How do you find great talent for your business? Recruitment firms do a lot of the legwork, but can also cost an 'arm and a leg'. Traditional job sites like Monster may be cheap, but the lack of filtering can mean wading through hundreds of CVs.
So what about social networks? According to new research by recruiting platform Jobvite, the traditional ways are now being challenged by social networks.
Almost three quarters of companies that took the survey in June 2010 said that they now use social networks to hire staff. Unsurprisingly, LinkedIn was top of the social networks for hiring, with 90% of new hires through social networks coming from LinkedIn.
LinkedIn's job search functionality has improved significantly in the last 18 months and provides a simple way for job seekers to find available jobs in their area as well as research companies that they might be interested in working for. The killer feature though, is the ability to use your existing network to find a 'back door' into the organisation that is hiring. Having people recommend you for a position is much more likely to get you noticed.
The survey showed that Facebook and Twitter were also growing in popularity as platforms to advertise open positions on. And with half of those companies surveyed expecting to increase their spend on social media this year, now is the time to look at your own recruiting methods and decide whether social networks might be a more efficient way for you to find your rock stars.
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