Advertising
Advertising

Published on October 8, 2018

Writing the Best Cover Letter for Job Application to Land Your Dream Job

Writing the Best Cover Letter for Job Application to Land Your Dream Job

Most hiring managers are busy. Before the hiring process even begins, they are likely juggling too much. When they get to the point of being ready to bring on new talent, they must then juggle the recruitment process with their day-to-day responsibilities.

To allow the process to run as smoothly and quickly as possible, hiring managers sometimes enlist the support of a recruiter or the human resources department.

Prior to the beginning the search process, the hiring manager will share a list of attributes and desired skills they want prospective candidates to possess. The recruiter or human resources representative will then quickly narrow candidates by reviewing resumes, cover letters, referral documents, social media profiles or through screening interviews.

I have been a hiring manager for 16 years, and over the course of this time, I have reviewed thousands of cover letters. Most have been dull, but some have been captivating, inspiring me to give the candidate a closer look.

To ensure you stand out from the crowd, I recommend you these 8 tips for the best cover letter for job application to land your dream job:

1. Read the Application Guidelines

While most positions require a cover letter, some employers will explicitly tell you what they want to see in the cover letter.

For instance, some companies will ask you to document relevant experience, and some may ask you to detail how you might approach your initial 90 days with the company.

Advertising

The point is there is no such thing as a standard cover letter, so read the guidelines or application instructions thoroughly before you begin crafting your cover letter.

2. Avoid Making the Letter All About You

As much as you want and need to highlight your accomplishments, the cover letter should be a good blend of who you are and what you can offer.

You want to quickly summarize relevant experience, while also speaking to how your candidacy and employment will meet the company’s needs now and in the future.

3. Acknowledge Why You’re Interested in the Company, Not Just the Position

Everyone wants to be wanted for who they are, not what they can offer. Companies are no exception.

Culturally-aware executives want to hire people who have a genuine interest in the company’s mission, not just the vacant position.

Many companies place a higher premium on mission-alignment than they do on talent. This is key because a talented person who does not buy-in to the company’s mission and vision will ultimately become a hindrance to growth and may adversely impact the company culture.

Further, the danger of coming across as “just looking for a job” is hiring managers have no indication how long you will stay with their organization.

Advertising

Most managers want to gamble on someone who they reasonably believe will remain with their company for a minimum of a couple of years, but much longer if possible.

4. Speak to What You can Offer to the Company

The cover letters that catch my attention are the ones that speak to what a person can bring to my company.

While I am interested in candidate’s background, I am also interested in the value-add they bring to the organization. If a hiring manager wants a list of accomplishments or work history, they can scan the resume.

The cover letter should offer a broader glimpse into the candidate and what they offer the organization.

5. Mirror the Company’s Language

Prior to drafting a cover letter, go through your prospective employer’s website. Check out their press releases, annual reports, white papers and other material to get a sense of the language they use and how they talk about their work.

Once you understand or have a good sense of company vernacular, begin working on your cover letter. Mirroring the words and phrases the company uses signals that you understand the industry you are seeking to enter which is a bonus for many employers.

6. Customize Your Letter

If you are mirroring the language of the company to which you are applying, you will need to tailor or customize your cover letter.

Advertising

Customizing your letter gives it character. If you use a standard template for cover letters, the lack of effort you invest in presenting yourself to the prospective employer will show.

More serious candidates who take the time to write customized letters will undoubtedly have the upper hand.

Besides, there is nothing worse than using the same standard letter for all openings, only to mistakenly send the wrong letter to the wrong employer. The bad impression may be impossible to overcome.

7. Copy-Edit Your Letter

It is essential to copy-edit your cover letter before submitting it for a position. This is one of the easiest things to overlook, and it is one of the fastest things that will cause you to be disqualified during the screening process.

When hiring managers, interview screeners are reviewing multiple candidates, they look for quick and easy ways to narrow the applicant pool. Many will set aside a resume, cover letter or writing samples with errors on them. And they rightly should.

If you don’t exercise attention to detail in catching typos or grammatical errors when applying for a position, a hiring manager has no reason to believe you will apply diligence once employed with them.

8. Include Contact Information

Once you write a compelling cover letter, make it easy for the hiring manager or recruiter to contact you.

Advertising

In your signature, include your phone number and email address. In the event, your cover letter is separated from your resume, the recruiter will not have to go digging for how to find you.

9. Put the Letter Away for a Day or a Few Hours

Without fail, I am always surprised by how much my writing improves when I take the time to put my writing away for anywhere from several hours to a day or more.

I catch typos that I inadvertently missed during the initial review, and I find new and more succinct ways of making my point. I can cut extraneous words and phrases, which results in punchier lines and more impactful sentences.

Cover letter writing is no exception. Try to write your cover letter and put it away for a minimum of a few hours and a maximum of a couple of days. You will not regret how distance improves your copy.

The Bottom Line

While it may appear there is a lot to do prior to submitting cover letters, the bottom line is to apply as much thought and attention to detail as possible.

Doing this will place you several steps ahead of the competition positioning you to land the dream job you have always imagined.

