Imagine for a moment that you were interested in watching a good movie on TV one evening, so you posted on social media for suggestions. You’re likely to get good ideas from your friends. They have an incentive, because of your existing relationship, to want to help you. But you aren’t likely to hear from people you don’t know that well.
Topics: referral programs, employee referral program, HR, high volume recruiting, referral hiring, employee engagement, employee referral programs, employee referrals, seasonal hiring, retail hiring, referrals
How Referral Recruitment Can Help Find Your Next, Quality Hire
Hiring can be expensive and time-consuming. Whether you’re paying per click or paying per post, if you’re not getting the results you’re after, you’re wasting a lot of money. And if you’re pouring through listing after listing on multiple job boards, you’re spending far too much time for poor quality results.
Topics: referral programs, employee referral program, preferhired, HR, high volume recruiting, referral hiring, employee referral programs, employee referrals, healthcare, healthcare recruiting trends report, seasonal hiring, retail hiring, referrals
Employment as we know it is undergoing a massive shift right now. Large numbers of people are abandoning the standard work week world of working for “40 hour per week company” jobs for the freedom of the new freelance world. This new employment landscape, the gig economy, is transforming our relationship with our jobs.
Topics: referral programs, employee referral program, HR, employee referral programs, employee referrals, referrals
It’s no secret that referral hiring is growing in popularity as one of the top ways for companies to find new talent. Referral hires tend to fit into the workplace culture easier, onboard faster, and stay with a company longer, making referral hiring a desirable way to go - especially if you find yourself with high turnover roles. So the question isn’t should you be using an employee referral program, but rather how you can use it to ensure the best results.
A fruitful employee referral programs needs a relevant incentive to stir up some excitement. Many companies reward employees with a cash reward if their referral is hired on successfully. It doesn’t even have to be $1000-$5000 type of bonus, rather it should be something that tells your referrer that you appreciate their help in filling a role. It’s essential that this reward is given in a timely manner; if not, you’ll lose all the goodwill.
Topics: employee referral programs
Employee referral programs prove themselves time after time to be a well valued investment. All investments require some type of capital to get off the ground and your employee referral program is no different. Incentives, time, and several other factors play into the successful launch and ultimately success of your employee referral program.
Topics: employee referral programs
If you’ve been a practitioner for any number of years you’ve heard that employee referrals are the golden ticket in recruiting. You’ve probably heard this so much that one would think this special class of candidates could be considered the eighth wonder of the world. Over 67% of practitioners that use some type of employee referral program say that this pool of candidates has a faster time to hire, they’re the best source of hire, and to top it off, it’s more cost effective to hire from this group.
Topics: employee referral programs
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