The Shift Index Macroeconomic Report 2010: Measuring the forces of long term change by Deloitte provides a lot of food for thought, especially the impact of social networking in talent strategies. Of note are the opportunities for enhancing your people processes with social talent management especially when recruiting and retaining Generation Y.
Social media is moving forward but are recruiters lagging behind? According to the Emerging Workforce Study, three quarters of companies lack a social media strategy. You need a social focus to increase brand engagement for referrals, treat candidates like customers, and retain top performers. Social makes it personal. Studies have shown the positive connection between social networks and employer brands.
In terms of sourcing and vetting candidates, stalking people on their social sites and using Google searches are not recommended. Better to leave it to the professionals to trust but verify your hiring decisions.
