March 29, 2010 by MSI
According to recent research conducted by Pew Internet, 46% of Americans aged 18 and older are using social networking sites like Facebook, LinkedIn, YouTube or MySpace. A vast increase over the 2005 study, at which time only 8% of Americans were engaging in social media outlets.
Ofthe 46% using social media:
- 73% have a Facebook account
- 48% have a MySpace profile
- 14% have an account on LinkedIn
It’s estimated that Facebook now has more than 400M users and LinkedIn, growing by 5M users in the two months between December 2009 and February 2010, has eclipsed the 60M user mark. And, time spent using social media is growing at a rate of 3X the time just spent online. While marketers continue to leverage the socialmedia outlets to engage with customers and drive additional traffic and sales for their respective companies, a growing number of human resource professionalsare also engaging in and expanding their social media practices to support their organizational objectives and hiring goals.
According to a 2009 Jobvite Survey a growing number of companies are using social mediato recruit talent, forgoing traditional job posting sites and printed publications:
- 95% using LinkedIn
- 59% using Facebook
- 42% using Twitter
And,companies are also getting creative, using social media to compliment their hiringprocess. Referencing the same Jobvite survey:
- 75% are using LinkedIn for background checks
- 48% are using Facebook for background checks
Organizations, like Ernst & Young are using Facebook (http://www.facebook.com/ernstandyoungcareers) to recruit their next generation of professionals. With more than 40,000 fans,the site has served as a major contributor to their recruiting efforts. Is your company using social media to support human resource initiatives? Have you uncovered any perils or pitfalls? Please share your stories with us.
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