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Boosting Participation In Employee Referral Programs

The importance of human resources can never be understated in the modern business organisation. Every corporate business is on the lookout for professionals and uncharted talent that could help drive their company to the top. The challenge of recruiting lies in locating and hiring the best candidates in the face of the rising competition in the market. The increasing dominance of the social media in recruiting has also come to the aid of recruiters.
The term ‘social media recruiting’ has become fairly common today. The implementation of an employee referral program has become almost essential. Organisations looking to add such programs to their existing recruitment strategies need to pay attention to these key factors.
Monetary Benefits
Offering monetary benefits in return for employee referrals seems to be the most preferred strategy. Most companies offer cash rewards after the new hire completes a set duration of time. Some employees may also prefer receiving holidays and free time in lieu of this assistance. Hence, it is important to communicate the program clearly in advance. Get regular updates ...
... on how to use monetary rewards effectively www.facebook.com/zalp03
Awards and Recognition
The use of recognition to ensure employee referral engagement is also very effective. The use of cash benefits is not mandatory for a referral program to be successful. Recognition can offer employees a competitive environment and bragging rights to boot. Depending on the lure of the cash award might not always result in quality hire. The use of small gifts, badges and contests create a healthy interest in the program and will prove encouraging.
Regular Communication
Communication is essential to build a proper understanding with employees. This would help them understand the key features of the employee referral program. Companies must also return to employees immediately with information on the resumes. An immediate response encourages interest and drives the employees to make more referrals in the future.
The lack of communication might result in the employees losing interest in the employee referral program and can also hurt their morale.
Transparency and efficient communication is the key to boosting participation in an employee referral program. Get regular updates on how to use effective communication to boost employee referrals www.facebook.com/zalp03
Socially intelligent employee referral tools such as ZALP makes the process of referring for employees as simple as a click of a mouse. The advanced social media capabilities of such tools enable organizations to leverage the entire social platform to get quality referrals through its own employees. Social media recruiting is made simple for recruiters by tools such as ZALP while at the same time simplifying the referral process for employees.
Employee referral programs were always valued by recruiters, but when combined with the right technology it can prove to be a branding tool for organizations rather than just another recruiting source.
About ZALP
ZALP is unique socially intelligent employee referral software.
With ZALP organizations can now automate and streamline every aspect of their employee referral program while at the time same integrate it with the potent potential of social recruitment using its advanced social media capabilities.
Each of ZALP’s features have been specifically developed to give organizations a new and innovative referral platform that drastically accelerates employee participation which in turn results in a considerable reduction in the cost per hire and time to fill.
Request a free demo www.zalp.com/requestdemo
Author Bio:
Savio Vadakkan, Marketing Representative at Zalp which is a social employee referral software with which organizations can now automate and streamline every aspect of their employee referral program while at the time same integrate it with the potent potential of social recruitment using its advanced social media capabilities. social media recruiting
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