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employeereferrals RSS feed Tag: employeereferrals

Monster Adds Social Connections to Job Board Listings

by
John Zappe
May 21, 2012, 5:33 am ET

Monster took another step last week in its drive to become more social adding a “friends” connection to the thousands of listings on its jobs board.

Almost a year after launching BeKnown, its Facebook-based business network and competitor to BranchOut, Monster is now enabling its network members to see who they know at companies offering jobs on Monster.com.

It works just as you expect: Job seekers searching Monster are invited to “See who you know.” A click pops up a list of their BeKnown connections who work at the company. Those not already on BeKnown get an invitation to join, needing only a Facebook login. keep reading…

10 Compelling Numbers That Reveal the Power of Employee Referrals

by
Dr. John Sullivan
May 7, 2012, 1:24 am ET

I strive to be the world’s most prominent advocate of employee referrals simply because there is no more powerful tool in recruiting. Well-designed referral programs not only identify top prospects that are not in a job-search mode but they also require employees to assess candidates for skills and fit and to sell them on the company and the job. Taken together, this identification, assessment and selling feature make referrals superior to any other source.

If your corporation is not getting close to 50% of your hires from employee referrals, I have gathered 10 compelling numbers that should change your perspective. keep reading…

Employer Brand Messaging Is Valuable, But Many Need Refreshing

by
Mark Hornung
Apr 27, 2012, 8:54 am ET

Most organizations need to work on how they develop and articulate their employer brand strategies. Just over half of employers claim to have an employer brand strategy (51%), a fifth (19%) are in the process of revising one, and 24% are working towards one. That’s what Bernard Hodes Group learned from our new research, called The Growing Value of Employer Brands.

Of those employers that claim to have a strategy, the average age of it is 4.3 years. The results suggest that many employers are using strategies pre-dating the Great Recession. Relying on an old strategy is a recipe for disaster given the changes in workers’ attitudes wrought by turbulent labor markets and the rise of new channels such as social media.

The survey polled 175 employers across the U.S. in a spectrum of industries from education to manufacturing. About 240 employees were surveyed and were not necessarily employed by any of the participating employers. When comparing the two sets of data, there are some stark disconnects (see the graphic in the upper right). Some of the most noteworthy include:

  • Only 25% of employers indicated that compensation is one of the most important attributes of an employer brand, compared with 64% of employees.
  • Job security was ranked highly by 41% of employees, but only 21% of employers.
  • Just 15% of employers felt that recognition is important in attracting new hires, while 33% of employees ranked it highly.
  • Nearly half of employers (44%) felt career growth and advancement opportunities are important to attracting talent, while just over a quarter of talent (27%) agreed.

Looking at the data, one gets the impression that many employers may have lost common sense. keep reading…

Our Most Effective Source of Hire

by
Randall Birkwood
Apr 5, 2012, 5:53 am ET

We started measuring quality of hire a couple of years ago. What started out as a simple exercise to see how we were doing turned into an interesting experiment. We realized in order to save the company money and increase productivity, we needed to measure quality of hire and sources of hire together. The results were interesting, and in one case the result was actually surprising.

There are a few hire-quality formulas out there, and you can make it as simple or as complicated as you deem necessary. In our case, we took the simple route.

Quality of hire is defined as the percent of new hires who pass their one-year anniversary and score at least “meets expectations” on their first review. For example, we grouped together all the new hires from the first quarter of 2010. We then ran a report dating to the last day of the quarter a year later, 2011. We determined what percent of those hires were still employed and were not on performance improvement plans, etc. We did this on a quarterly basis.

This is simple but effective. It doesn’t matter whether the employee was a poor performer, an excellent worker who was disillusioned, or a job-hopper.  Ultimately, the business is negatively impacted if it loses talent in the first year, or is dealing with a poor employee.

The results of our experiment have been illuminating. keep reading…

SelectMinds Gets More Social … and Other ERE Expo News

by
Todd Raphael
Mar 29, 2012, 8:56 am ET

SelectMinds, TheLadders, an RPO, and more are making announcements at the ERE Expo in San Diego today. Just a sampling:

First SelectMinds, which “moved deeper into the employee referral world” a couple of years ago and then into the “talent communities” competition, today is launching what it calls the “first-of-its-kind software to allow corporate HR to automate all aspects of social recruiting.”

