Hiring talent into a business is an extremely important process.
You must hire the right people into your business to ensure its future growth and success. Working on the Talent Acquisition team in Morgan McKinley, I see first hand the difficulties that come with hiring the very best people for your business and the joys when it all falls into place.
One thing I have noticed over the years is a change in the landscape of where the people we hire into our business are coming from. The obvious traditional sources are still actively being used such as, online job boards, company websites, careers sites, even still print media. There remains also a big focus on going after the 'passive candidates' in the market, both via online and traditional networking. What has really come to the forefront in our business and has been active in many other businesses for some time, are internal referrals. According to ere.net, "At top firms, over 50 percent of the hires will come from quality employee referrals". If referrals are going to or have the potential to equate for half of your hires in a year, it is most definitely time to get your internal referral scheme up to scratch and become even more attractive to employees!!
At Morgan McKinley, we on the Talent Acquisition team put a lot of work into revamping our internal referral schemes as it is fast becoming one of our top sources for new hires into our business.
Below are my top 5 tips on how to get your internal referral scheme working for you:
Very best of luck with your internal referral schemes, keep them fun, engaging and reward employees for putting you in touch with excellent candidates!
If you would like to discuss internal opportunities in Morgan McKinley please don't hesitate to contact me for a confidential chat.