Quick Answer 🔍How many recruiters use LinkedIn in 2023?
There are 58 million companies listed on the platform, and 87% of recruiters use LinkedIn to scout new employees.
Recruiters are increasingly becoming reliant on LinkedIn when selecting candidates for a job post.
A Forbes report released in 2020 showed that a huge percentage of employment scouts use the platform to search and find new employees.
There are various reasons behind this trend which you will find out in this article.
Read until the end to find how many recruiters use LinkedIn in 2023 and other interesting facts about this recruitment website.
How Many Recruiters Use LinkedIn in 2023?
More than 60% of all job seekers worldwide look for new employment opportunities using online job boards like LinkedIn.
This is the reason why many recruiters are so drawn to the platform: there is a wide number of candidates for selection.
How many recruiters use LinkedIn in 2023? As of the latest survey, there are 58 million companies listed on the platform, and 87% of recruiters use LinkedIn to scout new employees.
Hiring Through Networking
Being the largest professional networking site on the internet, LinkedIn maximizes users’ chances to score a job through common links.
The company said 85% of all jobs available online are filled through networking. 50% of members reported finding a job through a mutual connection.
Job seekers are making use of LinkedIn’s “connect” button found on the profile page to generate close links with current employees and enter their target company’s inner talent pool.
Companies Using LinkedIn from 2017 to 2022
Due to LinkedIn’s growing popularity as a trusted site, the number of companies that use the platform built up over the years.
Here is the list of the number of companies using LinkedIn from 2017 to 2022:
- 2017 – 18 million companies
- 2018 – 20 million companies
- 2019 – 30 million companies
- 2020 – 50 million companies
- 2021 – 55 million companies
- 2022 – 58 million companies and counting
Six Seconds is All it Takes
Studies show recruiters only take six seconds to scan a resumè.
91% of them said they go for candidates with work experience, while another 65% specifically look for those with relevant work experience to the job at hand.
There are 20 million jobs simultaneously listed on LinkedIn on average, with millions of applicants competing to score a yes.
Having a competitive and catchy CV draws recruiters in instantly.
How Many Job Applications Are Sent per Second?
There are 55 job applications sent per second on LinkedIn. This already accounts for remote work vacancies which have grown in number during the pandemic.
More than 300,000 work-from-home or remote jobs in the United States alone were posted in 2020.
Similarly, there is a 300% increase in search count for the “remote working” query.
Average Cost per Hire
The average cost per hire for every candidate is $4,100. This is why recruiters turn to sites like LinkedIn to optimize the process and ensure they select the fittest candidate among the pack.
Despite the high input, the right hire for the position will bring more value to the company in the long term.
Employees from LinkedIn Have High Retainer Rate
Ever wondered why the answer to the question “how many recruiters use LinkedIn?” went as high as 87%?
It is because of the site’s reputation for excellent quality and high retainer rate.
Recruiters said employees hired from LinkedIn are 40% less likely to leave the company within their probationary period of six months from the date of hire.
Top Recruiters vs Average Recruiters
Top recruiters engage 60% more with LinkedIn recruiting tools compared to average recruiters. This professional social networking tool offers two options.
First is the Recruiter Lite, best suited for companies with lower volume hiring needs, usually up to two hires a year.
Meanwhile, the Recruiter program caters to two sectors namely professional and corporate niches with at least three hires or more annually.
The Recruiter Lite and Recruiter options both are offered through monthly membership subscriptions starting at $140.
Recruiters also often use these tools alongside LinkedIn automation tools to compound their results.
LinkedIn’s InMail Statistics 2023
95% of LinkedIn members said they are likely to accept an InMail from the company they are already following. Moreover, 81% follow up with a response.
LinkedIn InMail is a premium feature allowing users to send messages to anyone on the platform.
Top 10 LinkedIn Industries in 2021
The diversity of industries found on the platform influence how many recruiters use LinkedIn.
Here is a list of the Top 10 Industries which have the most number of LinkedIn users in 2021:
- Information Technology – 20.4 million users
- Hospital & Health Care – 15.7 million users
- Construction – 15.1 million users
- Retail – 12.6 million users
- Education Management – 11.8 million users
- Financial Services – 11.3 million users
- Accounting – 10.4 million users
- Computer Software – 9.6 million users
- Higher Education – 9.3 million users
- Automotive – 9.2 million users
Number of Recruiters in the US
5% of all LinkedIn profiles in the United States are from recruiters. This means one in every 20 profiles is accounted for by recruitment, sourcing, or human resources professionals.
In numbers, there are 20 million LinkedIn profiles in the United States alone and one million of them are recruiters.
Weirdest Job Titles on LinkedIn
There is no doubt–there are millions of jobs available on LinkedIn.
On the other hand, some job titles are less likely to make appearances on regular corporate job postings.
Here are some of the strangest job titles ever posted on the site:
- Creator of Happiness
- Retail Jedi
- Wizard of Light Bulb Moments
- Dream Alchemist
- Chief Biscuit Dunker
Whether these are real positions or merely redefined ways to post jobs creatively, these postings attract more people and create a better personality for businesses.
So there you have it! The answer to the question “how many recruiters use LinkedIn in 2023?” is 87%!
There are now 58 million companies listed on the networking site for various purposes, mostly for recruitment and business-to-business networking.
Truly, it is a trusted platform available for job searchers and employee seekers alike. If you still do not have a LinkedIn profile, consider creating one.
Almost all opportunities today lie on the outskirts of the internet. Happy job searching!