How are companies using LinkedIn in their recruitment efforts?

What will be an ideal response?

Answer: LinkedIn is very useful for companies in their recruitment efforts. In fact, the largest and fastest-growing part of LinkedIn's business is "hiring solutions," which include a variety of services for in-house and external recruiters. These services include online job postings and ways to organize job searches. A major benefit is the ability to quickly identify and contact passive candidates, those who seem to have the necessary background, education, and skills but are not actively seeking work. Since companies value passive candidates for more senior positions, LinkedIn has become an even more valuable source for hiring to fill these positions.

More and more companies are looking to cut costs and are shifting recruiting money to LinkedIn. Filling senior positions once meant paying executive search firms thousands of dollars for each job. But with social networks like LinkedIn, in-house recruiters now have another way to reach such talent.