The single key to your business success is to hire great employees. This weeks blog posts will all be related to hiring employees.
Enjoy the post, John
3 Ways to Find Better New Employees
“Participation in traditional employee referral programs is extremely low, even if you offer incentives for successful hiring recommendations,” Eliraz wrote in an email. So how do you run a referral program that actually works? Besides, of course, plugging his own company’s product, Eliraz also offered three tips. He writes:
Change the question. Most employers ask, “Whom do you know who would be a good fit?” The majority of employees won’t personally know someone with the right qualifications, so their participation in the effort stops right there. Change the question to, “Whom do you and your friends know?” This broadens the pool of potential candidates and allows all employees to participate.
Widen the circle–offer referral rewards to trusted nonemployees too. Employees are an obvious source to recommend qualified candidates since they know your business and industry well. But don’t forget other great sources, such as former employees, suppliers, vendors, and partner organizations. A referral program that leverages these sources as well as employees can deliver more qualified candidates.
Gamify your referral program. Most referral programs only reward the few employees whose recommendations result in a hire. That leaves out everyone else who tried to help–and their efforts are important too. Introduce some friendly competition into the process by making a game of it. Use a leaderboard where employees and departments can see where they stand in terms of referral volume, and reward those who are active in the program with small prizes like movie tickets.
Have you had good results from referral programs?
Jessica Stillman is a freelance writer based in London with interests in unconventional career paths, generational differences, and the future of work. She has blogged for CBS MoneyWatch, GigaOM, and Brazen Careerist. @EntryLevelRebel
- 3 Ways to Find Better New Employees (inc.com)
- Zao: The social hiring tool that automates and gamifies referrals … putting cash in your hand (venturebeat.com)
- Acclaimd puts a new spin on the employee referral program (themetropreneur.com)