Beyond Employee Referrals

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[…]

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If you limit yourself to an in-house referral program, you’re neglecting the majority of talent in your network As we’ve written about before, employee referrals are a valuable, powerful tool for building teams. There are several types of employee referrals, and companies with referral programs have higher retention rates and are overall more effective than other sources of hiring. But many companies just incentivize their employees to make referrals – and stop there. In doing so, they’re ignoring a much bigger network of potential talent from which they could be getting introductions to candidates. Even without an external community referral program,  41% of referrals come from outside of your company already. A robust, community-sourced referral program should extend to clients,[…]