Archives For Social Media

Today we will talk about impact of social media on financial industry in whole and personal finance, of individuals, in general. Key points that this article covers:

 Research on how financial companies use social media today
 How social media attract millions of financial traders
 Leading to finance – social networking integration

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Hello readers, welcome to weekend chit-chat. I was at a friend’s place last night and the conversation flowed towards social media. Somebody mentioned that companies are checking potential hire’s Facebook profile before the job offer. I was not so sure about it and decided to give it a check.

This morning Google directed me to a post in PC world, where CareerBuilder.com revealed some number. 20% of companies admitted checking Facebook/MySpace profiles. And the number of rejection is more than number of acceptance, 33% vs 24%.

“Use of drugs or drinking and the posting of photographs deemed ‘inappropriate’ or ‘provocative’ were identified as the most popular reasons why employers eliminated a candidate after viewing their social networking profile.” ~ Mentioned by PC World.

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