LinkedIn is developing a new self-service tool to give recruiters access to rich data on talent pools and companies.
Head of product, talent insights and talent brand Eric Owski introduced LinkedIn Talent Insights in a blog post, saying that when it launches in the summer of 2018, recruiters will have access to two types of reports: Talent Pool and Company.
Talent Pool reports will give recruiters insights to answer these key questions:
- Where does this talent live, and what companies and industries does this talent work in?
- How difficult is it to hire the talent you’re looking for?
- What schools are producing this talent?
- How is this talent engaging with your company on LinkedIn?
Meanwhile, Company reports will give recruiters easy access to data on:
- How a company’s workforce is distributed by function and geography.
- Where a company is gaining talent from and losing talent to.
- Which skills at a company are growing the fastest.
- What schools a company is hiring talent from.
- Tips for recruiting strategies based on this information.
Talent Insights will be a paid product for the professional network, but its pricing has yet to be determined.
Owski wrote of the motivation behind developing LinkedIn Talent Insights: “Just in the past year, we’ve had more than 10,000 requests from companies across the globe asking our team of data insights to help provide answers to those burning questions on talent: What are the best emerging cities to hire engineers? Are we losing critical skills to other companies? How does my employer brand compare to my peers?”
He also provided further details on how the new tool will work: “The reports give you easy-to-understand visualizations of your data for exporting and sharing, with business leaders and key stakeholders. Insights are delivered through an intuitive user interface that many will recognize if you’ve used LinkedIn Recruiter or our other products. We’ve also made this product self-serve so that whatever time or day you need to access data about your talent options—whether planning for the quarterly planning meeting, or a quick touch base with your team—you can.”