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Semi-finalists are those in the top 25% of their peer group. Hiring managers will want to see these people and if the role is a possible career move, they'll more likely to respond to your messages.
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By prequalifying candidates you'll be able to spend more time with fewer people, get more referrals and improve quality of hire. As important, you'll be able to do this at no increase in cost/hire or time to fill.
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LinkedIn Recruiter's advanced filters in combination with Clever Boolean allows a hiring manager, sourcer or recruiter to identify some remarkable people in just a few hours.