Referrals…it really is all about who you know

In any company the employees should be the first port of call when it comes to sourcing new talent – unless of course the search is somehow sensitive.

Statistics show that people referred from employees in a company stay longer, are less expensive and quicker to hire and settle into their new roles quicker. For more detailed information on these check out undercoverrecruiter and jobvite

An incentive programme should be in place to galvanise staff at all levels. Ideally, and in order to mobilise people sufficiently, the reward should equate to the deposit on a decent holiday or price of an ipad – would suggest at least £500. Communicate the policy effectively then sit back and watch the more industrious among the workforce reel in your future superstars.

Sometimes the net needs cast wider and you need access to a bigger pond, that’s when you need someone outside the company you can trust to search on your behalf, to initiate those conversations and reel in the catch.

This week at talentsocial HQ we’re in the process of choosing and implementing new candidate and referrals management software.

We’ve looked at a few possibilities but in the end it boils down to the system having the right balance between functionality, simplicity and cost.

Being small and agile we can quickly implement new systems and ideas and discard one’s that don’t work for us.

talentsocial will be a referrals led network, we will give our contacts the chance to nominate superstar candidates to fill opportunities we are working on and of course receive a brucey bonus from us, in the process.

We can’t wait to launch this very soon, but in the meantime, we’d love to hear back from companies out there who have experienced employee referrals programmes.

Lynn @talentsoc