Featured photo credit: Glenn Carstens-Peters via unsplash.com

More by this author

Jennifer R. Farmer

An author and public relations expert specializes in helping socially-conscious entrepreneurs, celebrities and activists

9 Powerful Techniques for Building Rapport with Anyone 10 Signs of a Bad Boss and How to Deal with Them 5 Types of Leadership Styles (And Which Is Best for You) How to Communicate Effectively in Any Relationship Conflict Management Styles for Effective Communication at Work

Trending in Smartcut

1 How to Set Financial Goals and Actually Meet Them 2 How to Find New Growth Opportunities at Work 3 How to Take Calculated Risk to Achieve Success 4 How Not to Feel Overwhelmed at Work & Take Control of Your Day 5 The Importance of Time Management: 8 Ways It Matters

Read Next

Advertising
Advertising
Advertising

Last Updated on August 20, 2019

How to Set Financial Goals and Actually Meet Them

How to Set Financial Goals and Actually Meet Them

Finances can push anyone to the point of extreme anxiety and worry. Easier said than done, planning finances is not an egg meant for everyone’s basket. And that’s why most of us are often living pay check to pay check. But did anyone tell you that it is actually not a tough task to meet your financial goals?

In this article, we will explore ways on how to set financial goals and then actually meet them with ease.

5 Steps to Set Financial Goals

Though setting financial goals might seem to be a daunting task but if one has the will and clarity of thought, it is rather easy. Try using these steps:

1. Be Clear About the Objectives

Any goal (let alone financial) without a clear objective is nothing more than a pipe dream. And this couldn’t be more true for financial matters.

It is often said that savings is nothing but deferred consumption. Therefore if you are saving today, then you should be crystal clear about what it is for. It could be anything like kid’s education, retirement, marriage, that dream vacation, fancy car etc.

Once the objective is clear, put a monetary value to that objective and the time frame. The important point at this step of goal setting is to list all the objectives, however small they may be, that you foresee in the future and put a value to it.

2. Keep Them Realistic

It’s good to be an optimistic person but being a pollyanna is not desirable. Similarly, while it might be a good thing to keep your financial goals a bit aggressive, going out of the line will definitely hurt your chances of achieving them.

It’s important that you keep your goals realistic in nature for it will help you stay the course and keep you motivated throughout the journey.

3. Account for Inflation

Ronald Reagan once said – “Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hitman”. And this quote sums up the best what inflation could do your financial goals.

Therefore account for inflation whenever you are putting a monetary value to a financial objective that is far away in the future.

For example, if one of your financial goal is your son’s college education, which is 15 years hence, then inflation would increase the monetary burden by more than 50% if inflation is mere 3%. So always account for inflation.

4. Short Term vs Long Term

Just like every calorie is not the same, the approach towards achieving every financial goal will not be the same. It is important to bifurcate goals in short term and long term.

As a rule of thumb, any financial goal, which is due in next 3 years should be termed as short term goal. Any longer duration goals are to be classified as long term goals. This bifurcation of goals into short term vs long term will help in choosing the right investment instrument to achieve them.

More on this later when we talk about how to achieve financial goals.

Advertising

5. To Each to His Own

The journey of setting financial goals is an individualistic affair i.e. your goals are your own goals and are determined by your want to achieve them. A lot of times we get on the bandwagon of goal setting only to realize later on that it was not meant for us.

It is important that your goals are actually your goals and not inspired by someone else. Take a hard look at this step at all the goals you’ve set for after this step, you will be on the way to achieve them.

By now, you would be ready with your financial goals, now it’s time to go all out and achieve them.

11 Ways to Achieve Your Financial Goals

Whenever we talk about chasing any financial goal, it is usually a 2 step process –

  • Ensuring healthy savings
  • Making smart investments

You will need to save enough; and invest those savings wisely so that they grow over a period of time to help you achieve goals. So let’s get down to ensuring healthy savings.

Ensuring Healthy Savings

Self realization is the best form of realisation and unless you decide what your current financial position is, you aren’t heading anywhere.

This is the focal point from where you start your journey of achieving financial goals.

1. Track Expenses

The first and the foremost thing to be done is to track your monthly expenses. Use any of the expense tracking mobile apps to record your expenses. Once you start doing it diligently, you would be surprised to see how small expenses add up to a sizeable amount.

Also categorize those expenses into different bucket so that you know which bucket is eating the most of your pay check. This record keeping will pave the way for cutting down on un-wanted expenses and pump up your savings rate.

2. Pay Yourself First

Generally, savings come after all the expenses have been taken care of. This is a classical mistake which almost everyone of us do. We pay ourselves last!

Ideally, this should be planned upside down. We should be paying ourselves first and then to the world i.e. we should be taking out the planned saving amount first and then manage all the expenses from the rest.

The best way to actually implement is to put the savings on automatic mode i.e. money flowing automatically into different financial instruments (for example – mutual funds, retirement corpus etc) every month.

Taking the automatic route will make us lose control of our money and hence will compel us to manage in what’s left with us thereby increasing the savings rate.

