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7.12.16
How Will Microsoft's LinkedIn Buyout Affect Recruiters
  In early June, the world was surprised by the announcement that Microsoft had acquired LinkedIn. While it is unknown how far or in what ways their respective products and capabilities will merge, here are a few ideas that have been floating around the recruiting water cooler.   Access to LinkedIn's user database through Microsoft products. Imagine being able to import and sort LinkedIn candidates on an Excel spreadsheet, store their info in Active Directory, contact them through Outlook or Skype and keep track of their interviews on Calendar. What's more, recruiters using a LinkedIn API may find that restrictions on what types of LinkedIn data they can obtain are reduced.   Dynamics and Office 365 as recruitment management platforms. Recruiter, LinkedIn's own attempt at such a tool, has hardly been a stellar success. But a combined venture with Microsoft would streamline the recruitment process significantly.   Bing as the ultimate recruiter search engine....
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4.25.16
The Most Important Part of Recruiting Is...
  ...what happens afterward. Because if your employee retention rate is low, your acquisition costs are going to be unacceptably high.   Turnover costs include not just recruiting and hiring, but also training and management time, reduced productivity and increased errors while the employee learns the ropes. Have you ever sat down and figured in cold, hard dollars and cents what those costs are for your business? Here's a handy calculating guide from the Center for American Progress to get you started:   Entry-level employees: 16 percent of annual salary Mid-level employees: 20 percent of annual salary High-level or highly specialized employees: 213 percent of annual salary   As you can see, if your new hires tend to leave within a year or two, you won't even break even, much less get a return on your investment in them. Then there are the factors that are more intangible, but no less costly, such as loss of motivation among the employees who stay.   So how can...
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