LinkedIn may have many tools but the most useful of all is Talent Solutions. The social network’s 65% of annual revenue is generated from this feature, which provides a way for professionals to show their expertise and their relevant experience which then comes into the notice of the recruiters and thus hiring takes place.
LinkedIn has recently published a new blog post in which they talked about how artificial intelligence is being used to improve the recruitment systems. Currently, the platform is hosting around 20 million jobs. There have been technical improvements leading to an increased number of InMails sent to the appropriate candidate.
LinkedIn stated that they were able to increasingly improve their key business metrics using the evolving modeling approaches. In the last two years, the InMails acceptance number have been two times more. Though accepting InMails does not mean jobs have been granted but it only shows the improved performance of a LinkedIn’s tools, which are benefiting the users.
Furthermore, millennial job seekers’ stats and the way the platform is used by them also have been published by the platform. The number of millennials on LinkedIn is increasing three times more than any other age group and they are also more inclined towards changing jobs, at double rate than the rest. According to Blair Decembrele, Director, Global Integrated Marketing Communications & Linkedin Career Expert, 64% of millennials want the kind of job they can be proud of when telling about it, whereas 41% of the professionals using LinkedIn think any job that does not require you to sit 9 to 5 rather provides more flexibility is an actual good job.
In 2013, LinkedIn demonstrated how its tools can be helpful in guiding and setting career paths for the people, depending upon their interests, location, education, etc. The users were expected to enter their key details on their profile and then LinkedIn in a realistic manner would help them in achieving their set goals, telling about best possible opportunities, educational advancements and other information based on real-world examples.
Now that it has 630 million registered members as the insights are expanding, such capacity is becoming more real and accurate. Though some more tools have been tried by the platform as LinkedIn University Finder but still have not been able to reach the desired level of providing relevant data matches.
LinkedIn does not seem to capitalize on these available insights but it is expected that it would soon be the most important HR and recruitment platform.
Read next: The Ever-rising number of Fake Profiles on LinkedIn is Highly Concerning!
LinkedIn has recently published a new blog post in which they talked about how artificial intelligence is being used to improve the recruitment systems. Currently, the platform is hosting around 20 million jobs. There have been technical improvements leading to an increased number of InMails sent to the appropriate candidate.
LinkedIn stated that they were able to increasingly improve their key business metrics using the evolving modeling approaches. In the last two years, the InMails acceptance number have been two times more. Though accepting InMails does not mean jobs have been granted but it only shows the improved performance of a LinkedIn’s tools, which are benefiting the users.
Furthermore, millennial job seekers’ stats and the way the platform is used by them also have been published by the platform. The number of millennials on LinkedIn is increasing three times more than any other age group and they are also more inclined towards changing jobs, at double rate than the rest. According to Blair Decembrele, Director, Global Integrated Marketing Communications & Linkedin Career Expert, 64% of millennials want the kind of job they can be proud of when telling about it, whereas 41% of the professionals using LinkedIn think any job that does not require you to sit 9 to 5 rather provides more flexibility is an actual good job.
In 2013, LinkedIn demonstrated how its tools can be helpful in guiding and setting career paths for the people, depending upon their interests, location, education, etc. The users were expected to enter their key details on their profile and then LinkedIn in a realistic manner would help them in achieving their set goals, telling about best possible opportunities, educational advancements and other information based on real-world examples.
Now that it has 630 million registered members as the insights are expanding, such capacity is becoming more real and accurate. Though some more tools have been tried by the platform as LinkedIn University Finder but still have not been able to reach the desired level of providing relevant data matches.
LinkedIn does not seem to capitalize on these available insights but it is expected that it would soon be the most important HR and recruitment platform.
Read next: The Ever-rising number of Fake Profiles on LinkedIn is Highly Concerning!
