LinkedIn Launches New Recruiting Products

November 9, 2010 – Professional networking site LinkedIn has announced two new products designed to improve the way businesses find and recruit high-quality passive candidates. The company has created Referral Engine, a solution that will enable companies to generate more high-quality applicants by tapping professionals in their employees’ LinkedIn networks. LinkedIn has also unveiled Jobs for You Ads, which intelligently distribute job postings to passive and active candidates all across the web. The tools allow companies to pick their audience based on LinkedIn profile data—including function, seniority, industry, and more—and distribute their jobs exclusively to individuals with professional backgrounds that match their hiring needs. “The new hiring solutions further the power of LinkedIn’s extensive professional network by putting open jobs in front of the right candidates, no matter where they are on the Web,” said David Hahn, vice president of product management at LinkedIn. “By using these new, targeted tools and harnessing the networks of their employees, LinkedIn customers will generate more high-quality employment leads and fill their open positions faster, while also increasing quality of hire.”