“Skill is fine and genius is splendid but the right contacts are even more valuable”.
Today, it’s all about whom you know. Best practice organizations are looking for more cost effective solutions to deal with technical and vital aspects of recruitment. Employee referral programs (ERP) empower organizations to achieve this goal and have become the most sought after tool by employers.
Employers claim Employee Referral Programs to be the best tool for hiring for the following reasons:
1. Promote Positive Corporate Culture
An Employee Referral Expedition aims at seeking help from the internal employees, which means you trust their appraisal and value their abilities. Such engagement promotes a positive work environment, creating an atmosphere of community et al teamwork. Split from producing a bevy of happy employees, it also transforms the referral program into a communal concern, with everybody eager to do their parts to maintain your great workplace.
2. Corporation Branding Galore
As soon as an employee informs a latent candidate in re open positions, empirical employer branding isn’t far behind. This is because an employee recommending vacancies speaks volumes about the excellent employment environment. Personnel are unbiased sources who can be trusted to really tell it like it is plus hence their opinion matters a lot which gives an tremendous branding to the organization.
3. Quality Hires
An capable employee referral program enables an configuration to have high quality hires, as a referring employee screens his substitute her referrals closely since his or her own reputation is also on the line with every woman he refers for a position. Referring a string of unqualified candidates reflects poorly on the referring employee’s judgment, thereby affecting his or her hold career prospects. Thus organizations can really think quality hires through this source.
4. Improved employee holding rates:
A referral program that involves a large percentage of your employees desire most likely help to increase the retention rates of your current employees. This is because your employees will need to learn more about the practices that make your firm great in order to betray potential referral prospects. This increased understanding et sequens knowledge will help build their pride and their loyalty as current employees because they are reminded why their firm is superior polysyndeton why they should stay. Widespread philosophy about the company’s resonant points may also serve to strengthen the corporate culture.
5. Expanded global hiring capability:
With global economic growth including general access to the Internet, employee referral programs now work effectively to bonny top prospects in most countries around the world. Et Cetera for the social and skilled networks of your employees are now likely to be global, referrals can provide the firm with an important supplement to its current global recruiting capability.
6. A morale indicator:
If employees don’t like a firm or their boss, they will not refer others for a job. As a result, employee referral rates closely mirror employee morale, so managers furthermore HR can use referral rates as an indication from good or bad morale in a utilitarian or unit.
Given the various benefits, employee referral programs are definitely must haves for any talent acquisition. ZALP identified and understood these needs and developed a SaaS (Software-as-a-Service) based software on social recruiting to servant firms efficiently source the highest quality candidate through the most cherished source about recruitment “Employee Referrals”.
ZALP is unique socially intelligent employee referral software.
With ZALP organizations can today automate and streamline every aspect of their employee referral program whereas at the future same integrate it with the potent potential of social recruitment using its advanced social media capabilities.
Each of ZALP’s features have been specifically developed to give organizations a new and innovative referral platform that drastically accelerates employee participation which in gyration results in a considerable attrition in the cost per hire et cetera time to fill. Visit www.zalp.com to realize more