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LinkedIn: Revolutionizing The World of Recruiting

Linked in REVOLUTIONIZING THE WORLD OF RECRUITING Linkedin is the social media enigma, the one social media site that seems to have a profoundly stronger impact on companies than it does on its users. For people looking for jobs, Linkedin is still just one part of a very difficult process. But for recruiters? It's a gold mine. It is changing the world of recruiting, and the metamorphosis is just beginning. 200 MILLION 200+ The number of users on LinkedIn The number of countries in which LinkedIn users live in BUT... LET'S TALK, 50.5% The percentage of Linkedin users who have complete profiles 0-2 HOURS Linkedin works in the opposite direction from most social media networks. The The amount of time per week most masses supply their information so that the choice few in recruiting positions can users spend on LinkedIn engage them. GLOBAL JOB BOARD in in in in in in EVERYONE ELSE in in in EXCLUSIVE 77% of all job openings are posted on Linkedin. 48% of recruiters post jobs on Linkedin and nowhere else on social media. RECRUITERS LOVE LINKEDIN. It has changed the way jobs are placed. And we really have seen just the tip of the iceberg. $3,500 Only 3% of all recruitment spending goes toward job networking sites. The amount it costs to recruit and hire the average employee in the U.S. (not including training). 10% of jobs are filled using job networking sites (most notably, obviously, Linkedin). 73% of recruiters filled a position using social media in 2012, a 15% increase from 2011. of recruiters have filled a 89% position using Linkedin at some point in time. 97% of all HR and staffing professionals use Linkedin in their recruiting efforts. NOW WITH HIGHER RATES How long will recruiters continue to spend more on job boards and recruiting agencies when LinkedIn delivers more recruits at less expense? RECRUITING AGENCY Not long: Linkedin rates are expected to raise rates on recruiters in 2013, between 4 and 9%. INCREASED HONESTY It's difficult to lie about one's experience when every contact you've ever known can view what you've posted about your professional exploits. 80% GLOBALIZATION The number of users on Linkedin who aren't currently seeking employment. Recruiters can pick and pursue the candidates of their choice, people who aren't even looking for work. Case in point, Etisalat in the United Arab Emirates, contracted with LinkedIn to transform their hiring services. Linkedin has the ability to impact the job hunt well beyond this nation's borders. SOCIAL RECRUITING 37 MILLION Linkedin users to begin 2009 187 MILLION Linkedin users to end 2012 54% of recruiters use twitter to search for candidates 66% use facebook to recruit 93% in use LinkedIn All recruiting professionals are aware (though a pesky few still resist) that Linkedin has been a major influence in the industry. But with a greater ROI than just about any other source than internal hiring programs, LinkedIn has the potential to completely revolutionize how companies fill their vacancies. The tides of change are already swelling-look for a tidal wave in the coming years. And please, for the love of all that is good, complete your profile. SOURCES: will-be-the-1-recruiting-portal-of-the- future/ user-statistics-network-profiles-groups- applications/ Group-Chooses-Linkedin-to-Transform- Talent-Acquisition nReachRankingsReport%20Final_1.pdf announces-plan-to-raise-recruiter-rates/ [9] Nov-2011+PRN20111117 Social_Recruiting_Survey.pdf; recruiting-room-run/25009/? ticker=LNKD&source=eogyholnko000001 created by oBizMedia

LinkedIn: Revolutionizing The World of Recruiting

shared by obizmedia on Mar 19
LinkedIn is the social media enigma, the one social media site that seems to have a profoundly stronger impact on companies than it does on its users. For people looking for jobs, LinkedIn is still ju...



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