Your employee referral program shouldn’t be scary. It’s one of the most valuable pieces of your candidate pipeline. If not one of the highest converting sources of hiring at your company. Everyone loves referrals and people love making them… until someone starts getting spooked.
Is engagement fear holding you back from going all-in on your referral program? It’s time to get out of your own way and start focusing on the one thing that will help you increase your referral program in an organic way. Communication.
Did you miss Drafted’s webinar hosted by Lola Travel? It’s ok, we can get you caught up. Lola published an ebook summing up their entire Agile Operations series.
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[…]
At Drafted, we believe that referrals are an invaluable source of top talent. Research has our backs on this, too – data consistently shows that referrals lead to candidates with longer tenures, broader diversity, and better performance. Despite this, a lot of hiring managers are still wary of referral programs. Why? We asked around, did our research, and saw some of the same issues coming up. Here are 5 common hesitations employers have about referrals – and why they’re wrong. Misconception #1 ‘I already have too many candidates’ We get it – Your ATS is overflowing with candidates. You have interviews lined up for weeks and are getting more emails than you can handle. Turning down a promising referral because you have ‘too many’ other candidates[…]
Team scaling, 1 trillion emails, and the synthesis of people and strategy with Pattie Money, CPO at SendGrid You’ve almost certainly received a SendGrid email, and you probably didn’t even know it. If you’ve ever gotten an Uber receipt, an Airbnb welcome note, or an eBay password reset, you can thank SendGrid. In the past few years, SendGrid has gone from a small tech startup to one of the most prominent companies in its space, with over 35 billion emails sent per month. In fact, on March 27th, they celebrated their trillionth email send. Naturally, we were excited to speak with Pattie Money, SendGrid’s Chief People Officer to discuss what goes on behind the scenes at the cloud-based email service.[…]
The other day, we at Lever published an infographic from our most recent recruiting benchmarks research for startups and SMBs with fresh insight into how referrals dominate the recruiting process. The moral of the story was this: Referrals get hired at way higher rates (8 percent of all referrals are ultimately hired, versus 1.2 percent across all candidates) than candidates from any other origin. It’s time to step up your employee referral program (ERP). If you don’t have an ERP yet, you’re past due on the time to set one up. To help you get your employee referral program firing on all cylinders (and prevent your ERP from turning into a DERP), we invited Vinayak Ranade, CEO of the referral[…]