Achievers Publishes Guideline for Successful Employee Referral Programs

Toronto and San Francisco – Achievers, the leader in employee recognition and rewards software, today released the “Ultimate Guide to Employee Referrals: How to Engage Employees, Save Millions, and Drive Employee Success™” e-book, revealing research that demonstrates the benefits of employee-driven recruiting programs, as well as a step-by-step process for implementing a successful employee referral plan. The report reveals recent studies that show that employee referral programs for recruiting successful hires decrease recruitment costs and times-to-hire, as well as tend to yield higher-quality candidates than traditional recruitment methods.

According to the new e-book, utilizing an employee referral program can save a mid-sized company more than $1M in the next three years, and return applicants who are three times more likely to be hired and far less likely to leave the company than traditional applicants through job boards. Just as beneficial are the incentives for employee engagement; employees who are involved in the recruitment process feel a greater sense of engagement with the company and control over its future.

“The Ultimate Guide to Employee Referrals” provides a step-by-step process for creating an internal recruiting program, including branding, goal-setting, incentives, and incorporating employees’ social media networks. Additionally, the e-book provides best practices for maximizing the effectiveness of an employee referral plan, and highlights several success stories of employee-driven recruiting programs that have increased retention and employee engagement and decreased the average cost per hire.

To download the e-book, click here, or visit www.Achievers.com. Learn more about employee engagement strategies and practices at Facebook.com/AchieversCommunity and Twitter.com/Achievers.

About Achievers

Achievers’ Employee Recognition and Rewards solution provides companies with a robust foundation for their employee engagement initiatives that enables both social and rewards-based recognition. Designed for today’s workplace, Achievers’ innovative SaaS platform can increase employee engagement and drive business success. It empowers employees to recognize and reward each other in real time and aligns employees with company values and goals. Delivering millions of recognitions annually, the Achievers platform inspires employee loyalty, engagement and performance in 150 countries. Visit us at www.achievers.com. Achievers is a Blackhawk Network company and is headquartered in Toronto and San Francisco.

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