With over 660 million members, LinkedIn has access to the global workforce and related data like no other platform in history. The platform and its evolution have been a game-changer for both job seekers and talent acquisition professionals.
In this episode, Daniel Maurath, I/O psychologist, and Senior People Analytics Consultant at LinkedIn discusses LinkedIn’s core mission to “Create Economic Opportunity for all members of the global workforce” and how the data provided by members is core to the evolution of the platform. Maurath also speaks to the significant role data plays in identifying trends that provide LinkedIn with the insight needed to evolve its product offerings.
Daniel relates that the top 3 trends identified through member surveys and data include:
- Low unemployment is resulting in a seller’s market
- Rapid skill changes are requiring reskilling at an increasing rate
- Emergence of the “purpose economy” (where work is all about passion and purpose) resulting in a need for companies to change their approach.
We also discuss the launch of (and plans for) LinkedIn’s Skills Assessments in September 2019. This new offering provides individuals with an opportunity to showcase their skills to employers. This is LinkedIn’s first step in credentialing, but they have also highlighted this as an area of future growth – so stay tuned.
LinkedIn’s never-ending quest to reduce the friction between job seekers and employers is core to this episode. Maurath provides listeners with a look inside the behemoth’s current and future efforts to invest in data, analysis and the people who understand both, and the impact this combination will have on the future of work.
As always, this edition of Science4Hire is brought to you by Rocket-Hire!
Rocket Hire is your partner for launching successful talent assessment strategies and solutions. For more information on how Rocket Hire can help you and your organization, contact us!