There isn't much doubt that LinkedIn represents a very new and powerful way of using the web for sourcing and recruiting talent. It's the first popularly successful example of connecting social networking to business for recruiting purposes and certainly it represents a sea change in how organizations view and invest in their recruiting function.
But exactly how big of a change is it?
I have heard it suggested that LinkedIn is a death knell for the job board industry. That would of course be a significant change (as well as bad news for me) but is it true?
I don't think so.
Let's first remember that employment advertising and branding, just like all advertising and branding is designed to influence decision making at purchase time. That's a process that starts well in advance of the purchase and effective advertising seeks to get messaging about product top of mind with the purchaser so that at the correct time they are more likely to consider and/or buy your specific product.
When it comes to employment advertising the goals are the same. Yes, of course posted opportunities will get applicants who are currently looking for work and just happen to see your job and apply, but there is also a process of enticing passive candidates and top talent for your business that goes beyond the number of applicants for a position.
Top talent, when looking for work is going to start by identifying the companies and positions that they want to work for. The criteria by which specific organizations will depend on the individual but in the case of diversity specifically may include questions such as the inclusiveness of the organization, opportunities for career advancement and ... You want your organization to be included in this short list of potential employers and the only way to do that is through employment branding and advertising.
Job boards allow you extensive and non-replaceable opportunities for employment advertising in several ways including the amount of exposure available. This isn't just traffic we are talking about here but very targeted traffic of people who are either actively looking for employment or at least considering a new role. The brand message on a job board and subsequent SEO are undiluted by your B2C or B2B brand messages which is key to making sure your employment brand is being seen by the target audience at a time that they are open and receptive to it.
But can't I do the same thing on LinkedIn? Surely their audience is my target and receptive to my employment branding?
Yes but like any advertising you can't just throw up an ad in one place and call it a day. You don't limit your B2C advertising to TV or print or online or billboards, instead you choose as many options as you can so that your message is seen by the largest number of your target audience as possible. In the same way that I will tell you that because TalentOyster as a diversity niche job board (with a niche audience) means that you should be using mainstream sourcing boards (like Monster) as well as and not instead of TalentOyster the same applies for job boards vs. social networking recruiting tools like LinkedIn.
If tomorrow you took all your jobs off Monster and posted them all on LinkedIn instead would you see an impact?
There would be a short-term impact, although the exact drop-off in applications would vary based on your industry and overall brand but the more significant impact would be in the longer term (6 months or more). As time went on I believe you would experience a serious drop in applicants fro top talent coupled with a lack of interest in your positions from passive candidates. Being absent from job boards means you would no longer be top of mind for candidates when it comes to planning where they want to work.
There's also the matter of who exactly is on LinkedIn. Is it a "mainstream" social network representing the non-diverse audience? It certainly seems that way. As we already know making sure that your message is being seen by everyone requires a sourcing strategy that looks beyond the mainstream.
Don't get me wrong, LinkedIn is an excellent tool for your recruiting and sourcing "toolbox". But at the end of the day it is a tool, not a one-stop solution for all of your online recruiting needs.
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