Turbo-charge your hiring using
Referrals !
Hiring is expensive

$ 4,000+
For American Companies

-- Source CFO News

£ 4,500
For British Companies

--Source: CIPD An...
Cost of Hiring – Conventional Methods
Hiring Channels

USA

UK

Resume Database
Access

$ 8000 / Year

£ 6000 / Year

Recr...
Cost of Hiring Channels
High
Employee
Referrals

Recruitment
Agency

Resume
Database
Access

Quality of
Applicants
Job Pos...
Employee Referrals provide
• High Quality Candidates
• Lower hiring cost

Unbeatable ROI
Wisestep helps you reduce hiring cost
and save time by managing
• Referrals from Employees
• Referrals from Non Employees
...
Employees

Social
Networks

Website
Visitors

Wisestep
Community

1

2

3

4

Non Employees
Your Jobs

Wisestep Referral Hiring Platform

Employees

1
Referrals from
Employees

Social
Networks

Website
Visitors

Wi...
Leveraging Employees for Referrals
With Wisestep
Your Jobs

Wisestep Referral Hiring Platform

Employees

1
Referrals from
Employees

Social
Networks

Website
Visitors

Wi...
Employee Referral Stats

25%

Hires through Referrals in Best in Class
companies

50%

Reduction in hiring cost as compare...
Traditional Employee

Employee Referral

Referral

Enabled by Wisestep

• Sharing and Referring Jobs is
tedious and challe...
Leveraging Social Media for
Referrals

With Wisestep
Your Jobs

Wisestep Referral Hiring Platform

Employees

1
Referrals from
Employees

Social
Networks

Website
Visitors

Wi...
Job Seekers on Social Media

88%

Jobseekers have at least 1 Social Media profile

130

Average number of Friends of a Fac...
Jobs

Benefits
Facebook

Wisestep

Twitter

Linkedin
Groups

Google+

Linkedin
Profile

1. Instant Sharing on Multiple
Soc...
Leveraging your website visitors for
Referrals and Applications
With Wisestep
Your Jobs

Wisestep Referral Hiring Platform

Employees

1
Referrals from
Employees

Social
Networks

Website
Visitors

Wi...
Website Visitors : Source and Statistics

30%

Visitors to websites are Job Seekers

25%

Increase in Job Applications aft...
Your website address is advertised and
published everywhere including
•
•
•
•

Product and its Packaging
Sales Brochure, e...
Product
Packaging
Business
Cards

Email
Signatures

Advertising

Website

Social
Networks

Search
Engines

Sales
Collatera...
Product
Packaging
Business
Cards

Email
Signatures

Benefits
Advertising

Website

Search
Engines

1. Add a Careers sectio...
Leveraging the Wisestep
Community for Referrals
Your Jobs

Wisestep Referral Hiring Platform

Employees

1
Referrals from
Employees

Social
Networks

Website
Visitors

Wi...
Wisestep Community

5000+

Independent Recruiters and
Professionals that Refer Candidates to
Open Positions

50%

Reductio...
Your Jobs

Benefits
Wisestep
Referral Hiring
Platform

Independent
Recruiter
Community on
Wisestep

1. Generate Leads and
...
Putting all the Referral Channels
together to

Reduce Cost
Save time
Wisestep Referral Hiring Platform

Employees

Social
Networks

Website
Visitors

Wisestep
Community

1

2

3

4

Benefits
...
Give your Employee Referrals the Extra Edge and Reduce your
Hiring cost by

Up to
Call us for a free consultation to help
you reduce cost and save time
Contact us on: sales@wisestepmail.com
US : +1 201 60...
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Turbo-Charge your Hiring with Referrals

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Wisestep helps you set up and manage all the sources of your referrals in one single place.

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Turbo-Charge your Hiring with Referrals

