From talking to many hiring managers, many times a company will check a prospective employee's LinkedIn account. If they see they do not have an account, or has not updated it, they sometimes pass them by. LinkedIn is not just another resume builder that makes you look good on paper. People see your contacts, your experience, and how well you can present yourself. All of these aspects are very important to a hiring manager when looking for the right fit for their team.
I suggest every business person take the time to fully fill out a LinkedIn profile and keep it up to date. I still receive job offers from my LinkedIn account because people I know that know others see my resume and know that a friend of theirs has already vouched for me, so that gets a foot in the door.
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