It’s an upgrade to the company’s TalentVine product with six new modules: a jobs distributor to send out listings and links to company Facebook pages and Twitter accounts; a talent community module; a referral program module; a Facebook jobs page builder; a social-media-friendly career-site builder; and a module that optimizes job listings for mobile phones. keep reading…

New Source of Hire Study Shows Job Boards Strong Performers

by
John Zappe
Mar 15, 2012, 5:16 am ET

HR technology provider SilkRoad says jobs search site Indeed.com is the leading source of external hires for its 700+ customers, providing 42 percent more new employees than CareerBuilder, the #2 source.

Overall, the SilkRoad results show job boards accounting for a high percentage of hires that aren’t either internal candidates, referred by employees, or come through the company career site.

SilkRoad pulled the source of hire data directly from its clients’ OpenHire systems. Doing it that way, says SilkRoad, yielded data from “200,000 job postings, 9.4 million applicants, and over 100,000 hires.”

In reporting the results on the company blog, SilkRoad said that because its OpenHire system automates candidate source tracking, “The metrics in this study offer a uniquely accurate measure of source effectiveness.” keep reading…

Goood Stuff and Those Office Romance Reports

by
John Zappe and Todd Raphael
Feb 10, 2012, 5:02 am ET

Walk into any workplace and what’s in the air? Besides the burnt popcorn. We mean that other thing. That sweet scent of romance.

Yes dear reader, just in time for Valentine’s Day CareerBuilder tells us what you’ve been suspecting all along: your office mates are mating up. If the survey is to be believed — and why not?; they surveyed 7,780 people who all can’t be pranking us — then almost 4 in 10 workers have dated someone they met on the job.

Awkward, if one of them thinks it’s going places and the other one … you get the idea. Fortunately, 31 percent of those relationships lead to marriage. (Which is no guarantee things won’t get even more awkward a little down the road. But this is the season for love, so ignore our dose of ugly reality. Or read on to the part where we tell you how Challenger, Gray, & Christmas snuck in a warning about office violence.)

HR people out there, this stat’s for you: CareerBuilder says 18 percent of office dating is between boss and their report. Women were more likely to date up than men, 35 percent to 23 percent respectively.

Of the industries reported, you just had to know that hospitality by far (47 percent) has the most co-dating co-workers. Healthcare also made the top five list, which, considering how many parents hoped their offspring would marry a doctor, is no surprise. But financial services (40 percent)? And transportation and utilities (43 percent)? And IT (40 percent)? These also made the top five? Really?

Now moving on to that warning about workers pulling a Valentine’s Day Massacre  from Challenger, Gray & Christmas (hereinafter CG&C). “Some companies are facing an entirely different problem: their workers have lost that loving feeling and the consequences can be dire,” reads the press release we got from the global outplacement firm.

“Often in situations where managers are aware of a problem between two or more coworkers, they merely look the other way, letting the employees work it out amongst themselves.  This may work in some situations, but in others, this hands-off approach can have disastrous results,” says CGC CEO John Challenger.

The press release offers a whole bunch of ideas to increase civility and reduce animosity. Missing from the list, and very conspicuously considering Valentine’s Day started this whole thing, is the free supply of large amounts of chocolate.

A Vowel Please

From the “Can I buy a vowel?” department comes Goood Job, the latest in a long line of companies entering the employee-referral-social media business we’ve talked a lot about (and includes socialcruiter, socialreferral, and many others). In short, here’s how Goood Job works:  keep reading…

Employee Referrals May Be Even More Effective Than We Think

by
John Zappe
Jan 31, 2012, 3:31 pm ET

Employee referral programs may produce more hires — perhaps many more — than surveys would suggest.

Over the years it has come to be accepted that the average number of new hires coming from employee referral programs is somewhere between SHRM’s 24 percent (for non-exempt positions) to about a third. Some programs do much better.

From CareerXroads now comes evidence that the hires from employee referrals are undercounted.

