4 Important Factorsthat drivean
Employee ReferralProgram
4 Important
Factors that drive an
Employee Referral Program
4 Important Factorsthat drivean
Employee ReferralProgram
Finding quality talent is imperative for the success of any busin...
4 Important Factorsthat drivean
Employee ReferralProgram
Here’s an overview of the factors that
drive a successful employe...
4 Important Factorsthat drivean
Employee ReferralProgram
An ERP that does not tend to focus on critical areas, very often ...
4 Important Factorsthat drivean
Employee ReferralProgram
While rewards drive an Employee Referral Program is now a given, ...
4 Important Factorsthat drivean
Employee ReferralProgram
It will help the cause of referrals if more people are included i...
4 Important Factorsthat drivean
Employee ReferralProgram
An employee referral program that is integrated with social media...
4 Important Factorsthat drivean
Employee ReferralProgram
A well-designed & highly visible
Employee Referral Program can
go...
4 Important Factorsthat drivean
Employee ReferralProgram
For more information, visit
www.zalp.com
To book a free demo, dro...
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4 important factors that drive an employee referral program zalp

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4 important factors that drive an employee referral program zalp

  1. 1. 4 Important Factorsthat drivean Employee ReferralProgram 4 Important Factors that drive an Employee Referral Program
  2. 2. 4 Important Factorsthat drivean Employee ReferralProgram Finding quality talent is imperative for the success of any business. Employee Referral Programs have emerged as a great resource in generating quality employees but merely launching a referral program is not equivalent to it being successful. INTRODUCTION
  3. 3. 4 Important Factorsthat drivean Employee ReferralProgram Here’s an overview of the factors that drive a successful employee referral Program:
  4. 4. 4 Important Factorsthat drivean Employee ReferralProgram An ERP that does not tend to focus on critical areas, very often tends to lose steam. It is fairly important to prioritize & focus on targeted jobs & positions to ensure that employee efforts aren’t dissipated across a whole lot of jobs that can easily be filled through other recruiting sources. Most successfully running ERPs tend to focus on: • Mission Critical Jobs • Jobs that are hard to fill • Positions that have a high success rate of being filled with referrals Prioritization
  5. 5. 4 Important Factorsthat drivean Employee ReferralProgram While rewards drive an Employee Referral Program is now a given, successful companies ensure that these rewards are relevant. Monetary rewards are of course needed, however the fear in overdoing them is that the participation levels are bound to fall if at any stage there is a need to cap them. Along with monetary rewards, the following work best: • Positioning the Employee Referral Program as a great way for Employees to choose quality co-workers • High quality hires will mean improvement in productivity, profits & hence employee stock values and bonuses Relevant Rewards
  6. 6. 4 Important Factorsthat drivean Employee ReferralProgram It will help the cause of referrals if more people are included into the ambit of the program. Here are some thoughts on increasing the scope of the program: • Allow Managers & HR teams to participate • Expand scope of the program to non employees, namely business constituents such as vendors, customers or even previous employees • Companies like Booz Allen, even have a referral program that encourages internal movements. • Asking new hires on on-boarding for referrals is also a great way to pass on the culture of the company that places great emphasis on employee referrals, to new recruits. Broadening the scope of the Program
  7. 7. 4 Important Factorsthat drivean Employee ReferralProgram An employee referral program that is integrated with social media features, renders it easy for employees to share open positions with their social networks. Not only are you turning your employees but also their social media contacts, into virtual recruiters. With the ability to automate the referral process and have multi level referral tracking, it is easy to identify star performers & reward them accordingly. Integrating social media
  8. 8. 4 Important Factorsthat drivean Employee ReferralProgram A well-designed & highly visible Employee Referral Program can go a long way in revving up a company’s recruitment strategy and also strengthening its employee base.
  9. 9. 4 Important Factorsthat drivean Employee ReferralProgram For more information, visit www.zalp.com To book a free demo, drop a mail to info@zalp.com You may also call us for any other assistance 1-866-217-1267 www.linkedin.com/company/zalp www.facebook.com/zalp03 www.twitter.com/zalptweets Zalp integrates with all leadingATS providers.

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