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Is Linkedin The Death Knell Of Recruitment As We Know It?

Guest post by: Logan Nathan

Article Overview: With the LinkedIn network growing to 100million, the next natural question to ask ourselves would be - With most of the world's professionals "Linked In" one network, how much more time do we have left, before LinkedIn revolutionises the recruitment and redefined how companies hire employees?

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Is Linkedin The Death Knell Of Recruitment As We Know It?

When LinkedIn opened its first office in Australia in January 2010, Steve Barham, the Director of Hiring Solutions predicted that most of Australia's workforce would be covered by LinkedIn. By June the same year, 15,000 new people had signed up as members. On the flip side recruiters Rio Tinto, HP and Vodafone Hutchison were among the first to sign up for LinkedIn Recruiter a new product that was rolled out. The seriousness with which this social media business portal is targeting the recruitment industry is evident from Global CEO, Jeff Weiner‘s observation that the recruitment solutions division is LinkedIn's biggest and fastest growing division. A wake-up call to recruiters

The growing popularity of Linkedin is a wake-up call to recruiters who need to revaluate and fine tune their online recruiting strategies. While LinkedIn should be seen as an additional channel rather than a replacement for traditional online recruitment, it provides recruiters a cost efficient outlet to help them promote their brand and also reach a much wider pool of quality candidates than what was possible using traditional online and offline media. To add even greater value, technological advancements that allow recruiters automate posting of jobs and also track responses have made portals such as LinkedIn an even more attractive proposition to recruiters.

Social proof - the new age alternative to referrals

Allowing members to post detailed resume style profiles enhances their LinkedIn social networking experience as recruiters are able to assess potential talent easily and can shortlist candidates that could match their requirements. The shortlisted candidates could be contacted directly or be passed on to a recruiter to complete the interview process.

Once the interview process is complete, recruiters call for references from candidates, and often the final decision hinges upon how candidates are scored by the referees. LinkedIn offers the social proof option where recruiters can view "recommendations" made by colleagues, previous employees and business affiliates on the any profiles they may find interesting. This way the strengths of potential candidates can be identified and matched to the requirements of the position that needs to be filled.

One of the most significant benefits that LinkedIn provides is to inform members who the contacts of their direct connections are, and provide access to information about their place of employment, their job title and their professional interests. This information makes it convenient and easy to connect with such contacts for a position that needs to be filled.

Countering the escalating cost of traditional media

With traditional media costs escalating many businesses are turning to online recruiting to find candidates. LinkedIn also offers a paid option to recruiters who are willing to invest to find candidates that they would otherwise find difficult to source. On payment of a fee, recruiters can post jobs on LinkedIn to recruit such hard to find candidates. The value that is offered is the ability to combine job listings, searches, referrals that are trustworthy and the power of social networking to deliver results in hours instead of days.

Climbing the learning curve

Just like any other process there is a learning process associated with using LinkedIn as a recruiting tool. For instance it's a good idea to get in touch with warm leads from direct contacts. Warm leads are pre-qualified and calling them is far more effective than cold calling. It's quite likely that an unknown person will not call back, and if at all the call is returned the likelihood of a worthwhile lead being provided is rather slim. On the contrary the direct connections of first level contacts are a great source of warm leads. First level contacts can suggest which of these are most qualified and a recruiter can then up and recruit them. To cement relationships with these new contacts, it's important to connect with them directly on LinkedIn. Even if they don't end up as employees they could be potential candidates for future job openings. Repeating this process will result in a recruiter building a huge database of prospects that are more likely to be the right fit for the recruiter.

Another strategy that many recruiters overlook is building a private network of "tip-toe" contacts. There are always people who tip-toe or get the itch to check out jobs to see if anything catches their eye. Generally they would first look at their primary LinkedIn contacts to check out what's available. By telling everyone in their network that they would like to talk to these people, recruiters can get the first crack at finding quality candidates.

Here are additional tactics to use for recruiting candidates:

LinkedIn is a great recruitment tool, but is of no use if recruiters cannot be found. Recruiters should ensure that their profiles are made public so they can easily be found by candidates.

In the final analysis the power of LinkedIn lies in the ability of reaching a wider pool of talent through a network of established contacts, a process that is a refreshing change to finding "cold" candidates through job ads, both offline and online. While traditional forms of recruiting are likely to continue in the near future, the day could not be far when social media portals such as LinkedIn could eventually usher in a new era in the recruitment industry.

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Home > Personal-Finance > Logan Nathan > Is Linkedin The Death Knell Of Recruitment As We Know It >
Article Tags: LinkedIn, networking, Recruitment, search, Social Media

About the Author: Logan Nathan
RSS for Logan's articles - Visit Logan's website

Logan Nathan is based in Sydney, Australia is an Internet Marketer and specialises in Social Media Marketing. He is an authority on Social Media and has released his ebook which can be found at http://TwitterSecretsforYourBusiness.com and currently working another ebook on Social Media for Business, which is expected to be released soon.

Logan Nathan has recently released a Social Media web tool http://tweetmyevents.com, which is his own creation. Tweet My Events is a real-time event sharing platform for the Social Web. With this free service you can broadcast your events to the world through Twitter, Facebook, and more. TweetMyEvents focuses on creating the best possible user-experience for social media users

 



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