RSS

LinkedIn a Talent Economy

02 Jun

Innovations in technology change the whole face of the world. Operation of organizations changed and with its effect the search for jobs and recruiter activities were also changed within the period of ten years. According to a survey report of Social Media Examiner, about Eight Nine percent of companies planned to use Social media platform in the beginning of the year 2011. This trend has a big shift in the professional life of individuals and recruiter firms.

In the older times, organizations with high capital and resources had a winning impact. Resources would help organizations in building heavy infrastructure and marketing budgets while capital help in financing big projects and diversifications. Today’s paradigm of competition has changed overall with the introduction of the technology and the globalization. Both factors accelerate change in business environment worldwide.

In the era of fast business environment, talented workforce seemed to have his curial part. In the world of economic recession and unemployment, talented workforce has been in great demand. Professional recruiters have number of tools and services which are so widespread and powerful that they changed the career building aspect overall. Professional and potential candidates gathered and branded themselves on social media networks like LinkedIn. They updates their profiles, enhance their connection peers. This benefits the recruiters in having access to quality of information of talented workforce at large scale. LinkedIn study report reveals that about Sixty Five Percent of employed respondents are actively involved in job hunt and peering while Thirty Five percent are passive in behavior.

Current trends changed the face of International Recruitment consultants, as talent is the significant factor for business. Social media is offering an entirely different platform for potential candidates. About Nine Thousand corporate search for social media networks for recruitments solutions in which LinkedIn is at top. Recent example for this change of recruitment is Wal-Mart, has hired its senior team from Asia through LinkedIn network and saved three million dollars.

The top ten recruitment experts of world shared business of one million in providing recruitment through LinkedIn profile views. Smart organizations realized the fact that individual correlation through LinkedIn makes them more unbolt to career opportunities. Organization hunts for potential talent workforce in specific industry, demographics by looking in to the employees’ profiles among existing employees. This will increase the competency in the job market but also in companies’ staffing. And there would be no reason for post to go vacant through this talent economy.

 Summing up all, about One Hundred and Fifty Million professionals have chosen LinkedIn social media and more are getting started. Recent updates shows that Six Hundred Fourth Million professionals worldwide and three billion workforces are on LinkedIn across the globe. LinkedIn transform the professional direction towards carriers, way organizations effectively acquired talent and competition in the industries.

 
5 Comments

Posted by on June 2, 2012 in Brands

 

Tags: , , , , , , , , ,

5 responses to “LinkedIn a Talent Economy

  1. Web Site's avatar

    Web Site

    June 13, 2012 at 7:31 am

    Great stuff. This can be a successfull web page that every person need to try and model their very own on. Superior work preserve it up.

    Like

     

Leave a reply to Web Site Cancel reply