Rabu, 03 Oktober 2012

What Can Employee Referral Programs Do?

It is necessary to allow your workforce to be involved in your organization, so that they too can contribute to its success by pitching in their ideas. You can allow employees to participate in the organization by letting them express their ideas and contribute during meetings, allowing them to participate in company projects, making them a part of cross-functional teams, allowing them to act as brand ambassadors, and so much more.

One more way through which employees can be allowed to contribute to the organizations success is through employee referral programs. This isn't a new practice and some organizations have been practicing it for a long time. This program actually allows employees to refer candidates to fill vacant job positions in an organization. This is very helpful to organizations because they allow the company to save time and money in recruiting and selecting candidates to fill a job post.

Apart from that, an organization might have access to a wider pool of talent if they start promoting employee referral programs in their company. Those professionals, who are passive in looking for new talent, might be very glad to find that their very own organization can contribute to providing talent, without making the matter too open for the public eye.

Employees working for a company are well versed with the norms of the organization, what the organization requires and what kind of employees they are in search of. Keeping that in mind, employees might be able to refer high quality candidates for the job position available because they know which one of their friends or family members might be a suitable fit for the company. Most employees may even go out of their way to find the best candidate for the job, simply because they feel that the company trusts them and will be supportive of the references that they provide.

Cost saving is a major contribution that employee referral programs can provide an organization with. The company saves on advertising costs and recruitment costs by allowing employee referral programs to be a part of their company. Time is also saved because you no longer have to go through piles of CV's that might come in after placing an advertisement for a job position. There are just a handful of CV's you might receive from your employees, which you will have to consider, to fill up the vacant position in the company.

The employee referral programs can be a source of motivation for existing employees as well, because not only will they feel that they are being given a chance to contribute to the organizations success, but also because they feel that the company has full confidence in the references they provide.

Employee referral programs can only be successful if they allow everyone, no matter what level they are on, to contribute to the program. It's necessary to communicate the requirements of the position, and have an open door policy when it comes to allowing such programs. Fair recruitment policies also need to be implemented so that everyone's references receive fair attention, without bias, and one reference is not preferred over the other.

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