LinkedIn, the social networking platform for the working world that’s now owned by Microsoft, has leveraged its role as a repository for people’s work profiles into making itself a job hunting and recruitment powerhouse.
The company today has amassed more than 20 million job listings — up from a mere 300,000 five years ago — and sees its 600 million users collectively apply to jobs 25 million times per week. That activity also translates to big business: paid subscriptions specifically aimed at recruiters, paid tiers for average users who want to have more access to contacting people for jobs, job ads and more all contribute to LinkedIn’s bottom line, a business that is projected to hit $6.4 billion in revenues for 2019, growing 27 percent in the last quarter.
Now, LinkedIn is stepping up a gear in the operation. After a two-year effort, LinkedIn is today announcing that it has finally integrated its jobs and hiring efforts and announcing a raft of new features for both.
On the jobs front, they include instant job alerts, a redesign of the Jobs home page, and more salary insights available to all users (including free users), with skills assessments coming …read more
Thank you Source: Social – TEch crunch