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Speculative application: the route to jobs that are never advertised

A large share of positions – especially in SMEs and at management level – is never advertised. A speculative application is therefore not an emergency plan but the most direct access to the hidden market. What counts is precision of aim, a short letter and a follow-up that does not feel pushy.

3 min read Updated: October 2026 Reviewed by the editorial team SECO / RAV aligned

When a speculative application pays off#

Speculative applications work best when three conditions come together:

  • You know the industry and can show that you have solved these tasks before.
  • The company is growing or permanently hiring – skills shortage, expansion, turnover.
  • There is no suitable vacancy, but a function that needs your competence.

Weak speculative applications are mail-merge letters to 200 firms. They end up in the filing tray and damage your name, because HR managers remember.

Finding and prioritising target companies#

Work with a list of 15 to 25 companies, not with a mass mailing. Criteria:

  • Size and structure: SMEs with 20 to 250 employees rarely have an applicant portal and decide faster.
  • Growth signals: new sites, vacancies in other areas, press releases, investments.
  • Fit: products, markets or technologies that you know from your own experience.

Note one concrete connection per company – a project, a news item, a product. Without this line the letter becomes interchangeable.

Structure of the speculative application#

The speculative application follows a different pattern from a response to an advert: you have to name the need first.

  1. Short letter (max. one page): occasion, benefit in two to three sentences, one evidenced result, an offer to talk.
  2. CV: identical to your application CV, with result figures for the last two positions.
  3. One-page profile (optional): competencies and reference projects on one page – helpful for management and specialist roles.

What does not belong in it: a long company history, repetition of the CV, «I am convinced I would be an asset». The letter answers one question: which problem do you solve, and how quickly?

The right contact person#

«Dear Sir or Madam» is the weakest option in a speculative application. A specific person is better:

  • SME: management or owner – that is where hiring decisions are made.
  • Large company: head of HR or the line manager of the target area; for management roles the executive board.
  • Research: website, commercial register, LinkedIn, trade media. A name is enough; the job title should be correct.

If no person can be found: address the function («To the Management»), not «Dear Sir or Madam».

Following up: the step that is often missing#

Most speculative applications are not answered – not out of rejection but out of lack of time. Following up is therefore part of the procedure, not pushiness.

  • After 7 to 10 days a short email or a call: «I wrote to you on … and wanted to ask whether the documents arrived.»
  • Following up once is enough. Twice feels pressing.
  • Accept a rejection and ask for one sentence of feedback – some answer, and the contact remains.

Anyone who sends ten careful speculative applications with follow-up usually has more conversations than with fifty portal applications.

Legal aspects and data protection#

A speculative application is legally a non-binding enquiry – no right to a reply or to employment arises. Points to observe:

  • Data: documents may only be processed for the application procedure. After it ends they must be deleted or returned, unless consent to retention exists.
  • No sensitive details without relevance to the position (health, religion, family planning).
  • Discretion: if you are employed, do not name your current employer as a reference and do not use a company email account for the application.

If the position is advertised publicly and you applied speculatively: apply again – now through the official channel, referring to your earlier letter.

CVStart editorial teamresponsible: Serdar Orhan

The CVStart.ch editorial team is responsible for the guide content on applications, Swiss employment law and pay. The articles are based on statute (CO/OR, ArG, AVIG, BVG), FSO data and feedback from real application practice. Responsible for content and review: Serdar Orhan.

About the editorial team →

Frequently asked questions

Is a speculative application worth it at all?
Yes, especially in SMEs and at management level, where many positions are never advertised. Precision of aim and following up are decisive.
How long should a speculative cover letter be?
One page at most. Three paragraphs: occasion, evidenced benefit, offer to talk.
Whom do I address a speculative application to?
In an SME to management or the owner, in a large company to the head of HR or the line manager. A specific name is always better.
Should I follow up?
Yes, once after 7 to 10 days. Without a follow-up a large share of speculative applications remains unanswered.
What happens to my data after a speculative application?
Documents may only be used for the procedure. Without consent they must be deleted afterwards – request deletion in writing if needed.

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