Published on Caitlin Crump Senior Data Scientist at LinkedIn. As the data scientist who worked on both the 2016 and 2017 LinkedIn Top Companies lists, I was directly involved with uncovering the companies our members are most interested in now. The results are always intriguing — and it made me curious about how else these companies stand out. // Original Article on LinkedIn
This year, I wanted to take it a step further and look closer at the breadth of data generated by our 500+ million members. As I dug deeper into the data, I became especially intrigued by which Top Companies are attracting the most talent from OTHER top companies.
I like to call these the top talent magnets of the LinkedIn Top Companies. I observed new hires from March 1, 2016, to February 28, 2017, at all 2017 U.S. Top Companies to figure out:
- Which companies made the most new hires?
- Which companies were a top talent magnet?
The results are interesting!
The top talent magnets are all in the tech industry where competition to retain employees is fierce. In fact, some of them were so close that they overlapped on the plot!
Facebook was a clear winner in this category, meaning it snagged the most recruits from other U.S. Top Companies as a share of total hires. The percentage of new hires attracted to Facebook from another top company was 3X the average of all other 2017 Top Companies in the U.S.
Surprisingly, the top talent magnets were not the most prolific hirers on the list. That top title goes to Amazon.
I wasn’t surprised to see Amazon outpace other companies in terms of total new hires last year. What part of the economy isn’t the company rumored — or proven — to be moving into? Not only did Amazon have the largest total new hires, but it also had the largest net growth in the size of any company on the U.S. list. However, it wasn’t just tech companies that made the cut — JPMorgan Chase & Co., UnitedHealth Group, and Deloitte also appeared on the Top Total New Hires list.
It is important to note that there was no overlap between being top in total new hires and being a top talent magnet. For the most attractive companies, it seems quality is a bigger concern to solve than quantity. Alphabet achieved the best overall score, placing in the top 5 for total new hires and the top 10 for top talent magnets. Perhaps this is due to taking smart risks like aggressively shifting to hardware in the last year.
I hope this take on the 2017 LinkedIn Top Companies list was as interesting to you as it was to me! If you had Linkedin’s data at your fingertips, what kind of analysis would you want to do?