“Referrals permeate the recruiting process more than we think,” says recruiting consultant Gerry Crispin, a CareerXroads principal.

He and his partner, Mark Mehler, surveyed their clients and others about employee referral programs and found that most of the 50 respondents have a referral program, most pay a bonus of some kind, and on average 28 percent of their external hires are referrals.

Most of the results, says Crispin, were expected. However, in comparing data from that admittedly limited, and unscientific survey with the early results of the consultancy’s annual Source of Hire study, “we’re finding referrals are a part of every source or almost every.”

For instance, rehires, a small, but steady source of hires, include a sizable percentage of individuals referred by employees. The rehires may first come to the attention of recruiters through a referral, but when they’re onboarded, the source of hire tends to get reported as a rehire. keep reading…

Our Employee Referral Program Is Mirroring Our Brand

by
Gareth Gwyn
Jan 19, 2012, 5:25 am ET

We have traditionally operated a global employee referral system that captures employee’s quality referrals. Should they become hired, it automatically puts their name into the queue for a guaranteed cash reward. Similar to many corporations, different rewards giveaways have been offered over time as incentives: cars, boats, and home renovations.

In 2011 at Quintiles, however, an adventurous theme was implemented (one I hinted at a year ago).

keep reading…

Eternally Stagnant Recruitment and Some Ideas to Overcome It

by
Kevin Wheeler
Jan 3, 2012, 5:57 am ET

Roman ruins (photo - F. Tavares)Recruiting never seems to change very much. As I have often written, even with computers, smart phones, cheap video, big bandwidth, and years of accumulated experience, the way we look for people and select them looks very much the same as it looked 50 years ago.

The question is: why haven’t these tools and technologies made any significant difference?

If we look at other professions, it is clear that technology is not what makes the real difference. Take building as an example. Using only primitive hand tools, carpenters and masons from Roman times on crafted buildings that are enduring and emulated. The construction methods they used are studied and copied, while their tools gather dust in museums. Chinese accountants used abacuses to keep their books and sailors had glorified rowboats to explore the world’s oceans. It turns out that knowing how to do something is a far more critical skill than what tools are used to do it. Tools do not cause change and transformation, but methods and processes do.

The skills involved in building, accounting, or sailing are what make the difference between success and failure and often between life and death. Those who have improved the methods of building — the ones who figured out how to build skyscrapers and elevators — have contributed more to our progress than have the tools they used.

Technology saves labor and time and often lets us do things we could not do with our own muscles or brains, but it is not a substitute for core knowledge or for understanding how to do something or for human behavior.

And that is most likely why recruiting has not changed. While recruiters have many new tools, they are using traditional processes and methods without much innovation. This is most likely because, despite the hype about a talent shortage, there is really not a major problem finding talented people. If fact, most recruiters would be bored if their job became too easy — and many enjoy the hunt. Innovation usually occurs when there is an unsolvable problem or a major problem or a crisis, and recruiting has yet to run into any of those.

But what could be is still interesting. What would an efficient, updated recruiting process look like? Here are a few ideas that I think might work.

If anyone has already tried them or plans on giving them a try, I would like to hear from you in the comments section. keep reading…

Too Many Applicants? Maybe Not at Siemens

by
Todd Raphael
Dec 23, 2011, 5:18 am ET

With unemployment rates hovering in the 9% range in the U.S., there are plenty of people for most every job. Actually, scratch that. It’s not quite true for Siemens, where it’s tough to find engineers and others with the skills it needs.

The German company has about 336,000 employees, 1,640 locations, and about 60,000 people, and growing, in the U.S.

Rachel Romaszewski, who recruits for Siemens’ energy business, and I talk about the skills shortage and what’s being done about it. She tells me (out of Facebook, Twitter, and LinkedIn) which social media site is working well, which one works less well, and which one’s hit or miss.

“We are just growing like crazy,” she says, in the seven-minute video, below. keep reading…

10 Predictions for 2012: The Top Trends in Talent Management and Recruiting

by
Dr. John Sullivan
Dec 5, 2011, 5:03 am ET

It’s always better to be prepared than surprised.

