This presentation helps you understand how you can setup a fast, easy and effective employee referral program using the wisestep.com platform. Use it to believe it !

1. Do you know your Co$t of Hiring?

2. Studies indicate that the Average Cost per Hire is $ 4,000 In USA

3. Studies indicate that the Average Cost per Hire is $ 4,000 In USA £ In UK 4,500

4. Studies indicate that the Average Cost per Hire is $ INR 4,000 In USA £ In UK In India 4,500 50,000

5. Average Cost per Hire through Recruitment Firms $ 18,700 In USA

6. Average Cost per Hire through Recruitment Firms $ 18,700 In USA £ In UK 12,000

7. Average Cost per Hire through Recruitment Firms $ INR 18,700 In USA £ In UK In India 12,000 70,000

8. Average Employee Referral Reward per Hire $ 640 In USA

9. Average Employee Referral Reward per Hire $ 640 In USA £ In UK 500

10. Average Employee Referral Reward per Hire $ INR 640 In USA £ In UK In India 500 10,000

11. Lets see what successful Employee Referral programs can do !

12. 33% % New hires through Referrals for

13. 33% % New hires through Referrals for 40%

14. 33% % New hires through Referrals for 40% 50%

15. 33% % New hires through Referrals for 40% 50% What % of your hiring is from Referrals ?

16. Referrals helped the company grow their facility from 100 to 300 employees

17. Referral Rewards paid to hire over 3000 people $ 7 MN

18. Referral Rewards paid to hire over 3000 people $ 7 MN Average Referral Reward paid out per hire $ 1000 - $ 2500

19. Referral Rewards paid to hire over 3000 people $ 7 MN Estimated Savings, if other channels were used for Hiring Average Referral Reward paid out per hire $ 1000 - $ 2500 $ 20 MN

20. Referral Rewards paid to hire over 3000 people $ 7 MN Estimated Savings, if other channels were used for Hiring Average Referral Reward paid out per hire $ 1000 - $ 2500 $ 20 MN What is your cost of not having a Referral program?

21. Average number of Referrals leading to a successful hire 15

22. 84 Average number of candidate applications from job boards leading to a successful hire Average number of Referrals leading to a successful hire 15

23. 84 Average number of candidate applications from job boards leading to a successful hire Average number of Referrals leading to a successful hire 15 Are you still spending more time and money on Job Boards than necessary ?

24. 5% % of Employees that normally participate in Employee Referral Programs

25. 5% % of Employees that normally participate in Employee Referral Programs 25% % of Employees that need to participate in Employee Referral Program to make it successful

26. 5% % of Employees that normally participate in Employee Referral Programs 25% What % of your employees participate in Referrals ? % of Employees that need to participate in Employee Referral Program to make it successful

37. Log on to www.wisestep.com/Recruiter/signin.aspx Act Now, Reduce your Hiring cost ! Make Employee Referrals your dominant hiring channel. Try us Today