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| Employee referral Software |
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Use BharatPlanet's Software for employee referral program to improve employee referral program performance, simplify administration and lower your cost-per-hire.
Most of the employee referral program fails in an organization, because
- Status of the referrals made by an employee is not known
- HR department gets loads of enquiries with referrals
- Most employee referral systems fail, because the employees get frustrated when they don’t get the appropriate response from the recruitment dept
- Status of the rewards are not known.
Consider this example:
Hire 1 new employee for Rs. 20,000 through a consultant or recruiting agency, or hire 5 new employees through an effective ERP and reward 5 of your existing employees by paying Rs. 4000 each!
BharatPlanet's employee referral program software
- is a Web based self service system
- reduces HR department’s burden greatly (No calls etc.)
- gives the status of points, rewards at one click
- is scalable
- can be integrated with any ERP or HR application
- and is highly Customizable
What we do
Our advanced employee referral software improves HR's ability to increase employee referral program awareness and participation across the entire organization.
Our employee referral software helps HR department to put the details of a referral program on-line including rewards, rules, FAQ and referral form
All the referrals made by the employees of your company are stored in the database of your choice and ROI data is available in real-time.
BharatPlanet's employee referral software is completely online, accessible 24/7, can be linked from your corporate Intranet, and is very easy for employees and HR staff to use.
BharatPlanet employee referral program also helps to automate the communication to hiring authorities, employees, candidates and the payroll department.
Why an Employee referral program?
- Employee referral programs significantly lower the cost-per-hire compared to traditional corporate recruiting sources such as consultants, headhunters, newspaper advertising, Internet job-boards, college recruiting and career fairs.
- The quality of the candiates coming from employee referrals are far superios to the candidates from other sources.
- Costing - Payout to employees for referring their friends, contacts are much lesser than payour to consultants.
- Entire workforce is involved as compared to only the HR department, By referring, employees reinstates the faith and pride on their company
- Reduction in recruitment costs, Employees does the first level of screening the selection percentage of referred candidates is very high compared to other sources
- The offer acceptance rates are much higher, as the employees can strongly convince their friends and contacts to join the organization
- Homogenous crowd - Referred candidates stand on quality and perform better as they are with people whom they know or connect with and hence a better Cultural fit
- Right Expectations, The expectations of the company and the candiate are clearly spelt in advance by the employee to the candidate
- Extra Bonus, Employees see this as a extra income other than their slaries.
If you have an existing Employee Referral Program, our expertise and powerful technology enables you to expand and manage the program while energizing your employees for optimal results.
If you do not currently have an Employee referral program, BharatPlanet can help you in implementing a complete web based program in few business days.
In effect, our employee referral program software communicates to your employees the importance of recruiting the best talent available to fuel growth and profitability!
Benefits of employee referral program
All majot IT, ITES and BPO Companies today are looking for ways to hire the best people at the lowest possible cost.
They are also looking for ways to retain their employees.
Most HR professionals agree that the best source of qualified talent is to effectively leverage their own employees.
However, most organizations are not able to achieve the results they would like due to the time and resources required to keep a referral program dynamic and "top of mind" with employees.
Organizations simply do not have the framework or personnel for extending a program beyond a small employee base.
The market is ready for recruiting solutions that extend brand and culture by leveraging the corporate talent supply chain.
Recruit:
BharatPlanet employee referral software offers the technology to increase the number of referral-hires to 50% or greater, significantly lowering your recruiting costs.
Refer:
Our referral program software efficiently drives the referral process. The ultimate success of an employee referral program is directly linked to the efforts to increase employee awareness and drive participation in the program.
Recognize:
BharatPlanet employee referral software handles it all automatically. It will recognize when a referral is made, communicate the rules and the associated awards employees can win, reinforce the corporate mission, highlight past referral award winners etc.,
Reward:
What is in it for the employee? You can include any size points or link it to cash awards, or assign unique gifts to each job category. Awards are easily emphasized, changed or updated for your organization.
Retain:
An employee referral program and the associated awards are a distinguishing employee benefit that your competitors may not offer. Investments (awards) establish real ownership with employees. These investments go towards reinforcing loyalty, company brand and culture!
Bottom Line:
Companies who implement BharatPlanet employee referral program software will have a significant recruiting advantage over their competitors.
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