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1) Social Hiring is fast becoming the leading source for talent, supplanting “headhunters”, consultants and job boards. In the near future, most leads for talent will come from “Extended Referrals” as employee referrals will extend beyond employees to include company’s alumnus, employees’ alumnus’s, creating an “extended social network” expanding the reach of a company by 100 times.
2) The majority of passive job seekers are finding jobs through the Social Hiring route vs. job boards and consultants combined.
3) Social Hiring applications will become the platform of choice for candidates as they provide higher privacy to candidates vs. posting resumes on job boards. Candidates will become more empowered “customers”. Job prospects will have increased access to jobs and more information on those jobs, salary and benefits, and the companies they’re evaluating.
4) Facebook will become the dominant talent sourcing social media platform, followed by LinkedIn and perhaps Google Plus thus replacing job boards.
5) Social Hiring Applications (SHAs) (built on social media platforms) are the most efficient (submission per fill) and cost effective channel for generating talent leads, seeking and engaging with your talent community in a private and secure fashion.
6) Job boards will have to reinvent themselves to define value for their customers, both in terms of quality and financial cost. Recruitment companies will have to become more quality focused versus throwing resumes at clients hoping some will stick.
7) Companies that empower their employees (through Social Hiring Technology and exciting referral marketing programs and rewards) will win the war for talent.
8) Talent Acquisition Managers will talk about recruitment becoming a profit center vs. cost center as Social Hiring Technology will generate significant savings in hiring costs.
9) Companies will start getting rated by their candidate community about their hiring process and culture, and this information will be made available to future candidates through the same application.
10) Smaller companies will have the same access to referrals because of extended referral networks.
For more information on social hiring, please download our latest whitepaper, The Role of Social Media in Finding and Hiring the Right Talent, or contact us to discuss this topic . In addition, check out AlignMark’s newest product in the social hiring space—leveraging the employee referral networks and Facebook.
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