By "Jim Lein, Oracle Midsize-Oracle" on Jun 12, 2015
I admit it. Sometimes I creep. Anyone who prides themselves on being a top notch web researcher will from time to time. For instance, my son just received his roommate assignment for his freshman year at college and I knew everything the web could tell me about that kid within half an hour.
In fairness, most LinkedIn users are probably more flattered than insulted by recruiters looking at their profiles. But if your recruiting strategy relies too heavily on trolling LinkedIn, you’re not on the path to adopting Modern Best Practice for Recruiting.
This guide, Social Networking With a Purpose: Acquire More Talent by Combining Referrals with Social Media, identifies that your existing employees likely hold the key to hiring the best talent.
2014 research by Recruiting Trends:
- 73.6% of recruiters say that employee referrals yield the highest quality candidates
- 54% identify employee referrals as one of their top candidate sources
- A referred candidate is three to four times more likely to be hired.
Voluntary employee referrals are just the tip of the iceberg, as the guide states, because, “neither employees nor alumni can refer friends and colleagues to job openings they don’t know about.” Voluntary referrals miss out on the full potential of the reality that 45% of LinkedIn users have 500+ connections.
Read the guide to learn how to build a proactive referral strategy that makes it easy to tap into the full potential of your employees’ and alumni’s social networks.
Learn more about Modern Best Practice for HR and Talent:
Oracle Cloud GTM Strategies | Modern Best Practice | Solutions for Growing Companies
Modern Best Practice exploits new capabilities made possible by cloud, mobile, social, analytics, big data, and IoT, making it possible for your organization to achieve more, faster and with fewer resources. It is flexible, supports growth and innovation, and enables new ways to achieve consistently superior performance.The views expressed here are my own, and not necessarily those of Oracle.