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AUTHOR: Neil Rankin
The worsening economic climate challenges recruiters to use the most cost-effective ways of finding top-quality candidates - could employee referral schemes provide the answer? This IRS report surveys more than 100 employers to find out.
On this page: Employee referral schemes: an overview The typical employee referral scheme The prevalence of employee referral schemes The impact of employee referral schemes Employers’ views on their schemes Drawbacks: equal opportunities and diversity Drawbacks: resources and other issues Exclusions and limitations Workforce groups that cannot receive a reward Vacancies excluded from employee referral schemes Providing rewards and incentives Vouchers, prizes and charitable donations Payment arrangements for cash rewards The value of cash rewards Changes to the value of rewards and incentives Publicising employee referral schemes The prospects for employee referral schemes Our research Table 1: Cash rewards paid by employee referral schemes Table 2: Publicity methods and their effectiveness Checklist: Employee referral schemes Additional resources on XpertHR.
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