For small and medium sized agencies that are looking for qualified candidates; building relationships and managing the hiring process can be time-consuming and costly. For those that end up using LinkedIn’s solution, how much is LinkedIn Recruiter costing them in terms of money as well as time and opportunity?
LinkedIn Recruiter allows recruiters to source candidates from the world's largest professional network, with advanced search filters and intelligent matching. LinkedIn Recruiter also helps recruiters connect with candidates through personalized InMail messages, collaborate with their team using shared projects and profiles, and track their performance using reports and insights.
But how much does LinkedIn Recruiter cost? And is it worth the investment for small agencies? Here’s a quick overview:
How Many Plans Does LinkedIn Recruiter Offer and What Are They?
LinkedIn Recruiter offers two main plans: LinkedIn Recruiter Lite and LinkedIn Recruiter Corporate. There is also a third plan called LinkedIn Recruiter Professional Services, which is similar to LinkedIn Recruiter Corporate but tailored for staffing and consulting firms.
Here are the main differences between the plans:
LinkedIn Recruiter Lite
A single-user plan that allows you to find candidates within your 1st, 2nd, and 3rd-degree connections. You can use 20 search filters, send 30 InMail messages per month, and save up to 1,000 profiles in your projects. You can also access basic reports on your InMail response rate and job applicants. LinkedIn Recruiter Lite costs $1,480 per year or $180 per month.
LinkedIn Recruiter Corporate
A multi-user plan that allows you to find any public profile on LinkedIn, regardless of your connection level. You can use 40 search filters, send 150 InMail messages per month, and save up to 10,000 profiles in your projects. You can also access advanced reports on your jobs, InMail, pipeline, usage, and performance. Additionally, you can integrate LinkedIn Recruiter with other LinkedIn products such as Jobs, Talent Insights, Talent Hub, Pipeline Builder, and your ATS. LinkedIn Recruiter Corporate costs $8,990 per year or $895 per month.
LinkedIn Recruiter Professional Services
A multi-user plan that offers the same features as LinkedIn Recruiter Corporate but with some additional benefits for staffing and consulting firms. These include unlimited project folders, custom fields for candidate profiles, dedicated account management and support, and access to exclusive webinars and events. The pricing of LinkedIn Recruiter Professional Services varies depending on your needs and contract terms.
When Should You Switch to or Invest in Linkedin Recruiter?
LinkedIn Recruiter can be a valuable tool for recruiters who want to leverage the power of LinkedIn's network and data to find and engage with qualified candidates. However, it is not a cheap tool and it may not be suitable for every recruiter or agency.
Before you decide to switch to or invest in LinkedIn Recruiter, you should consider the following factors:
- Your budget: LinkedIn Recruiter is a premium product that comes with a premium price tag. Depending on your plan and contract terms, you may end up paying thousands of dollars per year or per month for using it. You should evaluate whether you can afford this cost and whether it will generate a positive return on investment for your agency.
- Your hiring volume: LinkedIn Recruiter is designed for recruiters who are consistently hiring or sourcing candidates for multiple roles or clients. If you only hire occasionally or for a few positions at a time, you may not need all the features and functionality that LinkedIn Recruiter offers. You may be better off using a cheaper or free option such as LinkedIn Jobs or LinkedIn Premium Business.
- Your hiring goals: LinkedIn Recruiter is ideal for recruiters who are looking for passive candidates who are not actively looking for a job but may be open to new opportunities. If you are targeting active job seekers who are already applying to your jobs or visiting your website, you may not need to use LinkedIn Recruiter to reach them.
- Your hiring strategy: LinkedIn Recruiter is a great tool for sourcing candidates from LinkedIn's network but it is not a complete solution for managing your recruitment process. You still need to use other tools such as an Applicant Tracking System or ATS to track and manage your candidates, communicate with them, schedule interviews, collect feedback, and make hiring decisions. You should have a clear strategy on how to use LinkedIn Recruiter in conjunction with other tools and platforms to optimize your recruitment workflow.
LEARN MORE: Integrate LinkedIn with Manatal
What Are the Alternatives?
LinkedIn Recruiter is not the only tool that can help you find and hire candidates. There are many alternatives that can offer similar or even better features and functionality at a lower cost. One of them is Manatal’s ATS, a leading AI recruitment software that is specifically tailored for HR teams, recruitment agencies, and headhunters.
Why Manatal? Well, for starters, it allows you to source candidates from 2500+ job boards integrations. Plus, it comes with the Branded Career Page feature that enables you to design your career site however you’d like to ensure that you are truly showcasing your employer’s brand.
Moreover, Manatal’s ATS offers a LinkedIn extension while being able to enrich your candidate profiles with data from their LinkedIn and 20+ social platforms. With Manatal, you can fast-track your recruitment operations, manage your candidates as a team using collaboration tools, integrate your calendar and mailbox to optimize your time management and access a full reporting and analytics suite to track metrics and KPIs that matter.
That’s not all. Manatal’s ATS also offers a recruitment CRM dedicated to agencies and headhunters to keep track of their sales activity, clients, placements, and revenue. You can also integrate Manatal’s ATS with other solutions used by your organization such as payroll and HRIS systems using our Open API
And here’s the best part, Manatal’s ATS is simple and transparent in its pricing. It offers two plans: Professional and Enterprise. The Professional plan costs $15 per user per month and allows you to have up to 15 jobs per account and up to 10,000 candidates. The Enterprise plan costs $35 per user per month and allows you to have unlimited jobs and candidates. You can also request a custom plan for custom features and integrations.
Why Manatal Is Perfect for SME or Medium-Sized Recruitment
Manatal is perfect for small or medium-sized recruitment agencies because it offers a comprehensive solution, including an applicant tracking system for small businesses, that covers all aspects of recruitment from sourcing to hiring.. It also helps recruiters save time, money, and resources by automating and streamlining their recruitment process using AI and cloud technology.
Here are some of the benefits of Manatal for SME or medium-sized recruitment:
- Easy to use: Manatal has a user-friendly interface that is intuitive and easy to navigate. You can set up your account in minutes and start recruiting right away. You can also access Manatal from any device and any location using its cloud-based platform.
- Affordable: Manatal has a simple and transparent pricing model that is based on the number of users and jobs you need. You can choose the plan that suits your budget and needs without any hidden fees or long-term contracts. You can also start with a 14-day free trial to test the platform before committing.
- Scalable: Manatal can grow with your business as you expand your team, clients, or projects. You can easily add or remove users or jobs as needed without affecting your performance or data. You can also request custom features or integrations to meet your specific requirements.
- Secure: Manatal is compliant with the latest data privacy policies such as GDPR, CCPA, and PDPA. You have full control over your data and how it is processed. You can modify or delete data when requested by candidates or clients. You can also rely on Manatal’s top-tier encryption and daily backups of system databases.
- Supportive: Manatal provides 24/5 support through live chat or email. You can also find answers to your questions in its documentation or blog. Additionally, you can benefit from Manatal’s exclusive webinars and events where you can learn from experts and network with other recruiters.
If you are looking for an alternative to LinkedIn Recruiter that can help you find and hire candidates faster, easier, and cheaper, you should give Manatal’s ATS a try. You will be amazed by how much it can improve your recruitment process and results.
Start a 14-day free trial with Manatal today to discover its innovative feature and learn how it can transform your recruitment with a few clicks.