Who knows your company culture better than your own employees? They live it everyday, and therefore can most likely evaluate who else would be a good fit in the environment. Employee referral programs are a great way to recruit quality talent to your company. According to an article written on The Hiring Site, referrals make up 26.7% of all external hires.
Here are 4 tips on creating an effective employee referral program:
1) Your employees have to know when there are open positions.
2) Give an incentive for referring. Your employees may not be motivated to refer people without some sort of incentive.
3) Contact the referrals quickly. With large businesses, the amount of referrals may get overwhleming if they pile up.
4) Ensure that the referrals your employees make are going to be serious, quality candidates. In order to enforce this, have employees fill out a detailed form on why their referral would be a good fit.
Read the full article which gives greater detail on each of the tips here:
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