Posts Tagged ‘Referral Engine’

10 Things LinkedIn Did in 2011 to Help You Recruit Better



Catherine Gutermuth | January 10th, 2012 | 4:33 pm

Catherine Gutermuth2011 was undoubtedly LinkedIn’s biggest year to date: we crossed the 100 million member mark, started trading on the New York Stock Exchange and welcomed President Obama for a town hall on jobs and the economy.  We also spent plenty of time thinking about how we can make Talent Acquisition professionals more productive and successful in their roles, and how we can work with them to revolutionize the recruiting industry.

Before we jump feet-first into the year that’s upon us, let’s take a look back at the biggest milestones of last year. Here are the top ten ways that LinkedIn made you a better recruiter in 2011.

10. We launched LinkedIn.com in seven new languages (including Russian, Turkish, Japanese and Korean) and opened offices in areas where LinkedIn is growing fastest—such as Brazil, India and France. These days, everyone is thinking globally—and as our global focus grows, so do your global talent pools.

9. LTBD (“little things, big difference”) upgrades in LinkedIn Recruiter—such as a redesigned navigation and the ability to browse and filter the networks of your own first-degree connections, automating Lou Adler’s cherry-picking technique—make you more productive in your day-to-day sourcing.

8. Company Status Updates let you communicate directly with your company’s followers on LinkedIn in their network update stream, giving you a new way to build relationships and consistently stay top-of-mind with candidates. How will you use it?

7. Have you ever seen a LinkedIn profile and thought ‘I’d like more just like this one,’ or do you have a superstar employee that you wish you could just clone?  Similar Profiles in LinkedIn Recruiter lets you do just that—using an algorithm to source profiles similar to that of any individual on LinkedIn—and helping you find quality candidates you wouldn’t have found before.

6. Also new in LinkedIn Recruiter: the Hiring Manager feature alleviates friction in the sourcing process, letting you effortlessly share interesting profiles with your hiring managers and get quick feedback from them.

5. Most passive candidates don’t have an up-to-date resume, so even if they see a job that interests them, they likely won’t apply. Apply with LinkedIn changes all that by letting professionals apply for jobs simply using their LinkedIn profile—helping you attract active and even passive candidates to your jobs.

4. Employee referrals are most companies’ largest and highest-quality source of hire. Referral Engine revolutionizes referral hiring, making it easier than ever for your employees to participate in employee referral programs by suggesting quality referral candidates from their networks using our matching algorithms.

3. A slew of jobs improvements make your jobs more targeted to relevant candidates and increase jobs’ virality and reach: through automatic personalized job recommendations to job viewers via email, one-click sharing of jobs to social networks, Groups, and individuals from Recruiter, and the addition of “Jobs You May Be Interested In” to the LinkedIn homepage network update stream.

2.  LinkedIn crossed the 100 million member mark in March, and there are now more than 135 million members on the site—with professionals joining at a rate faster than two new members per second. What does this mean for you?  An ever-growing pool of passive candidates waiting (and willing!) to hear from you.

1. At Talent Connect Las Vegas, to a cheering crowd of more than 1,800 professionals in Talent Acquisition (and thousands more watching via live stream), our CEO Jeff Weiner announced Talent Pipeline. Most of our customers tell us that they track talent leads with out-of-date spreadsheets or other disorganized, ad hoc methods—but Talent Pipeline will give you a single place to grow, track, and stay connected with all of your talent leads, whether you sourced them on LinkedIn or not.

Rest assured that we have plenty more up our sleeves in 2012, and you’ll be the first to hear about it here on the Recruiting with LinkedIn blog.



 

Turbocharging your Employee Referral Program with the power of the LinkedIn network



Andrew Hill | November 3rd, 2010 | 9:28 am

andrewhill

LinkedIn is focused on connecting talent with opportunity at massive scale. Today, we’re proud to announce the upcoming LinkedIn Referral Engine (coming in 2011), which will connect companies with the best talent resource they have—the thousands or millions of people their employees already know.

Employee referral programs are one of the most effective ways to hire and the leading candidate source by volume.  Referral hires typically perform better, stay in their positions longer, and even cost less to hire.

However, most referral programs aren’t as effective as they could be. To make a referral, an employee must:

  • Be aware of open jobs. Hiring needs constantly change, and some companies have tens, hundreds, or even thousands of open positions. How can an employee help fill a job she doesn’t even know is open?
  • Identify a good candidate. Most people think about only a fraction of their networks on a regular basis. How many talented professionals do employees overlook just because they aren’t top of mind?
  • Know how to act quickly. Many referral processes are confusing or communicated inconsistently over time. What if it only took 2 clicks to refer someone?
  • Referral Engine taps into the power of the world’s largest professional network to break down these barriers and help your employees deliver the very best talent they know. Referral Engine:

  • Recommends the best candidates for open jobs. Our powerful algorithm recommends the best candidates by looking at all your employees’ contacts through the lens of your open jobs. Employees then apply their own judgment to refer only the best of the best.
  • Simplifies the referral process. Recommendations are delivered right to your employees via email or the LinkedIn homepage, and they can contact a candidate or make a referral in just a few clicks.
  • Keeps referrals top-of-mind. Periodic reminders with specific suggestions make sure employees are thinking about referrals consistently. Since many of your employees are already networking on LinkedIn, Referral Engine allows you to tap into thousands or millions of their connections instantly.
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    LinkedIn is working in partnership with Accenture, a global thought leader in referral hiring, to pilot the product and ensure that we get the final details right. Sjoerd Gehring, Accenture’s global social media and employee referral lead, said, “It’s incredibly important that we get referral hiring right. LinkedIn Referral Engine is a huge piece of our strategy for increasing referrals at Accenture.”

    Needless to say, we’re excited, and we look forward to sharing more about Referral Engine in the coming months!

    Learn more about LinkedIn’s Referral Engine.