Last week was an exciting week in our industry. LinkedIn now has a market cap of approximately 600 times its annual earnings. Expectations are lofty. But, as I have said before, LinkedIn is not the only game in town.
The online recruitment paradigm has shifted and an organization should not put all of their eggs in one basket to source 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.
Here are my picks and comments for last week's more interesting articles as it relates to the human capital industry. I excluded articles related to the LinkedIn IPO. If you would like to read some of those articles, please click here: An Extra Serving of Grandma's Chicken Soup - LinkedIn's Historic IPO
Online Recruitment - Indeed.com opens London office http://bit.ly/jRivCl
The growth of Pay-Per-Click Recruiting internationally.
THE GEOSOCIAL UNIVERSE - http://bit.ly/jGjxZk
The numbers are mind-boggling, but the pace of change is even more dizzying. (Big fan of Infographics!)
Jobs Harder to Find as Natural Unemployment Shifts - Finance and Accounting Jobs News and Advice http://bit.ly/j8tCZc
I'm not sure about the "natural" unemployment rate, but I do know that finding quality candidates is a consistent challenge across organizations.
Jobvite Recruits $15 Million In Funding For Social Hiring Applications http://tcrn.ch/lwHIBo
Will the industry see more VC funding flowing into it with the success of LinkedIn's IPO? I think so.
Using QR Codes in Job Search | Guide for Lifetime Career Navigation | Career Sherpa http://bit.ly/kE5E2v
Could QR codes be the Next Big Thing in recruiting? You never know. There are some great links to additional articles related to QR codes in the story. Check them out.
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: firstname.lastname@example.org