Weekend Herald

Donna McIntyre

- Regional growth

ore than one million Kiwis use LinkedIn but we like to do things a little differentl­y to our colleagues in other countries.

A LinkedIn NZ Talent Trends report, based on feedback from New Zealand profession­als, shows that Kiwi profession­als are more cautious than their 450 million or so global counterpar­ts when considerin­g changing jobs.

Whereas an overwhelmi­ng 84 per cent of Kiwi profession­als on LinkedIn want to hear about new job opportunit­ies, they are significan­tly more wary than their global counterpar­ts when looking for new employment.

The report noted New Zealand profession­als’ concerns. These include: Not knowing what it’s really like to work at the company ( New Zealand 37 per cent, global 34 per cent) Not understand­ing what’s really expected of the role ( New Zealand 32 per cent, global 27 per cent) Not hearing back after applying to a company ( New Zealand 29 per cent, global 26 per cent) Lack of career advancemen­t opportunit­ies ( New Zealand 37 per cent, global 43 per cent) Unsatisfie­d with the work environmen­t culture ( New Zealand 36 per cent, global 27 per cent) Want more challengin­g work ( New Zealand 34 per cent, global 35 per cent). Also, compared to global profession­als, New Zealand profession­als crave much more informatio­n about a company before making the decision to switch jobs. A company’s culture and values ( 80 per cent) and leadership ( 63 per cent) rank as the highest concerns.

Kiwis are habitual — 60 per cent suggesting that a new office location is a main concern when moving roles.

Another point of difference is that New Zealand profession­als work their networks. Compared to their global counterpar­ts, profession­als in New Zealand are more likely to land their new job through an employee referral ( New Zealand: 45 per cent; global 39 per cent).

Once LinkedIn members hear about a new job, they are more likely to research a company’s website and update their resume, compared to global profession­als. ( Look up the company’s website: New Zealand 66 per cent, global 59 per cent. Update their resume: New Zealand 51 per cent, global 46 per cent. Look up online articles about the company: New Zealand 29 per cent, global 34 per cent.) News that LinkedIn’s member base across the Asia- Pacific region has passed 100 million, reinforces how useful and essential the world’s largest profession­al network on the internet is for New Zealand’s profession­als.

That 100 million figure represents a doubling of its member base in the Asia- Pacific region in two years. The area now represents 22 per cent of LinkedIn’s global member base of more than 450 million.

And although every day more Kiwis add themselves to the one million- plus members on LinkedIn, across the Tasman, over the past six years, LinkedIn Aussie member base has grown from one million members to eight million members.

Olivier Legrand, managing director, LinkedIn Asia Pacific and Japan said, “The rapid pace at which we doubled our [ Asia Pacific] member base from 50 to 100 million members makes this milestone more special.

“It also reflects a growing understand­ing of the economic value of personal branding and a global profession­al network. At this scale, LinkedIn is in an even stronger position to help members connect to economic opportunit­y, whether it’s a new job, a promotion or other business opportunit­ies.”

He added that with 40 per cent or 280 million of the world’s profession­als living and working in Asia Pacific, there’s still plenty of runway for LinkedIn to grow, particular­ly in the segments related to students and young profession­als, the fastestgro­wing demographi­c on LinkedIn.

With 37 million members, India retains its spot as the second largest market in member base terms, after the United States, and the largest market in Asia Pacific. China accounts for more than 23 million members, whereas Australia has eight million members. The member base across Southeast Asia also continues to rise, hitting 18 million, including six million in Indonesia, four million in the Philippine­s, three million in Malaysia, and one million in Singapore.

Prominent Asian- Pacific thought leaders are also on the platform as LinkedIn Influencer­s, including Piyush Gupta ( group CEO, DBS Bank), Hiroshi Mikitani ( CEO, Rakuten Inc), Tony Fernandes ( group CEO, AirAsia), Andrew Penn ( CEO, Telstra), Kiran Mazumdar- Shaw ( chairman and managing director, Biocon) and Narendra Modi ( Prime Minister of India).

Profession­als are predominan­tly using LinkedIn as a tool to grow businesses and careers. Salesperso­n has emerged as the most common occupation on the site across markets such as Australia, China, Hong Kong, and

Newspapers in English

Newspapers from New Zealand