3. Make a Plan and Vow to Stick with It

Budgeting is the best to get around the uncertainty that financial plans always pose. Decide in advance how spending has to be made.

Advertising

Nowadays, several money management apps and wallets can help you do this automatically. It’s easy and who knows, you may just end up doing what people fail to do.

At first, you may not be able to stick to your plans completely but don’t let that become a reason why you stop budgeting entirely.

Make use of technology solutions you like. Explore options and alternatives that let you make use of the available wallet options and choose the one that suits you the most. In time, you will get accustomed to making use of these solutions.

You will find that they make it simpler for you to follow your plan, which would have been difficult otherwise.

4. Rise Again Even If You Fall

Let’s be realistic. It’s not like the world will come to an end if you made one mistake. This isn’t called leniency but discipline.

If you fail to meet your budget for a month, don’t give up the entire effort just like that. Instead, start again.

Remember that flexible plans are the most realistic plans. So go forward and try to follow your financial goals as planned but if for some reason, the plan gets out of hand for you, do not give up on it just yet. This has a lot to do with your psychology rather than any material commitment.

All you have to do is to stay on the road and vow to stay on it, no matter how much you fall down.

5. Make Savings a Habit and Not a Goal

In the book Nudge, authors Richard Thaler and Cass Sunstein advocate that in order to achieve any goal, it should be broken down into habits since habits are more intuitive for people to adapt to.

Make Savings a habit rather than a goal. While it might seem to be counter intuitive to many but there are some deft ways of doing it. For example:

Always eat out (if at all) during weekdays rather than weekends. Usually weekends are expensive. Make it a habit and you would in turn be saving a great deal.

If you are travelling buff, try to travel during off season. Your outlay will be much less.

If you go out for shopping, always look out for coupons and see where can you get the best deal.

So the key point is to imbibe the action that results in savings rather than on the savings itself, which is the outcome. Focusing on the outcome will bring out the feeling of sacrifice which will be harder to sustain over a period of time.

Advertising

6. Talk About It

Sticking to the saving schedule (to achieve financial goals) is not an easy journey. There will be many distractions from those who are not aligned with your mission. And it would be rather easy to lose the grip over your discipline.

Therefore in order to stay the course, it is advisable that you keep yourself surrounded with people who are also on the same bandwagon. Daily discussions with them will keep you motivated to move forward.

7. Maintain a Journal

For some people, writing helps a great deal in making sure that they achieve what they plan.

So if you are one of them, maintain a proper journal, where you write down your goals and also jot down the extent to which you managed to meet them. This will help you in reviewing how far you have come and which goals you have met.

Use this journal to write down all essential points such as your short term, mid term and long term goals, your current sources of income, your regular expenses which you are aware of and any committed expenses which are of recurring nature.

When you have a written commitment on paper, you are going to feel more energised to follow the plan and stick to it. Moreover, it is going to be a lot more easier for you to follow you and track your progress.

At this point, you should be ready with your financial goals and would be doing brilliantly with savings; now it’s time to talk about the big daddy – Investments.

Making Smart Investments

Savings by themselves don’t take anyone too far. However savings when invested wisely can do wonders and we are at that stage where we will talk about making smart investments.

8. Consult a Financial Advisor

Investments doesn’t come naturally to most of us therefore rather than dabbling with it ourselves, it is wise to consult a financial advisor.

Talk to him/her about your financial goals and savings and then seek advice for the best investment instruments to achieve your goals.

9. Choose Your Investment Instrument Wisely

Though your financial advisor will suggest the best investment instruments, it doesn’t hurt to know a bit about them.

Just like “no one is born a criminal”, no investment instrument is bad or good. It is the application of that instrument that makes all the difference.

Do you remember we talked about bifurcating financial goals in short term and long term?

It is here where that classification will help.

Advertising

So as a general rule, for all your short term financial goals, choose an investment instrument that has debt nature for example fixed deposits, debt mutual funds etc. The reason for going for debt instruments is that chances of capital loss is less as compared to equity instruments.

10. Compounding Is the Eighth Wonder

Einstein once remarked about compounding,

Compound Interest is the eighth wonder of the world. He who understands it, earns it… He who doesn’t… Pays it.

So make friends with this wonder kid. And sooner you become friends with it, quicker you will reach closer to your financial goals.

Start investing early so that time is on your side to help you bear the fruits of compounding.

11. Measure, Measure, Measure

All of us do good when it comes to earning more per month but fail miserably when it comes to measuring the investments; taking stock of how our investments are doing.

If there is one single step where everything (so far) can go wrong, it is at this step – Measuring the Progress.

If we don’t measure the progress timely, then we would be shooting in the dark. We wouldn’t know if our saving rate is appropriate or not; whether financial advisor is doing a decent job; whether we are moving closer to our target or not.

Do measure everything. If you can’t measure it all yourself, ask your financial advisor to do it for you. But do it!

The Bottom Line

This completes the list of tips for you to set financial goals and actually achieve them with not so great difficulty.

As you can see, all it requires is discipline. But guess that’s the most difficult part!

More About Personal Finance Management

Featured photo credit: rawpixel via unsplash.com

Read Next