As business networking platform grows in reach, new research explores ways it can improve hiring
Love it or hate it, LinkedIn has become the ultimate online business networking resource. With 810 million global users, 40% of them logging in daily, the social media giant has become a critical tool for recruiters.
In the Asia-Pacific region, LinkedIn usage is growing. Last year it became the network’s largest region, with 201 million users.
Perhaps one of the most important functions of LinkedIn for organizations right now is the ability to proactively recruit during an unprecedented talent shortage. In fact, some predict that LinkedIn will eventually replace the old CV.
Hiring managers who use the platform for recruitment say it’s a valuable tool for approaching passive candidates, with “shoulder tap” InMails receiving response rates of 34%.
In December, New Zealand announced that it was expanding its Green List to include more workers in a bid to address ongoing labour shortage across the country.
Another time-saving function for employers is the ability to “cyber-vet.” Many recruiters already use LinkedIn profiles to find information that supports or contradicts a candidate’s CV information, but there is much more to learn from profiles.
A recent study from EHL Hospitality Business School (which operates campuses in Switzerland and Singapore) suggests some of the ways hiring managers can garner for information from a person’s LinkedIn profile. (The lead author of the research paper is Sébastien Fernandez, an associate professor of organisational behaviour at EHL.)
The paper identified 33 LinkedIn indicators that may signal certain personality traits and tell recruiters what kind of person that individual is and how they will fit in with the company. Among the personality traits examined, the researchers found that a person’s openness to experience, level of conscientiousness, and level of extraversion and agreeableness could all be indicated by the way they use, or don’t use, certain functions on their LinkedIn profile.
In November, LinkedIn released its latest Global Talent Trends report.
Here are some of the signals examined by the study, grouped by the personality trait they may reveal.
Open to experience
Conscientious
Extraversion
Agreeableness