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.

For simplicity LinkedIn can be described as ‘Facebook for professionals’. Funny definition right? Yes, its intentional… If you are a professional and you want to be known for what you are good at, then you need a LinkedIn professional profile today. As more people sign-up on LinkedIn, it is becoming a data-rich talent pool for professionals today.

The editors at Masters In Human Resources Degree Guide decided to research how LinkedIn is revolutionizing the world of recruiting and they came up with the infographic below, have a good read

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

The number of users on Linkedin

200+

The number of countries in which LinkedIn users live

77% of all job openings are posted on LinkedIn.

84% of recruiters post jobs on Linkedin and nowhere else on social media.

50.5%

The percentage of Linkedin users who have complete profiles

0-2 HOURS

The amount of time per week most users spend on LinkedIn

LinkedIn works in the opposite direction from most social media networks. The masses supply their information so that the choice few in recruiting positions can engage them.

GLOBAL JOB BOARD

77% of all job openings are posted on LinkedIn.

84% 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

The amount it costs to recruit and hire the average employee in the U.S. (not including training).

Only 3% of all recruitment spending goes toward job networking sites.

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.

89% of recruiters have filled a 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

RECRUITING AGENCY

How long will recruiters continue to spend more on job boards and recruiting agencies when Linkedin delivers more recruits at less expense?

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% 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.

GLOBALIZATION 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.

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%

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.

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