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Top 4 Reasons Why Employee Reasons Are The Best Source Of Hires
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With a talent crunch inflicting almost every type of business today, employee referrals as a recruiting source is now being used extensively by recruiters owing to the varied benefits it offers.
But before even discussing the benefits of an effective employee referral program, it is very important to understand the positive corporate culture which is promoted by encouraging employees to participate in an activity as important as recruitment. It sends a very positive signal that the organization values the referrals made by existing employees by trusting them to recommend candidates who can be a fit to the organization.
But why are employee referrals essentially the best source of hire?
1. Wider reach using your employees’ connections
Hunting for talent is the most difficult task when it comes to recruiting since finding the right match for a vacancy is not easy every time. There are many working professionals who might not be actively searching for a job but can always be alerted of better job opportunities.
This is when you can use your employees’ current connections to reach a wider audience thus filling a vacant position with minimum efforts and less time and money involved.
2. Using employee referrals saves recruiting costs
An employee referral program cannot replace the company career site and hence cannot be the only recruitment source for companies to source talent. It can thus help save huge hiring and advertising costs thus enabling organizations to diver these funds in employee training and development. A socially integrated employee referral program can further reduce the cost of running the program.
3. Effective time saving with employee referrals
The hiring cycle is usually shorter when it is through employee referrals than any other recruiting sources. The simple reason for that is the candidate is already made aware of the company and its culture beforehand thus reducing the decision making time of the candidate. The employee makes sure that the job is projected as the best one in the market thus expediting the entire employee referral process.
4. Effective employee referral programs assure quality
An employee will always make sure that his referrals are always competitive since he has to maintain the trust which the management has on him. Further the employee knows the company culture and the job requirements thoroughly which make him find the right candidate for the job. The initial filtration of candidates can be effectively done by him thus reducing the efforts of the recruiter.
A successful employee referral program builds employee confidence in the system and also increases employee engagement levels. The participation in these employee referral programs can be kept at optimum levels with an effective reward management system.
Using the right technology to boost employee participation in the referral program is the ideal solution to a successful referral platform.
ZALP is one of the very few recognized software’s that single mindedly focuses on improving the employee referral program of an organization. ZALP gives employees 7 easy and convenient ways to make quick referrals through its powerful social media integration. Visit www.zalp.com to know more.
Author Bio :
Savio Vadakkan is the Marketing Professional at ZALP, a unique employee referrals solution. ZALP helps organizations with benefits of an effective employee referral program & employee referral process also using advanced socially integrated employee referral program techniques.
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