It is probably a bit weird to hear a recruiter promoting the power of employee referral programs, but we are all about helping companies to accelerate performance and hiring the best people is central to this.
Employee referral programs, if done well, can definitely help to minimise risk even beyond that of a robust recruitment process. Why? It is simple, you are attracting people who are already aligned to your culture through the friendship or relationships they have forged with the employees referring them. Employees won't refer people they don't like or don't feel will succeed in the culture of your organisation or in the job you are recruiting. A good level of assessment has already been done without you getting involved!!
Here are five ways Appstem and other companies have created employee-referral programs that help them keep up with the big boys: 1. Nurture company culture. This should be common sense: If a company is terrible to work for, employees won't wish it on their worst enemy -- let alone someone they like. For an employee-referral program to work, the foundations of a great company culture have to be there. In fact, a 2016 LinkedIn survey of 26,151 of its members found that 61 percent said they wanted to know about a company’s culture and values more than anything else. When an acquaintance reaches out to tell them of a job opening, the first question they say comes up is, “What’s it like to work there?”