  1. 1. Turbo-charge your hiring using Referrals !
  2. 2. Hiring is expensive $ 4,000+ For American Companies -- Source CFO News £ 4,500 For British Companies --Source: CIPD Annual Report
  3. 3. Cost of Hiring – Conventional Methods Hiring Channels USA UK Resume Database Access $ 8000 / Year £ 6000 / Year Recruiter Compensation Cost $ 50,000 / Year £ 25,000 / Year Agency Cost 15-20% of Compensation 15-20% of Compensation Job Posts $299 / month £ 299 / month
  4. 4. Cost of Hiring Channels High Employee Referrals Recruitment Agency Resume Database Access Quality of Applicants Job Posts Low Direct Applications Low High Cost of Hiring
  5. 5. Employee Referrals provide • High Quality Candidates • Lower hiring cost Unbeatable ROI
  6. 6. Wisestep helps you reduce hiring cost and save time by managing • Referrals from Employees • Referrals from Non Employees All in one Place
  7. 7. Employees Social Networks Website Visitors Wisestep Community 1 2 3 4 Non Employees
  8. 8. Your Jobs Wisestep Referral Hiring Platform Employees 1 Referrals from Employees Social Networks Website Visitors Wisestep Community 2 3 4 Referrals from Non Employees CANDIDATES
  9. 9. Leveraging Employees for Referrals With Wisestep
  10. 10. Your Jobs Wisestep Referral Hiring Platform Employees 1 Referrals from Employees Social Networks Website Visitors Wisestep Community 2 3 4 Referrals from Non Employees CANDIDATES
  11. 11. Employee Referral Stats 25% Hires through Referrals in Best in Class companies 50% Reduction in hiring cost as compared to hiring through an agency <5% Percent of employees that participate in a poorly run employee referral program
  12. 12. Traditional Employee Employee Referral Referral Enabled by Wisestep • Sharing and Referring Jobs is tedious and challenging • Share Jobs on email, Social networks in Seconds . Even upload a CV. • Managed on email and excel • Employee Referral is embedded with your Careers section. Jobs are easy to find • Tracking and Reporting of Referrals is infrequent and often not accurate • Status Updates to Referrers is not regular or accurate • All Tracking of Referrals is automatically done • Real time and Transparent reporting to Referrers Benefits 1. Reduce Hiring cost by up to 50% 2. Increase Number of Referrals and close more positions from Referrals 3. Reduce Employee Attrition
  13. 13. Leveraging Social Media for Referrals With Wisestep
  14. 14. Your Jobs Wisestep Referral Hiring Platform Employees 1 Referrals from Employees Social Networks Website Visitors Wisestep Community 2 3 4 Referrals from Non Employees CANDIDATES
  15. 15. Job Seekers on Social Media 88% Jobseekers have at least 1 Social Media profile 130 Average number of Friends of a Facebook User 1 in 6 People credit Social Media with their current Job
  16. 16. Jobs Benefits Facebook Wisestep Twitter Linkedin Groups Google+ Linkedin Profile 1. Instant Sharing on Multiple Social Networks saves time 2. Reach up to 500,000 people on Social Media in seconds 3. Cost of Sharing on Social Networks is MORE CANDIDATES $0
  17. 17. Leveraging your website visitors for Referrals and Applications With Wisestep
  18. 18. Your Jobs Wisestep Referral Hiring Platform Employees 1 Referrals from Employees Social Networks Website Visitors Wisestep Community 2 3 4 Referrals from Non Employees CANDIDATES
  19. 19. Website Visitors : Source and Statistics 30% Visitors to websites are Job Seekers 25% Increase in Job Applications after integrating with Plugins like “Apply with Linkedin” $0 Cost of getting Job Applications from your website
  20. 20. Your website address is advertised and published everywhere including • • • • Product and its Packaging Sales Brochure, emails Ads – TV, Media, Print, Internet Ton of other places Your sales and advertising budget already generates visitors to your website. Use this stream of website visitors to generate Referrals.
  21. 21. Product Packaging Business Cards Email Signatures Advertising Website Social Networks Search Engines Sales Collateral Where are the Job seekers on your website going ?
  22. 22. Product Packaging Business Cards Email Signatures Benefits Advertising Website Search Engines 1. Add a Careers section to your Website in 10 Minutes Social Networks Sales Collateral Powered by Wisestep Careers Section MORE CANDIDATES 2. Convert Website Visitors to Applicants and Referrers 3. Cost of Job Applications from your Website is $0
  23. 23. Leveraging the Wisestep Community for Referrals
  24. 24. Your Jobs Wisestep Referral Hiring Platform Employees 1 Referrals from Employees Social Networks Website Visitors Wisestep Community 2 3 4 Referrals from Non Employees CANDIDATES
  25. 25. Wisestep Community 5000+ Independent Recruiters and Professionals that Refer Candidates to Open Positions 50% Reduction in Hiring cost of a Referral as compared to an Agency Hire $2 MN+ Total Referral Rewards on offer
  26. 26. Your Jobs Benefits Wisestep Referral Hiring Platform Independent Recruiter Community on Wisestep 1. Generate Leads and Referrals quickly by crowdsourcing from 5000+ Independent Recruiters Recruiter 1 Prof.. Recruiter 1000+ Pro.. 5000+ 2. Pay when you Hire 3. Referral Rewards reduce Hiring cost by up to 50% CANDIDATES
  27. 27. Putting all the Referral Channels together to Reduce Cost Save time
  28. 28. Wisestep Referral Hiring Platform Employees Social Networks Website Visitors Wisestep Community 1 2 3 4 Benefits Benefits Benefits Benefits 1. Reduce Hiring cost by up to 50% 1. Social Media Sharing costs $0 1. Cost of Job Applications is $0 1. Reduce Hiring cost by up to 50% 2. Increase Referrals and close more positions 2. Reach up to 500,000 People in seconds 2. Get a Careers page in 10 Minutes 2. Get Leads and Referrals Quickly
  29. 29. Give your Employee Referrals the Extra Edge and Reduce your Hiring cost by Up to
  30. 30. Call us for a free consultation to help you reduce cost and save time Contact us on: sales@wisestepmail.com US : +1 201 604 3490 UK : +44 207 096 0677 India : +91 40 6514 1680

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