Employee Referral Program - Innovative Recruiting Solution
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Innovation comes from two main factors: risk taking and creativity.
- Creativity - ideas must be produced that are new and original.
- Risk taking - these creative ideas must be believed in and fully pursued using valuable resources to make productive and successful, with the notion that it may not work.
With new developments in the Human Resource department, fresh and innovative ideas make their way to the front in hopes they have found the perfect means to hire ideal candidates. Larger companies mostly rely on their internal company employee referral programs. These programs are seen to be pretty successful and many are unwilling to veer from this comfortable approach. Companies are not willing to take the risk that may come with a different form of hiring. Even though the internal programs are proven successful, they have their downsides.
- Large but limited candidate pool coming from the employees of the company
- Employees take recruitment as a low priority
- Employees are not positive if the job offered is a well matched for any candidates they may know
- Passive candidates are hard to reach
This is where innovation comes into play. Why be stubborn and stick with a referral program that only draws from the limited pool of employee's candidates, when you can have a similar system but draw from the entire work force including the large cluster of passive candidates.
With Yellojobs.com it's a new innovative form of recruiting that takes the generic referral program and kicks it up a notch. Social networking and cash rewards are just a few unique ideas that would and should raise attention to candidates and their referrers. Why should businesses hop on board? The idea that the candidate pool is almost endless and using Yellojobs.com is completely free is a steal for businesses that pay large sums to hire dubious candidates. Yellojobs.com cuts these outrageous costs and takes the creative risk taking that is needed to get to the next level of recruiting.
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