Employee Referral Program
The most powerful tool to hand employees is that of an employee referral program. Now is the time to align your hiring needs with your talent acquisition strategy.
Cost conscious companies recruiting in a vast labor market can cut costs by implementing referral programs. These programs can yield highly qualified candidates that are more likely to fit the company's culture.
With the main incentive in an employee referral program (ERP) being a cash incentive, this cost can be much lower than the actual cost of recruiting. Although recruiting candidates through an ERP can be less costly, keep in mind these programs are not a final solution to your hiring needs. Still there are many advantages to these programs.
Advantages of an ERP Include:
- Improved employee relationships.
- There is a decrease in the time to hire.
- You can reward the behavior, not just results.
At ApplicantPro you can give your employees an easy way to get the word out about your open positions with our employee referral portal. With a login, your employees can check out the hiring incentive by job and can see the number of of views the position receives. With vibrant social media buttons, sharing can happen with just one click! Referrals have never been so easy.
Let us show you how we can help incorporate employee referral program ideas into your strategy!