Blog

How LinkedIn Saved Microsoft £60,000 in Recruitment Fees

LinkedIn! Usually dubbed a Facebook for Grownups has been actually growing into a fantastic tools for Corporate Recruiters.

Recruitment Agencies have also attracted high calibre candidates from using the Social Media site and recruiters who have been consistently hiring via LinkedIn, tend to fill a lot of their jobs faster or get referals from connections.

Last week, Microsoft announced that they saved £60,000 of recruitment costs from using LinkedIn.

According to ComputerWeekly:

LinkedIn’s business value was highlighted when Microsoft asked a member of its IT recruitment staff to put together a team to reverse-engineer viruses.

Microsoft saved an estimated £60,000 and was able to source candidates with specialist IT skills from across Europe.

Declan Fitzgerald, IT recruiter at Microsoft, said he had to find nine techies with skills in the rare Assembly and X86 software languages.

He said through normal methods such as advertising and recruitment firms he would have struggled to find people with these niche skills. But through LinkedIn searches he filled seven out of nine positions.

Actually, the £60,000 saved was in direct recruitment company fees. At the moment, LinkedIn gets one million new members every 17 days and has 10 million members in Europe.

Other major recruitment cost savings mentioned are that of Indian IT supplier HCL which has saved £300,000 in recruitment fees in a year, and brewer SAB Miller saved £1.2m in a year in recruitment fees by employing 120 people directly from LinkedIn.

While this trend is quite common within the IT recruitment industry, it will be interesting to get some real time statistics of cost savings from other major recruitment industry sectors.

From my recruitment experience, I have found and placed great candidates from using LinkedIn in diverse sectors and welcome recruiters and professionals to connect with me on LinkedIn.

How to Use Twitter to Search for Jobs

Twitter is the buzzword of 2009.  Twitter is a free social networking and micro-blogging service that enables its users to send and read each others’ updates, known as tweets. Tweets are text-based posts of up to 140 characters, displayed on the author’s profile page and delivered to other users – known as followers – who have subscribed to them.

Twitter users post updates on Twitter that are displayed on the user’s profile page and delivered to other users who have signed up to receive them.

Companies and job boards are now posting job openings on Twitter, and job seekers can network through Twitter to help facilitate their job search and also retweet the jobs to their followers.

Quite a few sites have recently been launched that are allowing users search for jobs via Twitter. I will mention them here, and will do a detailed review at a later post.

TwitterJobSearch.com is a job search engine that searches Twitter for jobs that match the keywords that you enter. Founded by

JobAngels is a grass-roots movement asking you to simply help one person find gainful employment. It can be a friend, a family member, a colleague or a total stranger.

More and more employers and recruiters are using Twitter these days. Leading companies like IBM, RBS, PepsiCo all have twitter job accounts. Even job boards are using twitter, eg Jobsite.

Many other companies have a corporate presence on Twitter. Users can search by the company name to find them and engage with them.

Introducing Social Recruiter – Future of Recruiting

I am introducing Social Recruiter, an online resource that will provide information and advice on Social Recruiting in the UK and globally.

Hopefully, I will be engaging with Corporate Recruiters, Hiring Managers and Recruitment Consultancies on how to attract candidates by effectively using Social Media.

You can network with me on LinkedIn and follow me on Twitter.