Benefits of Employee Referrals

Finding good candidates can be hard work. Especially when there is a high demand but a lack of qualified people. However, there are some straight forward ways to find skilled candidates, one of them is to implement an employee referral program.

 

employee referrals three q

Here’s why they’re so important for a company:

Cost

Having an employee referral scheme usually means you have to compensate the employee who referred the new hire to your company. That is a cost but what’s the alternative? Paying for slots on jobs boards and spending hours writing job ads, screening applications and managing candidates? That’s much more expensive.

 

Better candidate quality

Your employees know that the performance of their referred candidate reflects on them. They don’t want to get in management’s bad books by recommending their unreliable friend with a bad work ethic. For this reason employee referrals produce a better quality of candidate.

 

Improved retention

Sometimes a new hire doesn’t fit in with the company. Maybe it’s the culture or the team members but with a new hire that was employed through an employee referral program you can be sure that they have a friend to guide them and a friend they can share their problems with. This is going to improve retention especially in the first several months when retention is most difficult.

 

Encourages Word of Mouth in Employees

If you incentivise your employees to recommend the company to their qualified friends and family, they are much more likely to spread positive word of mouth in their community. If you want a great reputation, employing a referral scheme is a great way to do it.

 

Overall there are a ton of benefits to integrating an employee referral plan into your recruitment strategy. This has been a series of blogs for companies looking to increase their ability to attract the best candidates to their business. To read our other blogs on this topic click here to read about how to recruit on social media.

And click here to learn the benefits of using a recruitment agency that’s a specialist at finding the best candidates in your industry.

How Companies Should Recruit Talent on Social Media

How Companies Should Recruit Talent on Social Media

Social Media is not only used for branding. The Company’s Social Media can be considered to be an advert of the company. It can make people attracted to find a job at that company or be put off. Here we have some tips to attract talented candidates:

Social Media Talent Three Q

 

Create Social Media Accounts for Recruiting Needs

It can be really beneficial to have an account for recruitment purposes. Social Media such as LinkedIn, Twitter, Facebook and Instagram are very valuable for your employer brand. 

Encourage Employees to Share Posts on Social Media

The company’s social media accounts are more visible if people like, share and comment on posts. Go further than ask your employees to engage with the company’s content online, ask them to post on their personal professional profiles on LinkedIn.. They can share the values of the company, post about charitable activities or fun events in the office. All of this increases the reach the company has on social media. 

Find Talent on LinkedIn

LinkedIn is the first social media platform everyone thinks of when they’re thinking about recruiting on social media. More than 90% of companies use LinkedIn for recruiting. One of LinkedIn’s great features is its powerful search tool for finding skilled, local talent. Overall, LinkedIn is a fantastic social media marketing tool for recruiters and companies should dive in to find out how much potential there is for sourcing great candidates.

Use Social Media Marketing Tools

Start using a social media scheduler such as Hootsuite which lets you you schedule posts, analyse performance metrics and work with several social media platforms at the same time. This is the best way to efficiently market your employer brand and engaging with your followers.

 The social media of the company should stay aligned with the main core values and focus in the kind of qualified people are looking for. To learn more about attracting the best candidates to your company, read more from our blog series by clicking here: Advantages of Hiring Through a Niche Recruitment Agency

Advantages of Hiring Through a Niche Recruitment Agency

Advantages of Hiring Through a Niche Recruitment Agency

 

Most firms see recruitment agencies to be an extra pair of eyes in the market place. These eyes are focused on attracting skilled candidates. As a recruitment consultant, ultimately your value proposition is the candidates you can find and present to your client. 

But there is a lot more value in utilising a recruitment agency as a part of your recruitment strategy. Here are 5 advantages companies benefit from when they work with a specialist recruitment agency: 

Three Q Niche Recruitment Agency

 

Knowledge of the market

The recruiters and their team will be well informed about the market in that sector. They know where to find talent and how to network with them. Recruitment consultants in a sector are also knowledgeable of salaries, career development and hiring issues in an industry. Considering the competitiveness between companies, it is hard to compete to attract the best talent. Niche recruitment agencies are specialised at attracting the best talent in the jobs market in an industry.

Extended reach

There exists two types of candidates: the passive and the selective candidate. The passive sometimes don’t respond to job advertisements. They don’t see themselves as a jobseeker and are too busy to really search for a new job. Recruiters spend time building relationships with skilled personnel in the sector. Over time the recruiter becomes well networked in the industry. Passive candidates are reachable through recruiters in a niche recruitment agency. Even if they aren’t currently seeking for a job, there’s a strong chance that some recruiter will know who they are and how to reach them.

Recruitment Agencies Give You Candidates, Not Applicants 

It is exhausting finding good candidate because most applications usually do not become a viable candidates. The recruitment agency will save the client time by managing applications and only presenting the best candidates. 

Help with Employer Brand

“Self praise is no recommendation.” Marketing your employer brand is difficult but agencies can promote the benefits & career development potential in your company to candidates. 

Filling a Vacancy Quickly

One of the main reasons that companies hire agencies is to fill a vacancy in a short time frame. Recruitment agencies have experience and effective strategies to find qualified professionals quickly. Recruitment companies have a full team dedicated to attracting talent, screening applicants and processing candidates through the interview process and ultimately to hiring with the client. 

However, companies will have their own reasons for using recruitment agencies. For many it’s the temporary staffing service. For some it may be a short-term need and for others they may offer a major route to market to access the strong talent that they would otherwise miss out on. 

 

We look at a few different ways employers can attract the best talent to their company in this Blog series. To read our other blogs on this topic click here: How Companies Should Recruit Talent on Social Media

 

Why using your employees to find great candidates is something you should be doing – Employee Referrals