Why we trust such recommendations
Recommendations are the link between old and new shores. They lay the steps and make the path safe and free. They have the highest persuasive power - and the lowest scatter losses. Because they specifically contact the persons who are looking for a specific position and the cooperation in the Team actually. And they do so with considerable closing rates.
Because recommending, regardless of whether you know them personally or encounter them as unknowns in the vastness of the Web, provide orientation in the jungle of possibilities. They replace lack of knowledge with trust. Their "likes" and "dislikes" make our brain's work very easy. They shorten decision-making processes and reduce the risk of a threatening wrong decision.
The recommendations of a well-mannered third party reduce the risk of disappointment. They create security. And they help us save a lot of time. For all these reasons, we often follow blinds almost blindly. This is not only happening on the customer front, but also in the recruiting sector.
What makes employee recommendations so successful
Various studies show that employees who are recommended by a recommendation are usually the most valuable: they get faster on board, they fit better, they integrate more smoothly, they stay longer, they work more committed, they are more productive and they themselves become more of a recommendation active.
Investigations also show: Recommendations from top people bring the same employees: highly engaged, loyal, highly efficient. Recommendations from good to medium-sized employees bring good to medium-sized employees, and recommendations from employees who are disappointed. First of all, the top people should be encouraged to recommend.
Key figures: How the success of the recommendation can be measured
Internal success rates can be determined by the following questions:
- What is the maximum number of employees for employee recommendations? And for other activities?
- How long does it take before the contract is signed? And for other activities?
- What is the "completion rate" for employee recommendations? And in the other activities?
- How expensive is a new employee if he comes through a recommendation? And how expensive is it in the case of other recruiting measures?
- What is the proportion of the recommended who successfully complete the probationary period? And what is the share of the non-recommended?
- What are the lead times, the fluctuation rate and other relevant key figures for the recommended? And for those not recommended?
- With what probability are recommended employees who have been active as a recommendation?
- Which employees are most likely to recommend in which departments? With what success? And what is the quality?
- Are there gender, cultural, regional or national differences? Are there differences in different business areas or branches?
- Who or what is most strongly recommended? And what not?
These analyzes are used to identify success patterns and develop concrete measures to further increase the current recom- mendation volume and the resulting quality of applica- tion.
An example from the practice: the Hamburg Volksbank
"People know each other." Under this motto, Hamburger Volksbank seeks new colleagues with the help of its employees. And so it goes on in the text: "Establish contact with potential new employees. If it comes to a contract of employment with this applicant, you get right in motion. For successful mediation you drive for two months and absolutely free our Hamburger Volksbank MINI convertible. "
That depends! The employees do not want to give the car anymore. Added to this is the pride of being allowed to drive a company car. For the bank, of course, the marketing effect on the street counts - plus the communication in the network of the happy referrer. And success in numbers? He speaks for himself!
"In the period from 2008 to 2012, we hired 89 recruits, 18 employees, and about a fifth of them came from the referral program. All in all, 28 new hires are no longer employed by us, according to an average membership of 18 months. There was only one person from the recommendation program, she left us because of a change of residence. The rest of 17 continue to be loyal and committed team members, "says Wolfram Kaiser, Human Resources Manager of the bank.
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