Professional social networking site LinkedIn has announced the LinkedIn Talent Pipeline, that will create a centralised place for recruiters to manage all the leads which they gather through LinkedIn, to streamline lead generation and follow-up.
With the rise of social media, recruiters are dealing with an increase in online networks as sources of talent who may not be actively seeking a new job. This is in addition to more traditional sources such as personal referrals, conferences, job boards and company career sites. This shift toward recruiting 'passive' talent gives recruiters access to a much larger pool of potential candidates with the right skills and experience than if they relied on active candidates alone.
Talent Pipeline seeks to help recruiters to keep track of all of these potential candidates in one place, even before they enter the formal application process. To be available in the first half of 2012, the core functionality of Talent Pipeline will be included as part of LinkedIn Recruiter at no additional charge. A separate version of Talent Pipeline will be available for team members not using Recruiter.
"Recruiters are increasingly realising that the best talent sources are already employed and successful in their jobs "they are not hanging out on job boards or actively looking for new jobs. Talent Pipeline is a tool aimed at helping recruiters to better manage these sources and capture the right opportunities efficiently," said Hari V Krishnan, county manager at LinkedIn India.
How Talent Pipeline Works
Recruiters can import leads and resumes found from other sources into Recruiter. These records can be searched, tagged with additional information, and shared across the team just like any profile sourced on LinkedIn. With new tools for adding a lead's source and status, recruiters will be able to report on and improve the efficiency of their pipeline activities.
When new leads are imported, they are connected to their LinkedIn profile, which members keep updating even when they aren't looking for a job. Recruiters are better positioned to evaluate and build relationships with leads, based on the insights provided by the LinkedIn profile, including shared connections, activity updates, recommendations and shared groups.