Employee referral programs are the most powerful corporate recruiting tool, bar none. They can produce a high volume of quality hires who have been statistically proven to have lower rates of attrition. When designed well, they can not only be cost-effective, but they can produce one of the highest ROIs …
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Best Practices in Recruiting: 2008 ERE Award Winners
One of the challenges in the fast-moving profession of recruiting is how to keep up with the latest evolutions in best practices at the best firms. Fortunately, it’s a little easier to learn about the emerging benchmark best practices as a result of ERE Media’s Recruiting Excellence Awards, which honor …
Read More »Establishing Applicant Expectations Upfront
An Ever-Expanding Chasm In a book entitled The Support Economy, the authors write: "People have changed more than the business organizations upon which they depend. The last 50 years have seen the rise of a new breed of individuals, yet corporations continue to operate according to logic invented at the …
Read More »Budgeting for a World-Class Employee Referral Program
It’s no secret that employee referral programs are proving themselves around the world to be a highly effective and efficient channel for sourcing quality candidates. While many employers are drawn to the source based solely on attractive cost-per-hire predictions, those savvy enough to measure the impact post implementation are finding …
Read More »Effective Approaches for Attracting Competitors’ Employees to Your Firm
As the global war for talent continues to manifest itself in an ever-increasing manner of ways, a nasty practice left over from an era long ago continues to handcuff recruiting organizations around the world. The practice we speak of is the gentlemen’s agreement made between two organizations not to poach …
Read More »Aggressive Talent Poaching in Bathrooms and Parking Lots
Ever since the unsolicited offer by Microsoft to buy Yahoo, recruiters have been literally “circling” Yahoo in a manner that would have to be labeled as aggressive even by Silicon Valley standards. The tactics vary from the relatively tame practice of “cold calling” into Yahoo in order to find nervous …
Read More »Positioning the Strategic Role of Recruiters in Volatile Economic Times
The U.S. economy is like a sprinter trying his best to run a long-distance race. It takes off at full speed until it burns up its resources and has to slow down while it recovers, only to take off again shortly thereafter. Time and time again, companies in the U.S. …
Read More »Develop an Innovator and Game Changer Capture Program
The Business Impact of Innovators and Game Changers There are many reasons why managers in corporate recruiting fail to institute specialized processes and programs to capture individuals (executive search professionals have long excelled at treating game changers differently). The most common reason for their lack of action is that they …
Read More »Your Corporate Website Is Boring Applicants
The Current State In general, most corporate careers sites vary from boring to downright embarrassing. The vast majority of those in existence are essentially online brochures that are not very convincing or even informative. They currently serve as little more than a wrapper for a series of data entry screens …
Read More »Your Corporate Website Is Boring Applicants (Part IV of IV)
Features That Bring the Firm to Life and Make the Firm Appear Genuine Most careers sites provide little more excitement than reading a paper brochure. One of the goals of the website should be to include information that brings the firm to life and makes the work experience seem genuine …
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