Employee Referral Programs

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=EjSahL3iMGQ

http://blog.hr360.com/hr-blog/employe... • Video Highlights: • 0:00 Today, we’re going to talk about employee referral programs and why they just may work wonders for your business. • 0:31 As a hiring manager, you may think the best way to fill your open positions is by posting job openings online. • 0:43 It turns out that employee referrals may be one of your most effective options when it comes to hiring top candidates. • 0:54 A report from Jobvite, a recruiting technology firm, supports the idea that employee referrals generate a greater percentage of hires and that these individuals remain with their firms longer. • 1:25 When it comes to hiring, employee referrals result in almost 40 percent of all hires. • 1:32 Referrals are hired 55 percent faster – saving precious down time and wasted recruitment effort. • 1:36 Candidates hired through referrals stay longer: 46 percent of these individuals were still at their firms three years later, compared to just 14 percent of those hired via job boards. • 1:50 If you don’t currently have an employee referral program, consider starting one! It could be a smart investment that will pay off when you’re ready to hire.

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