The boundary between social and professional networks has blurred in the last couple of years. On one hand, LinkedIn has introduced several social features and continues to gain momentum as the world’s largest social community of professionals. On the other hand, Facebook is fast emerging as a modern age hiring tool. Though Facebook remains the undisputed king of all social networks, it has launched several features worthy of a high end professional network. Similarly, though LinkedIn operated as a pure professional network earlier, it has been ringing in the changes to improve its social quotient.
LinkedIn further plans to up its social quotient by launching a new service ‘Talent Pipeline’ next year. The new service will provide a solution for recruiters which will give them the ability to more easily manage all of their talent leads in one place, helping them recruit the best talent more quickly.
Though it’s still early days and it would be interesting to see how things eventually pan out, there’s no doubt the Talent Pipeline may be the trigger to help recruiting firms move from a requisition-oriented model to a more logical talent-oriented approach.
What is Talent Pipeline?
In simple terms, Talent Pipeline is a service that streamlines all the job recruiting elements into a single database of information, which can be searched, organized and monitored. It makes recruiters lives easier as they can import leads and resumes from multiple sources and organizer it as per their preferences. The Talent Pipeline leverages LinkedIn’s massive professional network database thereby aiding in the process of monitoring potential hires.
In-House and External Hiring
Most recruitment solutions till-date either cater to in-house staffing or external hiring. Talent Pipeline claims to do both – it helps recruiters find suitable external candidates and it also lets current employees discover new promotion opportunities within their existing organizations.
Who should use Talent Pipeline?
The obvious question – will it work for my business or company? Is it better suited to larger or smaller companies? Given the limited amount of information available till now, Talent Pipeline looks to be a useful service for any company that wants to optimize its hiring process. To a large extent, it would depend on how LinkedIn pitches it to companies as a part of its hiring solutions portfolio.
Pipeline will be introduced next year as part of the current service, called the Recruiter platform and will also be available separately. Pricing for the service isn’t known at this time.
Pipeline is yet another indication that LinkedIn will continue to ring in changes to be increasingly social. Do you think it’s the right approach for a hiring solution to adopt a social approach? Or would the addition of more social features eventually turn LinkedIn into a social network rather than a professional network. Your opinion is welcome.
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Great post. I have been wondering about this. If I were a recruiter, I would be very excited about using this tool. Potential candidates should take full advantage of this new tool. I wonder what fees LinkedIn will be charging for this new service.
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