By definition, being strategic requires that you look forward — identifying trends, opportunities, and threats. With the December lull looming, now is a great time to plan for the future. I’ve listed the “top 10 talent management trends” I foresee that require your attention. keep reading…

Top 10 Dumbest Things Recruiters Do: And the Winner Is …

by
Dr. John Sullivan
Nov 28, 2011, 5:18 am ET

by John Sullivan and Laureen Edmiston

Several weeks ago ere.net published an article that asked the question “what are the dumbest things that recruiters do.” After surveying recruiters on ere.net, Twitter, and at the recent SMA symposium in Seattle, it is clear that most feel the dumbest thing recruiters do is…

Not managing the candidate experience — the candidate experience is the perception of the sum of interactions with an organization throughout the hiring process. It includes every communication, the design of the process, the fairness of process elements, the quality of information exchanged, and the honesty with which questions and concerns are addressed. Providing a poor candidate experience can have many negative consequences, including an increased candidate dropout rate, negative word-of-mouth, and decreased loyalty to the overall brand.

The rest of the “Top 10” are… keep reading…

Only 1 Way to Recruit Talent

by
Matt Lowney
Nov 9, 2011, 5:48 am ET

For a thought experiment (and to encourage creative conversation), I recently asked a few recruiting friends, “If you were left with only one method or tool for recruiting talent, what would you use?”

I’ve listed a few responses below and included some dialogue regarding pros and cons of each. Hopefully this discussion will help recruiters and recruiting leaders focus their energies on those tools that actually bring value to their organizations. keep reading…

Silkroad Unveils Tool to Address a Worker’s Influence

by
John Zappe
Oct 3, 2011, 6:01 am ET

Two big vendor announcements kicked off the 14th annual HR Tech show in Las Vegas this morning. And if these are a sample of what we’re going to be seeing when the show floor opens later, then it’s going to be an exciting three days.

Silkroad technology unveiled something it’s calling Point, a different kind of talent (or is it performance?) management product that’s innovative and even a little unnerving at first. It’s certainly nothing like what we have come to expect from human capital systems.

Meanwhile Jobvite, working at the recruiting end of the talent spectrum, released a Facebook app that neatly complements its Jobvite Source social referral tools. Jobvite’s new social app works entirely within Facebook, connecting users with jobs and telling them who among their friends might be a good match. Apply for a job and the candidate gets to monitor the status of their application, all while still on Facebook.

Jobvite has been leveraging employee social connections for the past few years. The system required a company’s employees to work through Jobvite Source to enable the system to access their connections, search out and suggest matches, and then send referrals to those friends or connections. Now, the new Facebook app allows all the action to occur on the social network, making it simpler and easier for an employee to refer friends for jobs. It wouldn’t be right to call it passive job referral, but it’s undoubtedly going to increase the number of referrals because it’s just quicker and more top of mind.

keep reading…

The Complete List of Employee Referral Program Best Practices (Part 2 of 2)

by
Dr. John Sullivan
Aug 22, 2011, 5:20 am ET

In Part 1 of this series we looked at the first 35 of 70 exceptional employee referral program features. This episode continues with 36-70 and covers features related to program responsiveness, communications, special needs/populations, technology, and process management.

V. Program Responsiveness Features

Being responsive to those who refer and the referrals they submit are critical features that drive program loyalty, participation, and engagement.

  1. Rapid response to a referral is critical – a lack of responsiveness to employee referrals is the #1 program killer. The best programs set a target of getting feedback to the referrer and the referred individual within 48 – 72 hours of submission (Aricent & AmTrust Bank).
  2. Expedited interviewing – some firms make a commitment to decide whether to interview/not interview all referrals within a week. Others make a more narrow commitment, which is to actually schedule an interview with all “A” quality employee referral candidates within a week of receiving their referral (Owens Corning).
  3. Referrals must be tagged and the processing expedited – in the best programs, all referral applications are tagged in order to measure program effectiveness. In addition, the tagged referrals are given a priority for processing (i.e. fast tracked). This is necessary in order to ensure that both the employee and the referred individual feel like they are “special” (Accenture).
  4. “On the spot” screening – consider developing a process where resumes collected at the referral desk undergo instant screening followed by instant feedback to the employee and the candidate (Tata consultancy).

