With a severe talent crunch afflicting most industries, Employee Referrals and Employee Referral programs are becoming a panacea for motivating the current employees to partner in the recruitment process. For organizations wanting to focus their limited time and resources on programs with the highest impact, the lowest cost and little chance of failure, Employee Referral Programs tower above other recruitment Methods.
2. Employee engagement and participation
has proved to be a success factor for
many organizations.
Thus, this employee involvement can be
achieved with different ways.
An employee referral program (ERP) is
one such initiative that has being used
across companies around the world and
continues to prove efficient.
3. Wider reach for talent from an
employee referral program
Hunting talent is difficult since not everyone
around is looking for a job change.
There are many working professionals who
might be passive but would not mind getting
alerted of better opportunities.
So using your employees’ current connections
can help you reach a wider audience and thus
increasing the chances of filling a vacant
position with less time and money involved.
4. Get quality candidates with employee
referrals
The employees of an organization will filter
out quality candidates by scrutinizing the
applications received for open jobs making a
recruiter’s task even simpler.
Employees usually feel that an “employee
referral” is a form of reiteration of their faith in
their faith in their company’s value statement
and hence make sure they refer only
outstanding and competitive talent
5. An employee referral program is a
cost saver
An employee referral program can never
become the only recruitment tool that a
company resorts to source talent.
It can however help save considerably on
advertising and hiring costs over a long run
and thus be part of an organization’s
recruitment strategy.
Integrating social media with your referral
program helps further reduce cost of running
the program.
6. Increase of morale and motivation
among employees
An effectively running employee referral
program highlights the fact that the
management trusts their staff’s judgment
which builds up employee confidence and
gives employee engagement a boost.
An effective reward management system
also helps the participating employees to
be motivated and proactive.
7. Employee referral programs are an
effective time saver
The recruitment cycle is shorter for a referred
candidate than an employee coming from other
recruiting sources like job-boards, career sites etc.
Also the company image in the eyes of the referred
candidate and projected the job as the best one.
Since the candidate comes as a referral, the scope
of conducting background checks and reference
checks on character and ability is reduced
8. With these simple steps you are sure to see improved results in your referral
program. And if you need a tool that will help you seamlessly achieve all of this,
ZALP is just a click away
You may also opt for a free consultation on improving your referral program
results. Our employee referral specialists would be glad to help.
9. For more information, visit
www.zalp.com
To book a free demo, drop a mail to
info@zalp.com
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You may also call us for any other assistance
1-866-217- 1267