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This is a glossy of terms that often come up on the StamfordJobs.com web site regarding employment. It is important to know these current terms because the job and employment landscape is very dynamic.
What is a Cover Letter?
A cover letter is an extra document that is often attached to a resume. The cover letter includes additional document that explains the applicant's professional background, and how the candidate's skillset matches with the company's goals and specific objectives. The purpose of the cover letter is provide extra information that is often lacking on the resume. The cover letter may contain detailed background information, and matching skills, keywords, from the cover letter to the general job description. The cover letter is often used to qualify the candidate for the prospective position. The cover letter should include contact information in the header of the document.
What is a Resume?
The purpose of your resume is to get your foot in the door for an interview that will eventually lead to a job offer. A resume is a written statement of your educational background, professional experience, skills, and qualities. It is a crucial instrument in the job search process because it enables potential employers to comprehend your qualifications and how you may benefit their business. It is estimated that hiring managers spend thirty to forty five seconds reviewing your resume. Like a good super bowl ad, a resume can stand out with thirty to forty five seconds of retention time. Do not think your resume needs to sacrifice quality because of this. As a rule of thumb, a resume needs to be at least one page.
What is a Portfolio?
The purpose of portfolio is showcase your work and problem-solving abilities to a potential employer. Usually, people in the creative arts, such as graphic design, have a portfolio or record of their work to demonstrate their abilities. Besides graphic artists, art directors or UX designers can have portfolios put together to show what clients they have served in the past, and what problems they solved for previous clients. In most cases, a portfolio can be printed, or it can be in a digital form. Examples of this would be personal web site, PDF booklet, or a blog about a particular niche.
The portfolio is another marketing piece that is complementary to your cover letter and resume. These marketing pieces are the trifecta of your personal branding.
What is a Applicant Tracking System (ATS)?
Applicant Tracking Systems (ATS) is computer software platform that streamlines the recruitment process by organizing and automating the job application and hiring process. Overall, an ATS is designed to filter the qualified and not-so-qualified applicants who apply for a job.
The ATS is part of the initial screening process, and the purpose is to weed out the majority of applicants. These system work by collecting, sorting, and storing resumes, cover letters, and job applications in a central database. The ATS then uses algorithms and keyword searches to match job applicants with job requirements. These algorithms usually apply a ranking process for the hiring process based on certain requirements. It helps employers quickly identify the most qualified candidates and helps streamline communication between the employer and the candidate. Additionally, the ATS provides employers with a dashboard, where they can automate tasks such as sending interview invitations, scheduling interviews, and keeping track of feedback from multiple hiring managers. Usually big or medium-sized companies use an Applicant Tracking Systems (ATS)
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