2. LinkedIn: A global pool of talent
3M+
INDONESIA
2M+
PHILIPPINES
1M+
MALAYSIA
1M+
SINGAPORE
1M+
SAUDI ARABIA
18M+
BRAZIL
100M+
UNITED STATES
OF AMERICA
9M+
CANADA
24M+
INDIA
6M+
AUSTRALIA
1M+
NEW ZEALAND
3M+
SOUTH AFRICA
1M+
UNITED ARAB EMIRATES
16M+
UNITED KINGDOM
8M+
FRANCE
7M+
ITALY
2M+
BELGIUM
1M+
DENMARK
3M+
TURKEY
5M+
NETHERLANDS
1M+
SWEDEN
6M+
SPAIN
313M+ Members
worldwide
+2 New members per second
5M+
CHINA
>2 New members per second as of 4/18/14 based on internal estimates
186M Monthly unique visitors for Q1 ’14 according to comScore using LinkedIn + SlideShare
http://press.linkedin.com/about
LinkedIn is the only place on the web where you can recruit both passive and active candidates
Traditional job boards provide access to only the 20% of professionals who are actively looking
LinkedIn provides access to both these, and the over 80% of passive candidates who are not actively searching on job boards.
Many of these members are the people you’re interested in hiring, and you are already hiring people who are on LinkedIn
We know this because we can track every time a member changes his or her profile to your company
Active candidates are also an important source of hire, but LinkedIn helps you access BOTH these candidates and these tens of millions of passive candidates can’t be reached anywhere else.
They’re on LinkedIn because we provide them with the tools to help our members show the world who they are, benefit from who they know, and build on what they know so they can accomplish more in their professional lives.
Implementing this core solution will help to develop your talent brand, strategically source, and target the right candidates with opportunities.
There are three key things companies do to dramatically increase their hiring effectiveness on LinkedIn:
The first is using LinkedIn to find and engage the very best passive talent. Recruiter is the best sourcing tool out there, and recruiting teams are using Talent Pipeline features to become more proactive in managing pipelines of talent. Since organizations typically don’t have the bandwidth to source every hire proactively, it’s critical to be able to scale your recruiting efforts.
The second element of the solution is personalized job targeting. Since we know that your target talent is on LinkedIn, we first need to ensure that all your professional roles are on the LinkedIn network. LinkedIn’s matching algorithm will serve up the right job to the right candidate, to ensure that only qualified candidates will be exposed to your open opportunities.
The third element is developing a talent brand on LinkedIn. Companies are tapping into their employees’ networks and leveraging company pages to promote their brand and attract talent.
These aren’t three independent pillars, but rather three elements of a single solution that reinforce one another.
When companies post all professional jobs on LinkedIn, these jobs make their employer branding content more relevant for each candidate.
Likewise, communicating a rich talent brand and leveraging employee profiles to connect with candidates creates a more compelling reason for candidates to apply to your job postings.
Finally, when candidates understand what opportunities are available and have encountered your employer brand, they’re much more likely to respond to outreach from your recruiters, which makes your team’s proactive sourcing efforts more effective.
Adopting this holistic strategy will help an organization to hire more of the right candidates for their roles.
InMails sent by your Recruiter users.
InMail response rate is the percentage of InMails sent by your Recruiter users that were accepted by the recipient.
Shows the number of unique jobs that were active on LinkedIn for your company each month.
This benchmarks your Career Page Views per 100 employees on LinkedIn in order to compare accurately across companies of different sizes
Passive candidate recruiting is a key to success.
Because LinkedIn is a professional network, it’s home to both passive and active job seekers
Getting passive candidate sourcing right is critical to achieving your recruiting goals
Many of today’s best candidates are not looking for a job
However Recruiting passive candidates requires a very different approach from recruiting active candidates
While active candidates frequent job boards and seek out many opportunities, passive candidates spend their time networking.
They’ll listen to opportunities, but only if it’s the right opportunity for them.
Active candidates are also an important source of hire, but LinkedIn helps you access BOTH these candidates and these tens of millions of passive candidates can’t be reached anywhere else
LinkedIn is the only platform that can help you recruit both passive and active candidates
Talent Flows can help you understand where you’re winning and losing talent, and identify who are your biggest competitors.
LinkedIn’s data and research can help you to understand the drivers of talent departure and how you can improve.
Understand how effectively you are using the platform compared to your peers
Why should you care about your employer brand?
It’s something your talent peers are thinking about and investing in
93% are investing in it this year
Even if it hasn’t been a priority for your company, it is for your peers, and it will impact your ability to hire
2) Why are your peers thinking about it? Having a strong talent brand makes it easier for you to hire talent
A strong brand means that talent is more interested in working at your company
It can reduce your overall cost per hire by up to 50%
LinkedIn can help you measure your employer brand and strengthen it to engage the talent you are looking to hire.
How do you think about your employer brand?
How do you measure/track your employer brand today?
How would you rate your employer brand vs your peers?
How easily would you say you attract talent to your roles vs your peers?
Are there groups where it’s harder/easier?
Who are your biggest competitors when it comes to hiring top talent?
Why are they more effective? Is it related to brand?
How can we measure your employer brand? We start by looking at the reach and engagement you have with external talent
TALENT BRAND REACH: Includes the people who know what it’s like to work at your company—those that are familiar with your company as an employer
TALENT BRAND ENGAGEMENT: Includes the subset of people within your reach who are interested in you as a potential employer
Research shows that people familiar with what it’s like to work at your company are the same people connected to and engaging with your employees on LinkedIn
Research also shows that people who are interested in working at your company are the same ones who are taking that extra step on LinkedIn to learn more: browsing/applying to jobs on LinkedIn, following your company, and visiting your company and career pages.
We use your talent brand reach and talent brand engagement to measure your talent brand index.
Talent brand index measures your ability to engage the potential candidates who know about you. It measures your attractiveness among external talent.
Your talent brand index is x%, and we will use this number to benchmark and compare your employer brand to peers, over time, and across functions and geographies.
We can measure your talent brand index vs your talent peers.
Your competitors to the left of the graph have the easiest time engaging talent– talent shows high interest in them. Your talent peers on the right of this graph have a harder time engaging talent, because of their weaker employer brand.
The stronger your brand, the easier it is for you to attract the right candidates to your roles.
This measures # of engaged members vs peers
However, this measure does not control for company size; the stronger your brand, the easier it will be to attract the right candidates to your roles.
LinkedIn has done extensive research to understand which of our members is familiar with you as an employer, and which of our members are interested in you as an employer. We relate these behaviors back to their activities on LinkedIn.
We asked: how familiar are you with xyzCo as a place to work?
We also asked: how interested are you in xyzCo as a place to work?
We then looked at the people who responded “familiar” or “very familiar” and determined which activities they engaged in on LinkedIn. We found that those who are “familiar” or “very familiar” are 2x more likely to have viewed your employee profiles or connected to your employees. 75% of people who are “familiar” or “very familiar” have engaged in these activities.
We then looked at the people who responded “interested” or “very interested” (a subset of those who are familiar) and determined which activities they engaged in on LinkedIn. We found that those who are “interested” or “very interested” are 44% more likely to have researched your company, followed, or viewed your jobs/applied than those who are not interested. 83% of all people who are “interested” or “very interested” have engaged in these activities.