Linkedin Placements launched to help graduating students find jobs easily
Mumbai: LinkedIn on Wednesday announced the launch of 'LinkedIn Placements', a locally developed product aimed at making it easier for graduating students across India to find jobs, and for placement officers and recruiters to manage campus placement initiatives.
The students segment is one of the fastest growing demographic for LinkedIn, the world’s largest professional network, with over 33 million members in India and 400 million globally.
A recent study conducted across Asia and the Pacific by LinkedIn revealed that fresh graduates and early professionals feel that it is now harder for them to land their first jobs, compared to two decades ago—more than a third said they believe it will/did take them one to three months to land their first job.
LinkedIn’s partnership with MTV to help students get internship opportunities at prominent companies in the country also pointed to the level of competition for jobs—1,00,000 applications for 12 internships.
The tough competition for jobs amongst a fast-growing population of graduating students was a key factor in LinkedIn’s decision to develop and pilot LinkedIn Placements in India.
“Our conversations with students, placement officers and recruiters involved in campus recruitment point to an unmet need for efficiency and effectiveness. We are excited to start this journey to provide a locally developed solution that helps to improve the experience and processes for everyone involved in the entire campus recruitment ecosystem,” said Ganesan Venkatasubramanian, Head of Engineering, LinkedIn India.
LinkedIn Placements was developed as a first step to help connect graduating students to their first jobs at a massive scale. In particular, it transforms the campus recruitment process for three key groups of players: students, placement officers and recruiters.
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