Till some time ago, an employee referral program was just another feel good scheme from the HR function which ran more on paper than in actual life.
Creating a referral brand helps to build a referral culture in the organization wherein employees feel positively motivated towards participating in the program and referring quality candidates.
While Employee referral programs have emerged as a powerful recruitment tool, it is not just enough to launch an Employee Referral Program with fanfare.
Arguably one of the most difficult jobs in any organization is that of a recruiter who is tasked with bringing quality talent into the organization.
Landing a job in today’s job market is as much about the people you know as your skill set. Knowing the right people in the right organization can land you a job sooner than most other people.
Employee referrals currently occupy pride of place among all recruiting sources with approximately 40% of all hiring happening through referral programs as per industry research.
An often overlooked but nevertheless important factor in the success of an employee referral program is the support extended by the management team.
Facebook crossed the billion active user marks, as on December 2012, creating one of the largest pools of potential candidates.
Using employees to refer candidates for filling open positions is now a tried and tested recruiting method of inducting good quality candidates into the organization.
An employee referral program thrives on the ability of employees to refer high caliber people for job openings within the organization.
