Companies LOVE When You Know How To Say You Save Money On Resume!

February 29, 2024 by Kazu Fujimoto

Companies and corporations love to save money so it’s important that you know how to say you save money on resume.

Quantifying your results and accomplishments is one of the things that I see clients struggle with the most when writing their resumes. They struggle with this because they were never taught. Who can blame them? We don’t ever learn about quantifying our results and accomplishments in the traditional schooling system. You need to go above and beyond to be able to figure out how to do this. Let’s dive into how to say you save company money on resume.

What are some ways I can say that I save company money on resume?

You will have to learn how to frame your experiences in a manner such that you specify how you saved the company money.

For example, you could be in product development of an existing product and you find that there’s an inefficiency in the manufacturing process.

You suggest incorporating specific tooling and manufacturing practices such that you decrease the manufacturing lead time of the product by a day.

Now that you know you saved the company a day, you can make an estimated cost on overhead, labor, etc.

Example

For example, say you had technicians physically creating this product for you – this means that the company has to pay them an hourly wage. You essentially save the company an entire day’s worth of their wages through the implementation of your change.

If the employee made $30/hr and works 8 hour shifts, you saved the company $240/day.

Saving the company $240/day doesn’t sound like much?

How about if we change that to weeks?

or per year?

$240/day translates to $1680 per week or $87,360 per year.

So a bulletpoint that you can state on your resume would be:

• Led the product development of consumer goods and implemented manufacturing process changes, resulting in a cost savings of $87,360 per year

Take the example that I have laid out for you, and spin your own experience into something similar!

Why is it important to specify that I save money on resumes?

At the bottom line, it is important for a company to be profitable. As a result, companies and corporations need to consistently be thinking about ways to become more “lean”. “Lean” is referring to a set of Manufacturing principles and standards that set forth a certain way of doing things. Lean practices ultimately aim to reduce waste.

You’ll see terms such as Lean 6S, or Six Sigma Green / Black Belt, and they all come from the fundamental reason that companies need to practice Lean Manufacturing methods to save money.

When times are tough economically, companies are trying to stay ahead of the game by cost cutting measures. Examples of cost cutting measures are cutting back on employee activities, reducing headcount, postponing annual merit increases, and so on. It’s not fun, but ultimately companies aim to please their shareholders.

If you work for a public company, take some time to understand certain financials. Understand if the company you’re working for has a lot of cash on hand, is up year over year on operating income/profit, and look at CAPEX costs.

Being able to understand a lot about financials will help you learn how to say you save company money on resume.

Specific phrases to use to save company money on resume:

These are just a few phrases that you can combine with your experiences to create bullet point that frame you in a way that you save money.

Using these phrases also show that you accomplish metrics and that you’re not just a cog in the wheel. You’re creating value and contributing to the corporation using bullets such as these.

Additionally, see how we include quantitative results and accomplishments on your resume.

Does it hurt my chances of getting a job if I don’t know how to quantify my results?

Yes, 100%, if you don’t have quantifiable results and accomplishments on your resume, you will have a hard time getting a job.

Resumes that are submitted in job application are then parsed either by ATS (Applicant Tracking System) Software or by a recruiter.

They will both filter out your resume from a keyword and quantitative results/accomplishments standpoint.

If you really did something that means that what you did has to be measured. If it can’t be measured, was something really done?

What to check for in your resume before submitting it to the employer

From a framework standpoint, the bullet points on your resume should be telling a story. They should be specifying that you made the company money somehow.

Think about it.

If you didn’t make the company money, why should a company even hire you in the first place?

There are many examples to say that you made the company as mentioned above. Frame your experiences using those specific phrases and you’ll have no trouble demonstrating yourself as a value provider.

Closing Thoughts

It’s sad to say this but employees are just line items in a spreadsheet.

Each employee needs to have some sort of contribution and at a high level, they do track the individual contributions of these employees.

Whoever isn’t contributing gets cut.

So from a hiring standpoint, companies need to make sure that the employee that they are about to hire will be able to produce value. They need to make the company money in some way.

Saving money is not a one way street – you can either make suggestions to save the company money OR you can make the company money.

Your choice.

If you need help with how to say you saved the company money on your resume, check out our resume rewrite service.