Employee referral programs

by Master Fiend on February 29, 2012

Probably the biggest impact of social media in recruitment is the ability for a smart company to put a smart employee referral program in place. Most employees now have about 150 contacts in their social graph. That’s about 12000 contacts in a 100 person company – with a some discount for cross over.

Managed properly employee referral programs can account for over 50% of all new hires. We recommend checking out Zartis to see how they’ve integrated it referrals into their applicant tracking system.