Are You Overlooking Your Best Referral Source

Jan 27
22:00

2004

Head2Head

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Studies show that current employees can be the number one sourceof candidate referrals. As a bonus, candidates referred by employeesoften ramp up to full productivity faster than candidates from othersources.

So how are you taking advantage of this? Do you have a formal employeereferral program in place? If not, you should look to develop one.If you do have a program, look for ways to improve it.

Consider your internal marketing. How are you letting employeesknow about the kinds of candidates you want? How are you getting themexcited about making referrals? Do they know what's in it for them?

Look at your incentive structure. How can you get people to refer starperformers from their previous workplace, in addition to friends? Isit clear to employees when bonuses are awarded and how much can beearned? Remember that a bonus paid for an employee referral gives youdouble bang for your buck. At the same time that you're getting a pre-qualifiedcandidate, you're also providing an incentive for the current employeeto stick around.

What does you employee referral program do for you? Take our poll, and see how othershave voted at www.head2head.ca.

This month's recruiting headlines:

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