Engage Your Employees in the Recruiting Process.
Replacing an experienced employee can cost more than $10,000 in direct recruiting costs. In turn, studies show that replacing a staff member with an employee referral is not only more cost efficient, but your quality of hire can increase. Engage your employees with a system that involves them in the recruiting process and rewards them for inviting their best contacts to work for you.

HRsmart’s Employee Referral System complements the Applicant Tracking System (ATS) and features:

Candidate submission directly into your ATS. When employees submit their contacts for a position, the information is reflected on the recruiter desktop, so review and next steps are simple.

Variable rewards based on position. Recruiters can send selected jobs to the employee referral system and scale rewards based on the level, location or other select criteria of the position, so higher rewards are granted for talent that is difficult to recruit. Rewards can also be designated for each step the candidate passes through, such as a small reward for the interview and a larger award for getting hired.

Status tracking of submitted candidates and rewards. Employees can submit candidates and track them through the interview process. When a candidate becomes a new hire, the employee can find out when they will receive their reward through the solution—saving the recruiting staff valuable time on follow up.

Managed inventory in the system. The solution acts as a database for your rewards, so an inventory can be easily reviewed and maintained, whether it is gift cards, merchandise, travel and incentives or cash. In addition, HRsmart Employee Referral System, recruiters can track who received a reward and when it was dispersed.