The shortage of skilled workers is growing from year to year and employers have to think of new measures in the fight for the best talent in order to get not only good but also suitable applicants. One measure has experienced an upswing in recent years and will continue in the coming years: employee referral programs.
An employee referral program is any systematic bonus that aims to increase the number of applications and hirings of applicants who were recruited through employees. There are approaches to both monetary bonuses - usually through advertising bonuses for the recruiting employee and occasionally for the recruited applicant - and non-monetary bonuses through benefits in kind or non-material goods.
Nowadays, employee referral programs are also supported by appropriate software solutions that improve usability for applicants, recruiters and advertisers. At the same time, these software solutions enable a higher level of transparency and reporting options in order to make the success of such a program visible.
Employees recruit employees: What is the advantage?
The advantages of the principle of "employees recruiting employees" are obvious and can usually indonesia telegram data be easily backed up with your own figures. Who knows the company, its own culture, its strengths and weaknesses best? Who can give the most realistic picture of the potential employer? Who can usually best estimate who fits into a team culturally and socially? Of course: your own employees. And these advantages can be easily backed up with figures. As a rule, every company shows that applicants who come through employees are significantly more successful in the application process. On average, you need significantly fewer applicants than for a typical position.