Understand industry trends (and how your company compares)īoth the Company and Talent Pool reports can provide you with a holistic view of trends in the labour market and help you to determine your recruitment priorities. This can help them obtain management buy-in for alternative locations and even remote hires when they’re faced with a limited candidate pool.ģ. Recruiters can also use LinkedIn Talent Insights to demonstrate to stakeholders how many qualified candidates there are in the desired geographical area. Talent Insights showed the recruiter that there were less than 300 candidate matches available, which allowed her to convince her hiring manager to reduce the selection criteria - and resulted in an offer being extended to a qualified candidate within two weeks. For example, a LinkedIn case study describes a recruiter from Autodesk who was tasked with hiring a software engineering manager and had been given a list of 11 “must-have” prerequisites - a task she suspected was impossible. Manage stakeholder expectations by backing up claims with dataīecause LinkedIn Talent Insights provides accurate, real-time data on the talent pools available for recruiters, it can be a useful tool for managing the expectations of hiring managers or other stakeholders. By researching the top cities for the talent they need, they can determine the best location for a new branch.Ģ. By tapping into these additional candidate pools, you can target skilled professionals who might otherwise have fallen outside of your search parameters.Ĭompanies can also use location data for value-add projects such as opening a new office or relocating a workforce. However, by searching for the top locations for developers nationally or worldwide you might find candidates in more unexpected cities - where hiring demands might also be lower. One of the most important features included in the Talent Pool report is the ability to search for a role by location and find out where the best talent is located - sometimes uncovering hidden gems.įor example, if you’re looking to hire a remote software developer, you’d expect to find talent concentrated in metropolitan areas such as London, New York, or Chicago. Here are four ways you can use LinkedIn Talent Insights to make smarter talent decisions:Īs a talent acquisition professional, the more you know about your available talent pool, the easier it is to find and recruit the right candidates. Using two report functions - the Talent Pool report and the Company report - recruitment professionals can access unique cuts of data that can help with peer benchmarking, competitor analysis, and even deciding where to open a new office. Launched in 2018, LinkedIn Talent Insights is a talent analytics solution that gives recruiters access to data from more than 575 million professionals, 20 million companies, and 15 million active job listings worldwide. Traditionally, this type of research meant wading through reports, stats and data - which might be incomplete or even out of date at the time of publishing. Determining where the best talent is located can help recruiters find new candidate pools to source from, and other market data can help them to understand which candidates are most likely to engage with their outreach. Recruiters can remain competitive by researching where top hirers are recruiting from and the fastest-growing skills are in a given industry. It’s more important than ever for talent acquisition professionals to understand the external labour market and their own workforce.
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