Clone your Current Employees
Your current employees are a great source for candidate referrals.
Right now you may be thinking, “we’re all set….we already have an employee referral program (ERP)”. Before you skip away for another cup of coffee, let’s review a few questions:
1. In the last 12 months, how many new hires were generated from your ERP program?
2. How do employees learn about the mechanics of your program?
3. What incentive do employees have to participate?
It’s not good enough to just have an ERP…..it must be an effective recruitment source.
In order to enhance your program, include a reward for both the current employee and the new referral. Current employees may feel awkward earning a reward at the expense of their friend. Rewarding both parties creates an equitable solution.
The incentive does not need to be cold hard cash. Consider incorporating other creative rewards to acknowledge and thank employees for participating in the program.
Key Thought: Take a close look at your current Employee Referral Program. Do employees really know how it works?