For any growing company, referrals play a key role in almost all aspects of business operations – from selecting new vendors to getting introductions to new prospects;
Talent acquisition is certainly another such area where referrals from employees have long been considered a valuable source of finding good quality talent. Most companies and their executives understand this. Still, most employee referral programs fail to perform and are ineffective.
Unfortunately, while companies want to leverage employee referral programs to improve their hiring process, they are consistently unable to implement these in an effective and sustainable way to get company-wide adoption.
Employee Referral Programs are aimed to encourage staff to help the organization find competent candidates. Since referred candidates have been vetted by the company’s employees, they are likely to perform better and have greater retention rates, if hired.
At the same time, the referral process serves
via Best Practices To Boost Your Employee Referral Programs. – Friday, 3rd October 2014 at 4Hoteliers.
