>>

>>

Do Employee Referrals Result in the Best Hires?

Can Employee Referrals Help You Hire The Best Talent? - TalentVine Blog

No one knows your organisation better than the existing employees. Therefore, their referrals are an invaluable resource for your organisation. They have a good feel for the type of person that would thrive in the existing culture. It is because they understands your company values, culture, deliverables and most importantly, your goals. Your employees will know people in their circle that resonate with this.

There is no substitute for a personal connection when it comes to candidate introductions. Sourcing through employee referrals is not just authentic but also time-saving. Additionally, this will heavily reduce employee turnover, as they have a good feel for the type of person that would thrive in the existing culture.

Representing
current employees as frontline recruiters lessen the burden on HR. Thus, organisations should trust their employees to seek the best talent in the networks on your behalf. Referrals impact employee engagement, productivity and retention. They will also pave the way for existing employees to act as agents of change for an organisation and feel they are making an impact.

So, how can you implement a top-level employee referral scheme?

1. Provide recognition and incentives to encourage quality referrals.

This shouldn’t just be money. You can offer sports or cultural tickets, dinner vouchers or additional time off. However, if you opt for this route, then a tiered system is an effective tool to motivate employees. Offering higher rewards for harder-to-fill positions is a good example. You can also offer more to employees if referred candidates get interviewed, get hired or stay at your company for at least six months. In short, you should aim to receive referrals that will last, and thrive within the business.

2. Implement efficient communication methods.

Utilising mediums like Slack to communicate hiring messages helps to spread the word like wildfire! Additionally, employees can post job ads on professional platforms like LinkedIn and their own Facebook page. Thus, saving the money spent on job boards as you benefit from the network effect.

It’s important to keep employees up to date with where the referred candidate is in the process. Not hearing back from internal HR about where the candidates currently are in the process, will make them reluctant to refer a talent in the future. Even if the referred candidate isn’t successful, a simple thank-you message will encourage them to continue looking for great people.

3. Clearly explain the job requirements

We can’t rely on all employees to know what you’re looking for in an employee. Whilst they may have a good idea of the cultural fit, knowing the job requirements is a different story.

Include the job descriptions, the application processes, and you can even include some highlights round what you’re NOT looking for. The U.S. energy company DCP Midstream prevented unqualified referrals by using the below campaign. Remind your employees that not every friend or acquaintance makes a good hire!

Great guy, unless you have to work with him - TalentVine

Building referral programs systematically will aid in a productive investment of your employees’ time and effort. Embrace the new innovative approach by sourcing candidates through employee referrals. However, relying on referrals alone is not recommended as this leaves you fishing from a small pond. Always spread your net as wide as possible. You should utilise job boards and recruitment specialists simultaneously, so you can access candidates outside of your network.

TalentVine – The Trusted Recruitment Marketplace 

If you’d like to discuss your current hiring processes, we are always happy to help. Please don’t hesitate to get in touch with the TalentVine team, so we can connect you with +370 specialist recruitment agencies!

The Confidence to Support Small (and Large) Business
TalentVine - Recruitment Martketplace

Enterprise Agency Enquiry

Please tell us about your recruitment agencies requirements and we will get back to you as soon as possible.

TalentVine - Recruitment Martketplace

Tell us the details of the role(s) you’re hiring for and you’ll receive a free consultation on your recruitment options, what to expect when recruiting and what steps you need to take next.

This is a free call with no obligation to use TalentVine afterwards.

TalentVine - Recruitment Martketplace

View Outsourcer Contact Details

Please provide us with your contact details to access this content.

TalentVine - Recruitment Martketplace
TalentVine - Recruitment Martketplace

Share Your Role Details With TalentVine

Fill in the form below and outsourcing firm get back to you shortly to discuss your outsource hiring needs.

TalentVine - Recruitment Martketplace

Request a Callback About This Outsourcing Firm

Fill in the form below and TalentVine will get back to you shortly to discuss your outsource hiring needs.

If you worked with this outsourcing firm, leave them a review on TalentVine and you’ll receive $100 MYER giftcard.

TalentVine - Recruitment Martketplace

Request a Callback

Fill in the form below and we’ll get back to you shortly to discuss your recruitment needs.

Get to know TalentVine's Powerpack without any commitment.

No payment details required. 

Are you a recruiter? Sign-up here instead.

By signing up you agree to TalentVine’s Terms & Conditions

Get to know Innovator Pack without any commitment.

No payment details required. 

Are you a recruiter? Sign-up here instead.

By signing up you agree to TalentVine’s Terms & Conditions

Get to know TalentVine's Powerpack without any commitment.

No payment details required. 

Are you a recruiter? Sign-up here instead.

By signing up you agree to TalentVine’s Terms & Conditions

Create Your Free Employer Account

No payment details required.

Are you a recruiter? Sign-up here instead.

By signing up you agree to TalentVine’s Terms & Conditions
TalentVine - Recruitment Martketplace

Get In Touch

Enter your business contact details and we’ll get in touch or give us a call on: 1300 940 459

TalentVine - Recruitment Martketplace

Post A Role

Let us know the ideal hire that you’re looking to make. You’ll remain anonymous and receive custom quotes from specialist recruiters that are able to help. There is no cost to proceed, and your details will never be shared without your permission.

Already have an account? Login here