Employee Referral Program

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Employee Referral Program: Modern Survey Samanvita Chakka Human Resources Intern City of Rancho Cucamonga

Transcript of Employee Referral Program

Employee Referral Program:

Modern SurveySamanvita Chakka

Human Resources InternCity of Rancho Cucamonga

Introduction• Referrals are the #1 source in hiring volume and new hire quality

• #1 Fastest Recruiting Method

• Highest in Retention

• There has been a 31% increase in employee referrals

• Increases employee engagement

• Every employee is a recruiter

Statistics• 46% of all hires are referrals at top performing firms

• 43% of companies claim that their best candidates come from employee referrals

• Hired at 1 out of 10 ratio at average firm compare to 1 out of 18 from all other sources

• There has been a 31% increase in employee referrals

ACTIVELY ENCOURAGE REFERRALS

Ongoing Training is Provided Give them updated lists of current talent needed Give them an example of a pitch Ask them to think of talent they worked with in all their past jobs

Recognition of employees Thank you cards Movie Tickets Plaques

Modern Survey• Clarifies the correlation between

employee performance and company success• Designed to measure engagement

levels of new hires to build a culture of engagement• Automatically generates surveys

after 7, 30, 90 days for new employees

FEATURES IN MODERN SURVEY

• Talent Analytics• Onboarding• 360 Feedback• Engagement• Performance• Retention• Measurement

Heat—Talent Analytics• Provides indicators of

organizational performance by using data that provides statistics of the employees, such as the average age group • Analyzes different trends of the

employees, such as the different age groups using social media platforms• Provides surveys which indicate

why people leave, why people stay, and etc.

mSpark—Onboarding• Monitors the performance and

the effectiveness of new hires to build a culture of engagement and immediately alerts employers if there is a problem• Helps ensure that new

employees have the proper training, tools, and resources to effectively complete their job

m360—Feedback• Managers develop self-awareness

by allowing employees to convey their perception and viewpoints about their leaders• Using leadership portals,

managers and employers can receive direct reports that determine their efficiency• Assess leadership by creating

own competency model or by choosing a standard model

mThrive—Engagement• Measures the perspectives of every

employee by formulating different surveys• Enables teams or groups to set

different goals and track their progress of accomplishing tasks• Allows a means of comparing

different aspects of an organization, such as managerial relations, to others in a similar industry• Helps employees analyze their levels

of engagement to others in US workforce

mPerform—Performance• Provides a platform for goal

alignment and constant feedback• Allows employees and

employers to identify their goals as either overall strengths or opportunities• Helps employees recognize

their behaviors and adjust them in a way that will benefit the company or an organization

mExit—Retention• Renders insight into

workforce departures• Gathers feedback from

departing employees

• Identify retention trends that can be utilized to make better decisions in the future• Features can launch surveys

that can be adjusted for personal email addresses

mResearch—Measurement• Allows employers to create

questions, administer surveys, and share the results• Allows employers to learn if

employees believe that their work fits into the organization’s goals• Permits an organization to

compare its employee engagement with others in the industry

Whitepapers• Articles that provide the

latest research, trends, and insights• It helps employees to be

updated of the latest news that are trending in the industry • Allows employees to post

different blogs on the site

Conclusion

Modern Survey would be a useful mechanism for employers and

employees to foster organizational development. If used professionally

and with integrity, Modern Survey would be a worthwhile attempt for

the prosperity of an organization.

Thank You