🚀 How Strong is Your Referral Program? Did you know that a high-performing referral program can drive over 30% of all hires and save big on recruitment costs? We've crunched the numbers, analysed years of data, and unlocked the secrets to referral program success. Want to know how your company stacks up? 💡 Try our Referral Health Calculator! 💡 🔗 Click here https://lnkd.in/ejHWTYAm to enter a few quick details about your referral program and get your Referral Health Score. It's fun, fast, and might just reveal how to level up your hiring game! Plus, who doesn’t love a bit of friendly benchmarking? #EmployeeReferrals #TalentAcquisition #HireSmarter #HRTech
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A strong employee referral program can be a game-changer for hiring success, with companies often seeing over 30% of their hires come through referrals while significantly cutting recruitment costs. At HireUp, we’ve developed the Referral Health Calculator to help businesses evaluate the effectiveness of their programs and uncover opportunities for improvement. It’s a simple, insightful way to benchmark your efforts and unlock the full potential of your team’s networks. Take a few minutes to see how your program measures up. This could be the first step toward transforming your recruitment strategy.
🚀 How Strong is Your Referral Program? Did you know that a high-performing referral program can drive over 30% of all hires and save big on recruitment costs? We've crunched the numbers, analysed years of data, and unlocked the secrets to referral program success. Want to know how your company stacks up? 💡 Try our Referral Health Calculator! 💡 🔗 Click here https://lnkd.in/ejHWTYAm to enter a few quick details about your referral program and get your Referral Health Score. It's fun, fast, and might just reveal how to level up your hiring game! Plus, who doesn’t love a bit of friendly benchmarking? #EmployeeReferrals #TalentAcquisition #HireSmarter #HRTech
Revolutionising Referrals | HireUp
hireuponline.com
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Talent expectations are changing. Here's a short report that showcases what they expect from your agency when it comes to your referral program. https://lnkd.in/gYgBC6i3
Talent Expectations Report: Referral Programs - Staffing Referrals
staffingreferrals.com
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🚀 How ExpertHiring Recovered $140,000 in Missed Placement Fees 🚀 Ever wonder if some of your candidates are being hired without your knowledge? 🤔 That's exactly what happened to ExpertHiring, a staffing agency based in New Jersey. For years, the team had a nagging feeling that some of their candidates were being hired by clients without notification, resulting in missed placement fees. With over 30 recruiters and countless candidate submissions, manually tracking every candidate was nearly impossible. The Challenge; The agency was concerned about: Clients going silent and potentially hiring candidates without informing them. Candidates being hired for different positions within client companies without their knowledge. The overwhelming task of manually tracking thousands of submissions. The Turning Point; Everything changed when they discovered HireGuard. "Where were you all this time? We've been looking for a tool like this forever!" exclaimed Paul Champaneria founder of ExpertHiring during the demo. HireGuard seamlessly integrated with their Applicant Tracking System (ATS), automatically monitoring and tracking every candidate submission. The live dashboard offered transparency and peace of mind, instantly alerting them to any potential backdoor hires. The Results 📊 5,000+ candidates tracked 🔍 37 potential backdoor hires detected ✅ 9 confirmed backdoor hires 💰 $140,000 collected in unpaid fees Upon identifying these backdoor hires, ExpertHiring reached out to the clients involved: Five clients acknowledged the oversight and paid the due fees, with one offering three additional exclusive roles as an apology. Negotiations are ongoing with the remaining clients to resolve the unpaid fees. "Now, I can focus on what I do best—making placements—without the constant worry of missing out on revenue," Paul Champaneria Take Action Don't let backdoor hires drain your agency's profits. Learn from ExpertHiring's success and protect your hard-earned revenue. 👉 Try HireGuard for free or book a demo today! Have you experienced challenges with #backdoorhires What strategies have you implemented to safeguard your agency's revenue? Share your insights below! #StaffingAgency #RecruitmentSolutions #BackdoorHires #RevenueRecovery #HireGuard #AgencyGrowth
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Happy Friday! According to a survey by Jobvite, referred candidates get hired at a rate of 30%, when job applicants sourced through other methods only get hired at a rate of 7%. (see article below). For those seeking a #newjob or #careerchange, how do you get a referral into an industry or company when you have no network in those areas?! With over 9000 connection on LinkedIn, introductions are a key part of what I do for my #careercoaching and #executivecoaching clients. Today I'm making #informationalinterview connections for one client in fields she'd love to work in! If you're feeling stuck because you don't have the connections, know that you don't have to build your #network from scratch. Work with someone who already has an expanded network. Together, we can all make a great living! (source: https://lnkd.in/eUPSX2Ei)
Employee Referral Statistics for 2024 (Infographic) - ERIN
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The Power of Referrals 💪 Why focus on referrals? Because applicants with referrals have a 50% chance of advancing past the initial résumé review compared to just 12% for external candidates. Even better: Referred employees often stay longer and produce more. Greenhouse Software's Daniel Chait, Bobby Cardos #HR #EmployeeReferrals #TalentAcquisition https://lnkd.in/gfuzkkKe
7 Critical Keys to Get More Referrals
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Recruiters invest significant time and effort in reaching out to candidates (one of the important aspects of finding the right team members) At tidyhire, we deeply appreciate and support these efforts. That’s why we have designed our tools to streamline recruiter workflows. That helps recruiters ↳ save up to 18-24 hours weekly, ↳ reduce the time to fill positions by 48%, ↳ and increase their candidate pipeline by up to 7X. tidyhire also automates -sourcing and follow-ups -tracks candidate engagement seamlessly -and enhances overall candidate experiences. That helps in → Ensuring no candidate is missed with personalized, automated follow-ups. → Easily monitoring candidate interactions and responses. → Enhancing the journey for candidates with timely and personalized communication. → Free up valuable time for recruiters to focus on relationship-building and strategic hiring. This means recruiters can focus more on building meaningful connections and less on administrative tasks. #tidyhire #hiring #recruiting #recruitment #candidatepipeline
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Throughout my recruitment career, I've relied on repeat referrers—trusted contacts who regularly provide candidate leads and insights. They understand exactly what I need and, importantly, know the value they gain from it. 🤝 At HireSplit, we help you build these valuable connections too. Read below for tips on creating your own network of go-to referrers! 📈
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The recruiter's efforts did not go unnoticed as they maintained a positive relationship with a candidate who initially couldn't align due to long notice periods and business constraints. However, as the situation grew more complex and timelines tighter, the candidate eventually came forward with referrals, demonstrating their willingness to join. This not only boosted confidence among stakeholders but also left the recruiter gratified, knowing their efforts had made a tangible impact. Your thoughts? #recruiter #candidate #relationship #efforts #businessoutcomes #onboarding #employeereferrals #virtusa #wearehiring
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🔍 Check out these eyeopening statistics about employee referrals: 👉1. Employees hired through referrals stay at companies longer, with a retention rate of 46% after one year and 45% after two years. 👉2. Referred candidates are 55% faster to hire compared to employees hired through career sites. 👉3. Employee referral programs can generate a whopping 3x higher conversion rate than other sources. Ready to revolutionize your hiring strategy? Let's leverage the power of employee referrals together with Erinapp.com - Message me for more details! 💼🚀 #EmployeeReferrals #HRData #HiringStrategy
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