VI. Communicating with employees and applicants

High-performing referral programs require frequent and effective communications. keep reading…

The Complete List of Employee Referral Program Best Practices (Part 1 of 2)

by
Dr. John Sullivan
Aug 15, 2011, 5:49 am ET

I strive to be the world’s foremost champion of employee referral programs. As a thought leader in this field for more than 20 years, I have had the opportunity to assess and research hundreds of corporate ERPs, and most are pretty dull.

Too many organizations task management of the program to a loosely organized committee that rarely invests the time required to build anything more than a conservative, basic program. Despite the conservative approach taken, ERPs continue to outproduce every other external recruiting source (volume and quality of hire). In world class firms, the performance of ERPs is often double that of the average, but they often have dedicated management and a host of features few firms invest the time and resources to support.

If your firm is in the process of developing a new program or redesigning your old one and you are looking to move beyond the mediocre, this checklist should give a number of ideas for building a program that will give you a competitive advantage. keep reading…

Paying for Names, Not Just Referred Hires

by
Todd Raphael
Aug 3, 2011, 1:08 pm ET

Should you pay people who refer to your company a job candidate who ends up getting hired? Or, should you pay people merely for sending in a name of someone?

Cathy Henesey, manager, career services, Children’s Medical Center of Dallas, talks about the latter — paying for names not just hires — in the 9 1/2-minute video below. She discusses whether some jobs or all jobs are eligible; how to handle situations where multiple people give the same name; and the results of the program. keep reading…

A Pre-Turnaround Hiring Strategy Allows You to Hire When There Is No Competition

by
Dr. John Sullivan
Jul 18, 2011, 6:02 am ET

You don’t have to be a rocket scientist to realize that when business revenues are down, it simply doesn’t make sense to carry a large-scale recruiting effort, but if you’re smart, you know that once an economic turnaround begins, the competition for talent will again be fierce. Starting a major recruiting effort too early or too late both have negative consequences. An alternative strategy with many upsides involves targeted recruiting just prior to competition for talent heating up. This strategy is known as a “pre-turnaround hiring strategy,” and allows you to cherry pick top talent before everyone else starts aggressively courting the same people.

Time Your Recruiting to Occur When Competition Is Low

Recruiting is a lot like fishing. If you go out fishing on the first day of the season, there will be lots of fish available but there will also be a tremendous number of other fishermen trying to catch them. The ratio of fishermen to fish won’t be favorable and you will have to battle for good fishing spots. As a result, the odds of landing a trophy fish are small simply because of the intense competition at the start of the season. If you make the mistake of waiting even a month into the season, the odds of catching a trophy fish will drop to nearly zero. Imagine the results if you were granted permission to fish before the season began? If you came a week before the season started, you would be the lone fishermen among a large pool of available fish.

If you wait until the economic turnaround begins and everyone starts up recruiting again, the competition for talent will be intense, and the odds of landing a trophy candidate will be severely reduced. Fortunately, in recruiting, there are no laws limiting when you can recruit, so smart recruiting leaders will time their recruiting effort precisely prior the point before everyone else re-enters the recruiting game.

The Advantages of Pre-Boom Hiring

The broad concept of hiring when the competition is low is known as “countercyclical hiring” and is one of the 26 distinct recruiting strategies that recruiting leaders have available to them. Some of the advantages of this “acting immediately before” everyone else does include: keep reading…

12 Simple Actions That Could Dramatically Improve Your Recruiting Results

by
Dr. John Sullivan
Jun 20, 2011, 5:10 am ET

I’ve written many times about actions recruiting managers can take to improve the impact of recruiting, but with the ongoing pressure many recruiting functions feel to do more with less, now is a great time to review a short list practical, easily implemented actions appropriate for an individual recruiter or manager. These low-hanging fruit are capable of producing dramatic results and do not require significant resources.

12 Simple Actions Capable Of Improving Recruiting Results

Over the past decade I’ve engaged with several hundred organizations around the world. Based on my observations in dealing with each of them, the following 12 actions categorized by recruiting lifecycle stage are proven to produce results quickly. keep reading…