The performance gap between the very best employee referral programs and the typical program is growing dramatically wider each day. Benchmark organizations dedicating resources and formally managing their programs are very close to producing 50% or more of all external hires from their programs — nearly double that of the …
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2010/2011 ERP Benchmark Study Pre-registration
Thank you for your interest in participating in our 2010/2011 Employee Referral Program Design and Performance Benchmark Study. We are currently finalizing the study structure and timeline. Please fill out the following pre-registration form and we will notify you via e-mail when the study kick’s off. {chronocontact}2010ERP{/chronocontact}
Read More »Advanced Employee Referral Programs — Best Practices You Need to Copy
40 Practices That Distinguish Great from Average The following list is separated into eight categories, based on what the composite practices are trying to accomplish. Benchmark firms are highlighted in parentheses. Improving the Business Case for ERPs The best referral programs are well-funded because they have convinced business leaders and …
Read More »A Checklist for Predicting Corporate Disasters — Is Your Firm the Next BP?
Do People-Management Factors Cause Failures? In recent years, numerous scandals and disasters have demonstrated the far-reaching impact of corporate policy, and more importantly corporate practice. While firms like Enron, Bear Stearns, and “systems” best practice icon Toyota had well-documented processes, policies, and procedures, they also all engaged in management practices …
Read More »The Future of HR From a Shareholders Perspective (Part 3 of 6)
Links to: Part One | Part Two “SHAREHOLDER ALIGNED” PERFORMANCE CULTURE PRINCIPLES GUIDING THE FUTURE OF HR Having looked at the purpose and the service delivery model for the HR function of the future, the next phase in redesigning HR from the shareholders perspective is to establish a set of …
Read More »“The Future of HR” From a Shareholders Perspective (Part 2 of 6)
CLEARLY DEFINING HR’S PURPOSE AND PRIMARY CUSTOMER In part one of this series I outlined why I believe public companies are about to experience a significant uptick in shareholder interest/involvement in talent management practices. Large investors interested in protecting their investments are paying more attention to how the companies they …
Read More »“The Future of HR” From a Shareholders Perspective (Part 1 of 6)
Most pundits that forecast the future of the human resource function do so from a narrow perspective that assumes the future offers little more than an evolution of the past or present. The forecasts fail to consider how radically different the profession might be if we threw out all that …
Read More »Finding the Failure Points in Your Recruiting Process — Some Final Approaches
The three basic FPI approaches include: Evaluating the steps in the recruiting process — in order to find failure points, locate the deluded individual step to determine if it is even being carried out, who is accountable for it, and whether there are metrics for assessing the output of that …
Read More »A Recruiting Yield Model … How it Can Identify Failure Points
Benchmark Pass-through Rates At Each Step I recommend that you begin the failure point identification process by calculating the average “pass” or pass-through rate at each step in your process. You can start with benchmark data from other firms. For example, the following data covers over 130,000 applications from nine …
Read More »The Steps of the Recruiting Process … and How to Identify Failure Points
The 19 Steps in an Effective Recruiting Process In this section I’ll list each of the 19 distinct steps in the recruiting process, as well as the primary goal and the common cause of failure for each. Step #1 — Determine your ideal recruiting target — the goal of this …
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