Healthcare recruiters are currently in a bind as they struggle to find qualified healthcare professionals. 2018 saw an addition of 368,000 jobs in the healthcare industry as stated by the U.S. Department of Labor’s January jobs report. According to Nursing Solutions Inc, in 2018, 33% of hospitals had a vacancy rate of over 10%. In…
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…
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…
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…
It may seem intuitive, however many job seekers who are presently employed inadvertently blow their cover when embarking on the job hunt. Almost all of the popular online job hunting platforms are public, and even when using discretion, a simple update on LinkedIn could tip a current employer off. For companies seeking out rock star…
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.…
82% of employers rate employee referrals above all other candidate referral sources for the best return on investment, according to CareerBuilder. 88% of employers rated employee referrals as the best source for the generation of high-quality new hires. These are impressive statistics and quite telling. If you’re saving money and building your workforce with only the…
In today’s business world, time is money. Developing more efficient ways to get the job done will ensure that your firm stays competitive and you rise to the top of your field. However, getting the job done efficiently is not just important when dealing with clients. Saving time on internal processes can really impact your…