Last updated: July 14, 2019
Topic: BusinessMarketing
Sample donated:

Social Networking websites are web based platforms where group of people who share the same interests and activities are chained together.In such a collective pool of participation,they share their ideas and thoughts and thus exploring the interests and activities of other participating members- newsfeed.Social Networking sites are ideal platforms which employs various tools for the participating members(users)to interact with one another using chats,emails,videos & images,file sharing,blogging & discussion groups and pages.

Social Networking websites are the platforms where company recruiters hunts for their ideal recruit and are being as a tool to retain the best talent pool.The same platforms are used by the individual employee to find his ideal fit(dream job) and then to boost his/her career growth.How is it all done?
1.By creating and managing profiles,applications,pages and groups
2.Connecting the “otherwise missing links”- Alumni Network
3.Creating User Specified Contents
4.Encouraging Employee Value Proposition(EVP)
5.Providing a huge array of potential employer choice
6.Creating Careers and not just mere Jobs
7.Publishing news,photos,events and podcasts.
8.Being Fun and Interactive
9.Be ever Exciting & Evolving

The fact is, employers nowadays face a shrinking talent pool and an occasional per centum (which implies that there aren’t many of us ideal for the available positions). As a result, several firms face mounting accomplishment challenges in finding the ideal recruits. According to a popular marketing firm – Kinesis, based in Oregon,US.In 2015, 38% of employers faced excruciating difficulties in filling out job vacancies – increase of 2% ,since 2014.This trend can solely continue as additional Baby Boomers reaching retirement age – with a astonishing 10000 Baby Boomers retiring on a daily basis, according to an analysis done by Pew Research.

Even the most important & most subtle firms – those flush with resources to take a position in their accomplishment and talent management ways – report that attracting, developing and holding the best talent pool is among the foremost formidable challenges in achieving profitable growth.Hiring and nurturing A-players the proper method isn’t a matter of luck; it needs a recruiting and hiring method that systematically attracts nice individuals whose skills and personalities align together with your company’s core values and mission.
“The ability to make good decisions regarding people represents one of the last reliable sources of competitive advantage, since very few organizations are very good at it.” – Peter Drucker.