Monday, May 2, 2011

LinkedIn Edges Out Want Ads As Job Search Tool for Millennials


LinkedIn is succeeding on its mission to finish the conventional newspaper ads as a reliable job hunting criteria and setting up its own trend. A survey was conducted which calculated the onion of millennials who are in their last year and will soon graduate from college. It stated that 28% of these millennials intend to begin looking for a reliable job via the LinkedIn network.
This survey was conducted by ‘I Love Rewards and Experience Inc.,’ who also published a report afterwards clearly indicating towards the trend change which has taken place. It showed that last year only 7% were hoping to get a job via LinkedIn network. On the other hand, this evaluation was further satisfied by the proportion millennials who actually looked through newspaper and are hopeful to find a job from there. This was a decline from last year’s 34% to 28% this time.

The basis on this survey was conducted were very transparent as it took place in February and almost a poll of total 8,088 respondents was recorded. Among other statistics, it also showed that 73% of total millennials will be hopefully searching for a full-time employment right after their graduation.
Than it was also calculated that these millenials who are hopefully to find a job don’t really mind the size of the company they might work for. Moreover the published report stated that only 64% of the millennials who are hopefully going to get a job plan are intended to work at the same place for just two to five years before they start looking for another new job. While proportionally 24.1% claim that they have intentions to stick with the same employer for more than 10 years of their career ahead.
Razor Suleman, the C.E.O. and founder of I Love Rewards, this divergence in the survey result has developed a huge opportunity for large companies to contact and please their upcoming future new employees. He said that when “You leave 3.5 years on the table,” and went on explaining that only after that “you spend the first six to 12 months just showing them the ropes.” Suleman also pointed out that now the time has come that companies will have to actually portray their better image among these millenials in order to attract them to want at their place, as he stated that “The hunted are now the hunters. The top engineers know where they want to work and they’re finding you.”

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