According to this infographic, researched and developed by PayScale, the higher-ups are really not too keen on the social media movement at large, especially when it involves giving social media freedom to employees within the company. And the fear of negative information keeps employers running for a tight leash. Only half of companies have a formal social media policy, and 42% of companies surveyed nix all forms of social media activity at work. In the employers’ eyes, social media should be exclusively reserved for carefully managed brand promotion and professionally handled social recruiting.
LinkedIn on Thursday announced it has 150 million members in its network, a 20 million increase over November.
The figure was disclosed in a press release the company issued Thursday announcing its fourth quarter and full-year 2011 results.
The company posted revenues of $167.7 million, beating the analysts’ consensus of $160 million for Q4. Adjusted profit was $0.12 cents per share, which beat analysts’ projections of 7 cents a share. LinkedIn’s stock was up more than 5% in after-hours trading.
The Q4 revenue figure was a 105% jump over the same period in 2010. Revenues for full-year 2011 was $522.2 million, a 115% increase over 2010′s $243.1 million. Once again, Hiring Solutions was the company’s largest source of revenues, providing $84.9 million for the quarter. Marketing Solutions, meanwhile, brought in revenues of $49.5 million, while revenues from Premium Subscriptions totaled $33.3 million.