With the increasing work load and competition it has become a necessity for the companies to recruit well skilled and talented employees. As the bulk of employees are hard to extract an employee referral policy is brought forward in order to administer and manipulate the quality and quantity of the hired candidates thus providing Recruitment solutions.
What is employee referral policy?
Employee referral policy is a well known system for the recruitment and business advancements. Recruiting software is also used based on this policy and is a simple and concerted candidate tracking operation which is cost effective and interactive. This policy is the root of the accomplishment and the success of the company.
Why employee referral policy?
The latest work cultures are quite tough and hard to handle thus a consistent employee referral policy is needed in order to increase the eminence of work ambience and company output. As it is believed that talents understand talents and by spreading and sharing knowledge one gains knowledge, the companies today survey the professional networks of their employees to search for new talents who are linked with them. It is also a platform where one exchange business ideas and beget their own work strategies. Social media recruitment is the biggest example of such policy usage. Saas recruitment software is also available to be loaded in the hardware of the laptop, computer or other devices and can be accessed using all kind of internet browsers.
Maintenance of the policy
It is not always enough to follow the policy blindly. The sole responsibility of the HR of a company is to continuously update and review the employee referral policy of the company. While doing so many points and suggestions should be kept in mind. Online recruitment software used for such a policy should be provided with few exclusive features and terms and policies. The few essential sub points are:
Process of recruitment- The particular process for hiring of the candidates should be stipulated in a correct manner. Starting from receiving resumes to short listing the applicants, the candidates must be completely aware of the complete procedure.
Criteria for eligibility- The mention of the criteria for selecting candidates should be lucid enough for quick decision making and quality up taking. The Recruitment software should also provide worthy and quality limitations so that the bulk of candidates can be easily taken care of.
Awards for former employees – Keeping the formal employees interested is very crucial for the company. They should be given proper reward for suggesting good and talented employees from their social network in to the company. The awards should be versatile and should be stated as per the employee requirement and need.
Equality in work ethics- All the employees of the company should be given equal amount of preferences in order to avoid miscommunication and prevarication among the workers. This also helps in maintaining a good relationship among the colleagues and the supervisors and thus provides a healthy atmosphere at workplace.
The above article gives an outline about employee referral policy or system and why at all it is needed for business and work prosperity. The terms and conditions along with the maintenance policy of the system is discussed thus providing Saas recruitment software