How To Revamp Your Employee Referral Program

[fa icon="calendar'] Jul 12, 2016 10:00:00 AM / by Andy Wolfe posted in Sourcing, Hiring, Referrals

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Before getting into how referral hiring programs work, let's first talk about their goals:

  • To hire great people efficiently
  • To engage and retain your current and new employees

Now that we have goals established, we want to design the easiest way to achieve them. We've found the following three components to be the most important elements of a successful referral program:

  • Make it easy for employees
  • Use simple, altrustic incentives
  • Write great, short emails

This is the way great tech companies like Facebook and Google do it  they’ve cut out the unnecessary fluffy benefits, and identified the core need: an efficient way to recruit the best candidates.

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When Jobs Are Open Too Long

[fa icon="calendar'] Jun 28, 2016 10:12:00 AM / by Andy Wolfe posted in Sourcing, ROI, Hiring, Recruiting

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43% of jobs are filled in the first 30 days, but the other 57% are likely to stay open for 3 or more months. Leaving a position vacant for 60-90 days is detrimental to your bottom line.

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Why You Should Adopt The Facebook Ninja Hunt

[fa icon="calendar'] May 31, 2016 8:37:00 AM / by Andy Wolfe posted in Sourcing, Hiring

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Tech companies take hiring very seriously, but the hiring process can usually be a long and tedious one. Facebook uses something they call the "Ninja Hunt" — a quick practice that allows recruiters to build a database of top talent.

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Source For Soft Skills, Not Hard Skills

[fa icon="calendar'] Apr 18, 2016 2:55:50 PM / by Andy Wolfe posted in Recruiting, Sourcing, Hiring

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Let’s face it: identifying, engaging, and hiring great people is hard work.

What are the top things you look for when you’re sourcing candidates? If specific hard skills, certifications, degrees, or other keywords are on the list  I'd challenge you to reconsider sourcing for great people, not great keywords.

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How Tech Companies Hire Top Talent

[fa icon="calendar'] Apr 7, 2016 2:08:49 PM / by Andy Wolfe posted in Recruiting, Hiring, Sourcing

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Tech companies know that the best hires come from employee connections, but how do you make sure you get enough or the right ones in the door? Dropbox, Facebook, and Google have a ton of talented people joining their teams every day. If you want to hire top talent, do it like them. 

Rather than mass-emailing employees for referrals, they take matters into their own hands to make the process a lot easier (and fun). 

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How To Engage Employees To Identify Top Connections

[fa icon="calendar'] Mar 10, 2016 1:12:14 PM / by Andy Wolfe posted in Recruiting, Referrals, Sourcing, Hiring

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It's no secret that employee networks are full of great candidates, but did you know that companies only regularly hire from a pool of about 5-10% of their employees' connections? This is because: (1) most of an employee's connections are not very strong (e.g. they're acquaintances from a conference), (2) most of an employee's former colleagues aren't the standout few who were fantastic, and (3) most employees don't regularly participate in even the most robust employee referral programs. Probably no big suprises, here, but the implications are.

We've already seen that big bonuses are not that effective in identifying top employee connections; so, how do you drive participation and find more great people?

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The Recruiter's Dilemma: Quality Of Hire vs. Time To Hire

[fa icon="calendar'] Feb 24, 2016 5:00:39 PM / by Andy Wolfe posted in Recruiting, Sourcing, Hiring

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Every recruiter is faced with the age-old dilemma of having to decide between hiring fast and holding out for the perfect candidate.

You want to accelerate time to hire, but you also need to ensure you’re bringing qualified players to the team. How do you decide on: quality of hire vs. time to hire? 

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Save Time, Hire Better With Smarter Sourcing

[fa icon="calendar'] Jan 28, 2016 10:47:52 AM / by Andy Wolfe posted in Recruiting, Sourcing, Hiring

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Time-to-fill and quality-of-hire are two of the most important metrics for typical recruiting teams. However, they seem to be at odds with each other. It's no surpise that sourcing top talent is time consuming and imperfect. In fact, U.S. companies spend $5B a year on recruiting software, yet 50% of hires are mistakes.

So, how can heads of talent save time and hire better? The answer: smarter sourcing.

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