Don’t Unintentionally Sabotage Your ERP

Truth be told, you could be doing something to unintentionally discourage employee participation in your current Employee Referral Program (ERP). The job market is competitive. Without solid employee engagement, you could be seeing fewer qualified candidates from your ERP and applying for open positions. The harder you make it for your employees to refer, the…

Creative Incentives to Spur More Employee Referrals

The benefits of a successful Employee Referral Program (ERP) have a real impact on your bottom line. An ERP: Is a much cheaper alternative to outsourcing your recruitment to an external agency that could charge a fee of up to 20% of a new employee’s gross annual salary. Increases employee engagement within the corporate structure…

The Best Reward Amounts to Incentivize Referrals

Well-designed ERPs can produce some amazing results. On the flip side, failing to maximize the motivators that drive employees to make high-quality referrals can diminish those results. One of the most obvious, and effective ways to incentivize your employees to participate is to offer a structured reward system, be it financial or otherwise. With a…

Why Are Employee Referrals the Best Hires?

Employee referrals are powerful. Research shows getting a referral from a current employee to be cheaper, faster, and more likely to produce a higher qualified candidate. They, in turn, ultimately reduce the turnover rate at your firm. A strong employee referral program (ERP) allows you to turn your employees into your own personal recruiting firm.…