Human resources and recruiting professionals have been pushed to the brink to develop strategies which simultaneously improve employer brand, streamline recruiting and onboarding, all while on a shoestring budget. Amidst this daunting challenge one glowing solution has arisen, employee referrals. After all, what do you do when you have limited HR staff and resources? Make everyone in the organization a recruiter! Not to mention the potential offset of recruiting costs that happens when you make quick effective hires. With this in mind, we began to wonder who in the marketplace is doing this better than others.
Statistically, referrals yield the one of the most reliable and smoothest hires available. Which makes having an aggressive Employee Referral Program (ERP) a no-brainer for any talent acquisition team. However, what doesn’t come as easily to a talent acquisition team is how to identify obstacles that may be causing your current program to be ineffective.
Topics: referral programs