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Why most lucerative employee referral schemes fail?

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Roshan Kumar Sr Manager - Talent Acquisition
Roshan Kumar Sr Manager - Talent Acquisition

Some organizations hire 60-65% of talent from employee references and many struggle to at 15% employee contribution in overall hiring. Every wonder why? You may go through these 6 Mantras which will help you in having a complete insight and plan your Big Jump in Recruitment.

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SIX ELEMENTS OF A SUCCESSFUL EMPLOYEE REFERRAL SCHEME! 1. Clearly defined Job description of an open position/s. 2. Incentive plan & well informed incentive reimbursement process. 3. Time Bound steps. 4. Communication, Re communication & Updated Communication. 5. Team work & Ownership. 6. Recognition. 2
WHY REFERRAL SCHEME FAIL? Referred candidates walk-in for interview but exact source is not captured, which creates scope for future dispute / Dis satisfaction. Candidates Rejected once are called again after 90-180days cooling period however source of first visit is not recaptured in second visit. 3 1. Interview Process Efficiency
WHY REFERRAL SCHEME FAIL? 2. Lucrative referral incentive schemes are announced along with un realistic slabs resulting in Loosing interest by employees. Referral Schemes are made so complex process & sub Processes that it doesnt get absorbed in the mind of employees and always remain as topic of confusion. 4 2. Hostile Incentive Scheme
WHY REFERRAL SCHEME FAIL? Referral Schemes are announced on public domain however never checked if it has Reached the last person in last row. Schemes once communicated remains in inbox and no follow-up & recalls are given to employees. Catchment Area / Notice Board are not updated with the latest Referral schemes. 5 3. Privation of Communication
WHY REFERRAL SCHEME FAIL? Employees do not have any easy to access tool to know what has happened to their referred candidates. Candidates referred & selected but not joined are not pursued through employees for joining. Employees are not informed why a Referred Candidates was rejected. 6 4. No Regular Updates
WHY REFERRAL SCHEME FAIL? Employee Referral Program is a major contributor of hiring however there is no structured scheduled Recognition which can be looked upon by employees. Referral Recognition Programs fail to connect with employees as a sense of achievement is not created and it remains a tick in the Box exercise only. No consistent Plan for moving Bottom Contributors to Mid & above grid. 7 5. Poor Recognition
WHY REFERRAL SCHEME FAIL? RMG/Operational Supervisors / Recruitment / Employee Engagement do not take pain to explain JD for any new opening. Stake Holders do not spend time with their teams on discussing benefits of running Employee Referral Schemes & recognition is left for R&R Day only. 8 6. Poor Involvement by Stake Holders
For query / clarification please write to roshankrawat@gmail.com 9

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Why most lucerative employee referral schemes fail?

  • 1. 1
  • 2. SIX ELEMENTS OF A SUCCESSFUL EMPLOYEE REFERRAL SCHEME! 1. Clearly defined Job description of an open position/s. 2. Incentive plan & well informed incentive reimbursement process. 3. Time Bound steps. 4. Communication, Re communication & Updated Communication. 5. Team work & Ownership. 6. Recognition. 2
  • 3. WHY REFERRAL SCHEME FAIL? Referred candidates walk-in for interview but exact source is not captured, which creates scope for future dispute / Dis satisfaction. Candidates Rejected once are called again after 90-180days cooling period however source of first visit is not recaptured in second visit. 3 1. Interview Process Efficiency
  • 4. WHY REFERRAL SCHEME FAIL? 2. Lucrative referral incentive schemes are announced along with un realistic slabs resulting in Loosing interest by employees. Referral Schemes are made so complex process & sub Processes that it doesnt get absorbed in the mind of employees and always remain as topic of confusion. 4 2. Hostile Incentive Scheme
  • 5. WHY REFERRAL SCHEME FAIL? Referral Schemes are announced on public domain however never checked if it has Reached the last person in last row. Schemes once communicated remains in inbox and no follow-up & recalls are given to employees. Catchment Area / Notice Board are not updated with the latest Referral schemes. 5 3. Privation of Communication
  • 6. WHY REFERRAL SCHEME FAIL? Employees do not have any easy to access tool to know what has happened to their referred candidates. Candidates referred & selected but not joined are not pursued through employees for joining. Employees are not informed why a Referred Candidates was rejected. 6 4. No Regular Updates
  • 7. WHY REFERRAL SCHEME FAIL? Employee Referral Program is a major contributor of hiring however there is no structured scheduled Recognition which can be looked upon by employees. Referral Recognition Programs fail to connect with employees as a sense of achievement is not created and it remains a tick in the Box exercise only. No consistent Plan for moving Bottom Contributors to Mid & above grid. 7 5. Poor Recognition
  • 8. WHY REFERRAL SCHEME FAIL? RMG/Operational Supervisors / Recruitment / Employee Engagement do not take pain to explain JD for any new opening. Stake Holders do not spend time with their teams on discussing benefits of running Employee Referral Schemes & recognition is left for R&R Day only. 8 6. Poor Involvement by Stake Holders
  • 9. For query / clarification please write to roshankrawat@gmail.com 9