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Flippers are a booming sector of the social networking site.
There are more than two million registered flippers in the United States, according to the site, and the number is projected to grow to more than three million by 2021.
Facebook flippers make more than $30,000 a year, according the site.
And LinkedIn flippers can earn as much as $300,000 annually, according a LinkedIn earnings call with investors this week.
“There’s a lot of value in people getting paid,” said David Hensley, CEO of the San Francisco-based company.
“We’re not trying to be a billion-dollar company.”
For its part, LinkedIn says flippers contribute to its company revenue of $12 billion a year and that its users make $10 billion a month in paid search ads.
“Our community of LinkedIn users are passionate and engaged, and we’re excited to continue our mission of connecting people with people,” a LinkedIn spokesperson told Fortune in a statement.
“In addition, we’re always looking for ways to grow the community of flippers and grow the business.”
LinkedIn is one of the most valuable companies on the Internet.
Its shares have doubled since they hit $30 in March 2018.
For its flippers, LinkedIn offers a wide variety of compensation packages, including the following: •Up to $1,000 in stock, options and royalties for flippers.
•$5,000 to $10,000 for a new business and $25,000 if a new company has more than 10 employees.
•Up.50% cash bonuses for flipper employees.
But there are limitations.
LinkedIn is a nonprofit, and it does not allow flippers to invest in other companies.
The company has a fiduciary responsibility to its users to act ethically and on behalf of the company.
It does not pay employees for working for its clients, according for a spokesperson.
It also does not sell shares, but does allow employees to sell shares.
There is no mandatory minimum number of shares a flipper must sell for a $1 million compensation package.
“Flippers are compensated according to a set range, depending on the size and size of the transaction, but they are not required to do so,” a spokesperson said.
The spokesperson added that the company does not require flippers disclose financial information.
LinkedIn also has strict rules about who can join its community, including flippers who have previously engaged in fraud.
“No flipper who has engaged in a fraud or theft will be accepted into LinkedIn, and any such person will be reported to law enforcement,” the spokesperson said in a message.
A LinkedIn spokesperson said the company has no control over the flippers that are employed by its members, and its members are only permitted to have one person each on their team.
For now, there are no restrictions on who can start a new flipper.
Hensly, the flipper recruiter, said the companies biggest concern is whether flippers will be successful.
“It’s a big unknown,” he said.
“But we’re seeing a lot more people trying to find their niche.”
Hensleys company, a venture capital firm, recently launched a program called Flipper 101, which is a free online course for flitting entrepreneurs.
Hentsley said flippers are more likely to join when they’re already well-known.
“If you’re known on LinkedIn, it’s easy to find a job,” he explained.
“And it’s a great place to make connections.”
The average flipper on LinkedIn makes $40,000, according Hensleys company.
But Hensles salary is based on his company’s revenue.
He said he makes $80,000 when flippers start their careers.
That’s an increase of more than 100% in less than three years.
Hirtsy said flipper recruits are in a rush to get a job.
“They’re looking for a job that’s in their area of expertise,” he told Fortune.
Haysley said he’s had flippers turn to him for help.
“People want to know what to do.
I’ll tell them, ‘Look, there’s an app out there that will help you get that job, and I’m going to help you learn how to do it,'” he said, adding that LinkedIn is offering flippers free training in areas like video games, graphic design and marketing.
The flipper recruiters say flippers come from all walks of life, and that the skills they learn will translate to any job.
Hinsley, who is from New York, said flicking is a unique way to bridge the gap between tech companies and the people they work with.
“The most exciting part is that people have the skills,” he added.
“This is not some kind of job-hopping thing.
This is a job where you have the ability to really do something, and you do it with passion and commitment.”
LinkedIn flipper recruitment is part of a larger