The Hidden Cost of Blind Spots: How Fintechs Lose Millions Without Full LinkedIn Profile Intelligence
LinkedIn is a place where companies can hire people to do work for them. They can either do it by sending out invitations to qualified or desired applicants, or they can post a job opening, and people can apply. It’s a simple process, but it can take some time. Consider the possibility that there might be over a hundred applicants. That’s because LinkedIn is worldwide, so you can get applicants from different countries. As long as they’re qualified, that’s all that matters.
How to look for the best applicant for the job
When you are in a situation where you get a hundred applicants or more, you will need to browse through each account. The good thing is that you don’t need to do that. There is something called a LinkedIn profile API which is a program that you can use to make things easier for you. You can get this through LinkedIn, because they stopped giving it out for free. You can still get it for free, but you have to apply for it.
When you have the API, you can easily use it by inputting keywords to help scour and cut the fat off the list. Sifting through a hundred applicants can be time-consuming, but with the right words, you can narrow it down to a couple of them. Some people put into words what they are looking for. When the person’s profile has those words, it gives a shorter list, and the employer can look at the profiles of the applicants at a much easier pace.
Using the API with knowledge is important
When you use the API, it makes things better, but it shouldn’t be the deciding factor. When you’re searching through profiles, there’s a chance that you might miss some actual qualified people who might be the best for the job at hand. That’s why aside from the API, you should also check their digital presence and review some of the files that you passed on. It can cost you some money when you hire the wrong one, simply because you relied too much on the API.
You shouldn’t underestimate the importance of using this API. That’s because you can lose a lot of money with the wrong profile of the person selected. In some cases, it is a situation of missed opportunity. While you could hire the best one, there might be someone else who can be much better. The lost opportunity here is that the one that got away can make money for someone else.
That’s always a gamble, but if you know how to take advantage of the API and the latest technological advancements, you can avoid losing that much money. However, we still can’t predict things. Maybe you got the right person, or you could get someone better. Be sure to be open to other options, especially when you have the chance to get those same people into the fold.
Don’t be worried if you lose money when you take the wrong profile from LinkedIn, but having knowledge and intelligence with the API can make a lot of things better.
