As we known, linkedIn is becoming most popular job searching
website. Initially, all of LinkedIn’s services were free to job seekers. But
over the past few years, in an effort to generate profits, LinkedIn shifted its
business model and started acting more like a job board than a networking site.
Along the way, the company began charging employers to post jobs and to gain
access to resume; it also invited job seekers to pay for “premium” services. Is
LinkedIn really linking you in? With more than 238 million members, including 4
million in Australia, a profile on LinkedIn is like the modern-day equivalent
of a business card, but this kind of broad-based job boards make bundles of
money while companies waste millions on the posting and people rarely find positions
through them. This is I “FELL” like some broad – based jobs boards are becoming
more branding which is losing its initial values and not helping people to find
job positions. It is huge problem with linkedIn. This practice discriminates
against people who can’t afford to pay for placement. But more to the point, it
preys on job seekers’ insecurities by promising a benefit that is really no
benefit at all. After all, how impressed is an employer likely to be when it
knows you paid for placement? Incredibly, by placing a premium badge next to
your profile, LinkedIn makes it ridiculously easy for employers to know when
job seekers have shelled out cash to get their resumes seen. What LinkedIn Says
About Its Fee. LinkedIn calls this transparency which means if customers need
put their resume on LinkedIn board, it required customers to pay them and
LinkedIn selects customers’ resumes and make them better, then sell them to
some companies which are seeking some people, then LinkedIn will get double pay
from both sides. This is totally becoming a branding, not a seeking job
platform.

Hi. You make an interesting argument against LinkedIn making profits on other people's resumes. I would like to provide a counter argument.LinkedIn has become a very popular website on the Internet. It was inevitable that LinkedIn would try to find ways to cover its costs. Premium users is an easy way to cover some costs. Essentially you are paying some money for your profile to be seen first. I don't consider that a bad investment. However it isn't too likely that a company will only view and select one profile, so free users still have just as good as a chance to get noticed as premium users.
ReplyDeleteI agree with your other argument however. It is unfair that not all companies would be able to pay to show job postings. It really hurts smaller businesses.