SetSchedule is Proud to Announce Being Named 21st Fastest-Growing Company in California by Inc. Magazine!
Inc. magazine today revealed that SetSchedule is #21 on its inaugural Inc. 5000 Series: California list, the most prestigious ranking of the fastest-growing California-based private companies. Born of the annual Inc. 5000 franchise, the regional list represents the most successful companies within California’s most dynamic segment – its independent small businesses.
Posting a job ad requires spending money to advertise for people you already know or you will through your employee or colleague’s network. Here is a summary of how you can leverage employee referrals and boost hiring efforts with the help of coworkers.
Employee Referral – What it means?
When an existing employee or a partner recommends a candidate, then this process is known as an employee referral. Generally, preferred candidates don’t require the traditional application process; rather of replying to an interesting job offer ad, the candidate’s resume will be submitted on their behalf by someone who is connected or part of the company. After this, the hiring team determines whether they are good to fit the company and follow the same practices as with the rest of the candidates: which is done by reviewing their resume and professional background., evaluating their performance on role-specific assessments and by conducting interviews with them.
The advantages of having a referral program are well known because they are one of the best ways for searching high-quality candidates at low-cost especially for startups, for which they work as building blocks. But, ironically, with the growth of a company, the recruitment of employees also grows while the referrals drop off, which is why asking for recommendations is not as simple as sharing an update in the office. All of a sudden, now it requires a process and facing a ride in admin association, scaling businesses often look for external recruiters instead at a certain cost. This the reason for which we developed the SetSchedule Referral Radar.
SetSchedule Referrals is an advanced referral that gives the benefit of employee referral programs back into the radar thus turning your entire workforce into a recruiting machine to take care of all the admin.
Firstly let’s see how to set up a successful employee referral program :
Choose when you should ask for referrals
Come to a decision when you would like to use a referral program for finding qualified candidates. Whether it’s at the beginning of the hiring process or go with traditional recruiting methods like job ads. Whether to use them for every open role or only for specific positions?
These questions become easier to answer once the hiring goals are set. It’s also important to consider the process of hiring for a specified role. if the recruitment of candidates is faster than usual then opting for referrals right away is the best choice since it reduces the overall time for hire.