughout the year with recruiters, hiring managers and within your network to remind them you are on the lookout for a new role.

3. Budgets

Alongside planning, many organisations have approved budgets for the upcoming financial year so will be looking to hire and fill new headcount.

“Many employers begin the hiring process early in order to be ready for the new financial year.”

4. Rebrand yourself

If you are just getting started with your job search you can use this time to update your CV, remember to tailor it to highlight certain skills specific to the types of roles you applying for. Once you have updated your CV, ensure you update your LinkedIn profile so reflects the information in your CV, as many hiring managers and recruiters will look at your online profile.

 

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