The social networking site LinkedIn has provided its payroll tool LinkedIn Salary with a new function. It provides an in-depth salary comparison between your current and any future jobs. According to our own research, 70 percent of the LinkedIn professionals want information about their salary before they respond to a vacancy.
According to the company, the LinkedIn Salary, launched in 2016, has become a key feature in the service portfolio for jobseekers. In addition, it also contributes to the realisation of the Economic Graph of the social network. LinkedIn says it has always had the goal to expand this salary tool, so that it can offer precise recommendations about where to work, what to learn and how best to evolve a career.
Salary sends choice
We have introduced LinkedIn Salary to provide a reliable source of up-to-date information on the factors that affect the way you are paid, increase transparency and help you have more informed conversations, says Erika Hairston, Product Manager at LinkedIn. According to her, for many, the salary potential is leading in the choice of whether or not to respond to a vacancy. According to Hairston, research shows that salary is the most important factor that motivates a person in a career and one of the first things a person wants to know about the position.
The extended salary function should therefore provide a more comprehensive view of whether a potential new function is the next and best step in a person’s career. In addition to the existing Your Commute and Premium Career Insights.
According to ZDNet, LinkedIn wants to position the salary tool as an alternative to Glassdoor, which offers information on company reputation and salary ranges. LinkedIn Salary is now available in more than ten countries, including the Netherlands. In Belgium, professionals on LinkedIn are not yet able to use this payroll tool.
Intelligent Hiring Experience
LinkedIn has also been very active on the side of employers and recruiters. Over the past few weeks, the company has built up its recruiter portfolio and has moved its recruitment products, including Recruiter, Jobs and Pipeline Builder, to a single, common platform called Intelligent Hiring Experience.
The new platform will be launched this summer and will make use of the existing data from LinkedIn in order to obtain useful information about vacancies and jobseekers. This should help recruiters find more qualified candidates and save them time.
Related: LinkedIn does trial with live videos
This news article was automatically translated from Dutch to give Techzine.eu a head start. All news articles after September 1, 2019 are written in native English and NOT translated. All our background stories are written in native English as well. For more information read our launch article.
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