Nov 26, 2018 / By Kennet Alphy
Planning for a new resume is not like planning for a new bike. This results in confusion. As someone who writes a lot of executive resumes, their client’s expectation is the overall map. Some expect a resume to cost 6,000 – 12,000. And with this uncertainty, it’s hard to evaluate the price you’re going to give.
So, What Should an Executive Resume Cost?
The resume writing industry is highly fragmented. Most resume writers are individuals, they often work from home. They have their own hours, rules, policies and pricing. This resulting in a great range of pricing but the quality may not be up to the Recruitment market standards. Generally, the most skilled and well-known writers and resume services will have higher fees structure than those who are new to the profession or whose services are less in demand and quality.
Overall view is that a strong executive resume (without extras such as cover letters or LinkedIn) should cost somewhere between 3000/- to 8000/-.
It’s important to note that pricing isn’t everything when it comes to developing an executive resume, and to choose the writer. If you find a great writer, you can start your job search and they will take care of your resume development which is going to be a sure one-shot hit in the interview, since the writer knows the tactics of writing a resume which going to crack through the ATS and Hiring manager, and which you think they charge more?! Just think of, how many days of employment would it take for you to cover the cost of that new resume?
How to Calculate Your Resume ROI
Here’s a very rough way to estimate the payback time for your resume. An average work in a year, taking into account holidays, weekends and vacations, is 2,000 hours, some might work more than that. So, to calculate your hourly rate, just divide your salary by 2,000.
Now multiply that by 8 and you’ll have your base daily salary.
Now can’t you imagine the price your investing on your resume is making you earn better in future? Then why waiting go for your Executive resume.
How should you Choose your resume developer?
Eventually, an executive resume is a mandatory investment like any other major investment. You generally get what you pay for and choosing the lowest-priced service may well leave you with a very poor ROI. For this reason, I recommend taking a well-rounded approach to the choose your resume writer by evaluating experience, work quality, fit, process etc. along with price.
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