The buzz around the pending LinkedIn IPO is generating a lot of buzz around the human capital industry. I love LinkedIn. I spend quite a bit of time on LinkedIn each and every day for professional networking and business development purposes. It is a major tool for corporate human resource professionals and staffing professionals. The recruitment revenue generated by LinkedIn is driving its' valuation. But, I do not think it is a panacea for finding qualified talent.
The online recruitment paradigm has shifted and an organization should not rely on just one or two sources of finding candidates. There are a number of new and innovative ways to find quality candidates.
The way job-seekers are searching for career opportunities is changing too. They are using Google, social networking sites, and job search engines to seek out employers of choice. This is a good thing. HR professionals and recruiters MUST adapt.
Hopefully, some of these articles will help you determine what might be right for your organization or give you a better feel of what is happening out there.
Is a Public Linkedin Positioned Against Recruiting Firms? http://t.co/5DZk5kl
I seem to recall a similar discussion in 1997 when The Monster Board was gaining significant traction in the recruiting space.
Recruitment Drives LinkedIn Revenue as Company Nears IPO - ERE.net http://bit.ly/kjHcLp
WOW! That is quite the valuation on the upper end of the price valuation.
.Jobs Manager Accused of Bad Faith Negotiating - ERE.net http://bit.ly/iM5qvs
Back and forth....back and forth.
EB Forecast 2011 | RecruitingTrends.com http://bit.ly/marJtW
Great quotes from talent acquisition executives regarding employment branding.
Job openings rise to highest level since Sept. '08 - Boston.com http://bo.st/jRJwzK
Positive job news. Surprised to see that job openings fell in the professional and business services sector.
***The HireClix team is looking forward to hosting The Facebook Recruiting Breakfast Seminar in Cupertino, CA today. http://bit.ly/kCcUuw
Please check out the HireClix Facebook page later today for photos from the event! https://www.facebook.com/hireclix
If you agree or disagree with any of my comments, please let me know. If I missed any great articles, please send them along. Feel free to email me. You can reach me here: scott.ryan@hireclix.com
Scott,
Good article... This has been a long time coming! I have watched this for some time. I believe it will be like Visa's IPO a few springs' ago. I am ready!
Here is another article from the local news: IPO alert: LinkedIn set to begin trading on Thursday
Regards,
Hi Jay,
Thanks. It should be fun to watch. We haven't had a great IPO in the recruiting space in quite some time. Thanks for the link to the article as well.
Scott
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