In 2023, the average number of LinkedIn connections per user was 1,300. Why is this important to hiring or job seeking, & how do you measure up?
Does the size of your network matter, or is it how you use it that counts?
In my opinion, both matter.
Let's look at some of the current job market data:
- 85% of positions are filled with personal or professional connections
- 77% of recruiters actively use LinkedIn to find candidates, but their average
placement success rate is 25% (failure rate 75%)
- 60-70% of vacancies are not advertised on internet job boards
- 24% of job seekers discover vacancies through their network
- It takes an average of 47 days to hire a new IT employee / resource
- On average 5 out of every 250 job applications result in an interview
Having a healthy, robust network on LinkedIn increases your chances of tapping into hidden job opportunities, receiving referrals, gaining insights into the job market & creating a personal advantage for yourself.
While the average number of connections is a benchmark, how you engage with your network is equally important. Actively nurturing relationships, sharing valuable content, & leveraging connections for introductions & recommendations can significantly enhance your job search or recruitment efforts, saving you time & increasing your chances of success.
Combining this approach with a little sales hustle, you'll be able outperform professional recruiters!Like to know more about successfully building your professional network to create both hiring & job seeking success? Check out communITy by Talentology - community-centric IT Recruitment & Services powered by trusted professional networks.
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