Nicole Sievers, Platform Associate at NextView Ventures, writes this featured guest post about effectively hiring before you’ve been able to secure VC funding.
We believe in the near future, all talent databases and search tools will converge – there are only 7 billion people in the world – sooner or later most competitive recruiters will find them.
Employee referrals are known to result in more efficient hiring. U.S. companies hire 29 percent of their workforce through referrals—and at least 88 percent of employers love employee referrals. At companies like Ernst & Young, referrals can account for up to 45 percent of non-entry level hires, according to The New York Times.
Hubspot, the inbound marketing and sales software for social media marketing, content management, web analytics and search engine optimization, has one of the best employee referral programs in the industry. Devon Brown, Recruiting Manager at Hubspot, is one of the secret forces behind this success.
Team Drafted attended Drift’s second annual Hyper Growth conference. It was jam-packed with speakers sharing their unique hyper growth stories and pivotal moments. Here are nuggets from some of the speakers about hiring and growing your team.
It takes a village to raise an all-star team. If you’re always helping, referring an amazing new teammate is the highest impact way to help any team accomplish their mission. With Drafted Communities, companies can curate, manage and build their own referral communities. You can create or join your very own referral community today, for free. Great hires don’t come just from employee referrals, they come from the community you build around your employer brand. Why community referrals? 40% of referral based hires actually originate from somewhere in your community. Your community includes friends, family, advisors, investors, customers, and anyone that cares about your company. Those of you in the recruiting world might also know these as external referrals. A[…]
When it comes to hiring, timing is everything. How many stories have you heard about the right person getting hired because they were in the right place at the right time? Or even more common, the right person was referred at the right time. Finding and sending referrals isn’t always the clearest and easiest process for people. And the only way to start getting a consistent flow of referrals is by making the process as easy as possible. Follow these 3 steps to simplify your referral hiring.
We’re excited to announce the launch of diversityreports.org, a free community resource to share data about diversity programs. You can check it out on Product Hunt too. See a collection of diversity reports in a side-by-side comparison. Compare your current company diversity metrics, set new goals for hiring, and see whose at the top of the list in these diversity categories. Now that we’ve compiled the information for you, you can stop searching the Internet for diversity reports at other companies and start browsing DiversityReports.org. We hope you enjoy it, discuss it with your peers, and send us any feedback at [email protected] Enjoy, Vinayak + Team Drafted
Earlier this year, we launched referralprograms.org as a free community resource to share data about referral programs. (Here’s a link to the announcement) Based on community contributions and other publicly available data, we surveyed 145 companies to create a benchmarking report for referral programs. We’re kind of obsessed with referrals at Drafted. We noticed that when speaking with talent leaders anywhere, the same kinds of questions kept coming up: Does a referral bonus actually help get more referrals? What’s a good referral % to aim for? How can we structure our program and bonus to be the most effective? How does our referral program compare? Now that we’ve compiled the information for you, you can stop Googling referral programs and start browsing[…]
Guest Post: Getting poached sounds like just another cost of doing business, until it happens to you. My company, a video platform for businesses based in Kitchener, Ontario, was raided by poachers after a new company moved into the region. I soon heard through the grapevine that if their HR department discovered a potential recruit had already received an offer from us, they’d automatically make one of their own with an incremental signing bonus. In other words, they were essentially using us to do their employee vetting for them.
Guest Post: As one of the few female tech CEOs in Boston, I feel a tremendous amount of pressure to hire a diverse team. I fully believe that diverse teams are better teams. As a female CEO I thought it would be easier for me to find strong female candidates than other male founders, but historically, we have received 95% male applicants for all job postings which has led to a male-dominated team.
What’s better than getting great referrals? Getting great referrals where you really need it. That’s why we added a new feature in Drafted to help recruiters prioritize positions where they want to see a boost in referrals.