Corporate recruiter Elisa Bannon of US Cellular in Chicago used to spend up to $4 million a year to post jobs and screen resumes through the three heavyweights of online job search-Monster, CareerBuilder, and Yahoo! Hotjobs. But with her 2009 budget slashed to $1 million and 2,500 openings to fill, the wireless carrier's director of talent acquisition ditched the big job boards and instead inked a deal with social networking site Linkedln. For an annual fee of $60,000, Bannon's team now has access to the network's 42 million members, many of whom are employed-the so-called passive candidates that recruiters covet, since conventional wisdom is the best people already have jobs. Using Linkedln, Bannon made a hire in 30 days for a position that typically takes six months to fill. "It's a great product at an attractive price," she says.
展开▼
