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Research has shown that the benefits of hiring future employees recommended by current employees are tremendous to an organization: increased tenure, better performance, higher levels of job satisfaction and more pre-hire knowledge, for instance. Most organizations cite "employee referral" source of hire as between 30 and 50%. So if they benefits are so great, why isn't that percentage higher?
Every day global organizations are adopting social networking technologies to increase collaboration and improve organizational efficiencies. These collective workforce communities can enable large companies to tap into the knowledge and connections of current and former employees to drive significant business impact. Successful implementations report enhanced collaboration and communication, increased recruiting and talent management efficiency, and retained access of valuable intellectual capital. more »
Corporate alumni relations is fast on its way to becoming a discrete talent management discipline for many organizations. The key to success is learning how to maintain positive and mutually-beneficial relationships with your exiting, retiring and former employees, and effectively leverage these connections to find top talent, increase staffing referrals, maintain access to valuable know-how, drive business development opportunities, and more. more »
Increasingly, smart companies around the globe are tapping into the power of social computing to cost-effectively harness talent from both inside and outside their organizations. Savvy human capital professionals are leading the charge in this arena-building talent communities for recruiting, alumni programs, mentoring, learning, and collaboration. more »
Why should your organization host an alumni group? Enticing factors like "second career" Boomers and a surge of young talent motivate many recruitment strategists. The fringe benefits can be particularly appealing as well: business development opportunities, agile yet controlled social networking platform, and a brand vehicle. more »
The statistics around the number of hires inside of an organization from the source of an employee referral can be staggering. Recruiters are trained to ask for referrals and to expedite a referral from a great employee. But how can you mobilize every employee in your organization to do the same- regardless of job function or level? more »
As citizens of the 21st century are accustomed, digital communication methods (social networking, email, text messaging) are often criticized as somehow lazy or sub-par to face-to-face introductions and meetings and hand-written letters. In the pre-webcam days, that might have been true. The reality of today is that most of us have more "friends" in their social networking circles than in our holiday greeting card lists, not because one activity decreased or slid into oblivion, but because a new activity-interacting virtually- increased. more »