Wednesday, January 11, 2006

Will headhunters share profits with you?

Prior to the advent of companies like H3 (www.h3.com), headhunters made a LOT of money by finding a suitable candidate for a (usually high-salary) job.

Now, it seems headhunters have no choice but to share their profits with a new breed of semi-professional headhunters called "talent scouts." (H3 has a free white paper on their site if you're interested).

It seems, therefore, that the highly connected people on LinkedIn can finally begin to make some money.

The best part, I think, is that because social ties are now monetized, it will motivate people to network more seriously. Networking is generally good to expand one's horizons and learn new things from new friends. Now, you can make money from it as well IF you are well connected.