Working at LinkedIn Asia Pacific: Company History, Culture, Benefits, and Leadership

LinkedIn, with over 900 million members worldwide, is the largest professional network online. The company, understands the importance of being locally relevant, established a regional headquarters in Singapore, serves as a gateway to the region, enhances local market understanding, and fosters strategic relationships. Aniday’s article will delve into the dynamics of working at LinkedIn Asia Pacific, covering Company History, Culture, Benefits, and Leadership.

General Information

On May 31, 2011, LinkedIn, the global professional network boasting over 100 million members worldwide, revealed its decision to establish the Asia Pacific headquarters in Singapore. This office is designated as the regional headquarters for over 18 million LinkedIn members across Asia Pacific and Japan. 

The Singapore headquarters is pivotal for LinkedIn's regional expansion, supporting existing markets in Australia and India. With over 4,000 multinational companies, including one-third of Fortune 500 corporations, Singapore aligns strategically with LinkedIn's goal of connecting talent with opportunities. The country, boasting a skilled talent base and strong government support, serves as a key hub. Notably, seventy-three of the Fortune 100 companies globally use LinkedIn for talent acquisition.

Company History 

Founding (2002-2011)

• Founded in December 2002 by Reid Hoffman and team members from PayPal and Socialnet.com.

• Reached 1 million users in August 2004, achieved profitability in March 2006, and expanded to 10 million users by April 2007.

• Launched a mobile version in February 2008 and received a 5% stake investment in June 2008, valuing the company at approximately $1 billion.

• Opened offices in Mumbai and Sydney in 2009, starting Asia-Pacific expansion.

• In 2010, opened International Headquarters in Dublin, Ireland, and ranked No. 10 on Silicon Valley Insider's Top 100 List.

2011 to Present

• Went public in May 2011, trading under "LNKD" and reaching a valuation of $26.2 billion with Microsoft's acquisition in June 2016.

• Introduced a new desktop version post-acquisition and launched Open for Business and LinkedIn Events globally in 2019.

• CEO transitioned to Ryan Roslansky in June 2020, and layoffs occurred in July 2020 due to the COVID-19 pandemic.

• Microsoft ceased LinkedIn operations in China in October 2021.

• In 2022, LinkedIn earned $13.8 billion in revenue.

• In May 2023, cut 716 positions, streamlined operations, and discontinued China local job apps.

Products and Services

LinkedIn offers a wide range of business solutions as follows 

• Hire: Draw in top talent and engage with candidates from the world's most extensive talent pool.

• Market: Promote to the largest professional audience globally.

• Sell: Enhance your social selling endeavors with up-to-the-minute sales intelligence.

• Learn: Nurture talent and ensure skills remain current through online learning.

Company Culture 

Vision

Foster economic opportunity for every member of the global workforce.

Mission

LinkedIn's mission is straightforward: facilitate connections among the world's professionals to enhance their productivity and success.

Values

They are driven by a set of values alongside their vision which is to foster economic opportunity for members of the global workforce. Being grounded in their values serves as a guide to their decision-making process, empowering them to enrich lives of members and others.

1. Put Members First 

Every day, when making decisions, large or small, they consistently prioritize doing the right things for their members, aiming to make them more productive and successful.

2. Trust And Care About Each Other 

They always begin from a position of trust, acknowledging that every professional interaction is an opportunity to demonstrate respect, compassion, honesty, and integrity.

3. Open, Honest And Constructive

By seeking the truth and keeping it real, they are more likely to generate solutions to difficult problems. They welcome and actively seek constructive feedback to facilitate learning and growth.

4. Act As One LinkedIn

This is their company, and they operate together against their single vision: to create economic opportunity for every member of the global workforce. Each individual is responsible for making decisions as owners: prioritizing the whole over any part, embracing doing good along with doing well, and realizing that they have outsized impact and win when they move forward together.

5. Embrace Diversity, Inclusion And Belonging

Each person is accountable for fostering an environment that values diverse perspectives and experiences, ensuring opportunities for all to thrive. They recognize the responsibility, both on their platform and within their company, to contribute to a more equitable and inclusive world of work.

6. Work Hard and Play Hard

They are driven by the massive responsibility they have embraced to create economic opportunity for every professional, company, and society. They understand the need for constant innovation and the pursuit of big ideas, all while delivering value every day. Throughout it all, they act with humility and find joy in working together on something that matters so much.

Employee Benefits

• Salary: Competitive, performance-based compensation packages aligned with qualifications, experience, job size, and skill sets. Regular reviews ensure alignment with market trends.

• Bonus: Performance bonus, Annual Wage Supplement, Long Service Award. Proft-Sharing Bonus.

• Insurance, Health, & Wellness: Health Insurance, Health Screening, Travel Insurance.

• Leave Policy: Annual Leave, Sick Leave, Child Care Leave, Compassionate Leave, Marriage Leave, Maternity & Paternity Leave, Hospitalisation Leave.

• Retirement and Savings: Employee Savings or Retirement Plans. 

• Employee Recognition: Recognition programs or awards for outstanding performance.

• Development: Professional Development.

• Others: Flexible Work Arrangements, Team Building, Free Meals, Gym Classes, Free Drinks.

Company Leadership

• Jeff Weiner - Executive Chairman: since June 2020, helps the company realize its vision of creating economic opportunity globally. Before this role, he served as CEO for 11 years, overseeing remarkable growth, including expanding the membership base from 33M to over 690M and increasing revenue from $78M to over $7.9B, while growing the team from 338 employees to over 16,000.

• Pooja K Dhanothia - Director Marketing Solutions Singapore: Passionate about solving big problems and building customer-centric teams, she is a compassionate and strategic leader known for turning complexity into simple, consumable ideas.

• Derrick Wong - Director & Head of APAC, Real Estate & Workplace Singapore: Over two decades of international business experience, responsible for creating exceptional workplace environments in the tech industry. Expertise includes user experience, team management, stakeholder engagement, real estate transactions, negotiations, and performance management. Skilled in fostering cross-cultural collaboration and achieving organizational objectives.

Conclusion 

With over 4,000 multinational corporations, including one-third of Fortune 500 corporations, Singapore is indeed a hub for opportunities and growth that will accelerate your career. 

LinkedIn’s commitment to diversity and inclusivity is evident, with everyone recognizing their role in fostering equity on the platform and within the company. Aniday trusts that this article provides insights into LinkedIn Asia Pacific: Company History, Culture, Benefits, and Leadership.