{"id":32667,"date":"2012-03-29T14:51:39","date_gmt":"2012-03-29T19:51:39","guid":{"rendered":"http:\/\/articles.pcrecruiter.net\/?p=299"},"modified":"2024-01-11T11:48:35","modified_gmt":"2024-01-11T16:48:35","slug":"employee-referral-programs-pros-con","status":"publish","type":"post","link":"https:\/\/www.pcrecruiter.net\/site\/2012\/03\/29\/employee-referral-programs-pros-con\/","title":{"rendered":"Hiring via Employee Referral Programs? Do Your Homework"},"content":{"rendered":"

You\u2019ve spent a lot of time pouring over the resumes for a critical job opening at your company. Some fit well, others are the proverbial square-peg-in-a-round-hole applicant.<\/p>\n

Time to ramp up the recruiting<\/a> process.<\/p>\n

Approval comes from above to initiate a spiff to company employees for referring apt candidates.<\/p>\n

Granted, relying on employee referrals is a great starting point: like-minded people can reduce the unknown factors of the new hire immensely.<\/p>\n

However, an article in the Canadian HR Reporter<\/a>, Problems with Employee Referrals<\/em>, puts forward a few pluses-and-minuses in \u201cusing the workforce\u201d to search for a candidate.<\/p>\n

THE GOOD \u2026<\/p>\n

\u2026 existing employees are unlikely to recommend someone they wouldn’t personally vouch for.<\/p>\n

\u2026 candidates who aren’t necessarily applying to every online job posting available.<\/p>\n

Nabbing that perfect hire reflects well on your employees. For sure, an ambassador affect kicks in as employees tout your organization as top-notch to work for.<\/p>\n

THE BAD \u2026<\/p>\n

\u2026 organizations\u2026can become “inbred” with employees who are too much alike.<\/p>\n

… Some people feel employee referral programs are more helpful to employees’ friends and relatives than the organization.<\/p>\n

SOLUTIONS \u2026<\/p>\n

Set a policy regarding the referral bonuses that says the new hire must stay put for a given period of time before payouts are made.<\/p>\n

Also, it only makes sense to give some feedback to your employees if some of their referrals aren\u2019t meeting your requirements.<\/p>\n

Oh, and in keeping with full transparency, make sure you tell a referral that your employees are being paid a bonus for rounding up candidates.<\/p>\n

In the end, it\u2019s probably best not to fire up an employee-referral system as your only recruitment method. On that note, be sure to check out our web-based recruiting software<\/a>; it’s by over 2900 companies in more than 60 countries.<\/p>\n","protected":false},"excerpt":{"rendered":"

Nabbing that perfect hire reflects well on your employees. For sure, an ambassador affect kicks in as employees tout your organization as top-notch to work for.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[24],"tags":[],"class_list":["post-32667","post","type-post","status-publish","format-standard","hentry","category-industry"],"acf":[],"yoast_head":"\r\nHiring via Employee Referral Programs? 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