At the same time, applicants who come via an employee recommendation usually have a realistic assessment of the company and the workplace. This is also shown by the fact that onboarding this target group usually works very quickly and these new employees quickly move into the productive phase. At the same time, all studies I know of and also practical figures show that these new employees are significantly more loyal in the first few years and there are significantly fewer terminations during the probationary period.
Last but not least, an employee referral program has a reach advantage because it also reaches candidates who are not actively looking and would otherwise be difficult to reach. If your employees are happy, they will be happy to contribute to the company's growth.
At first glance, it seems as if there are only advantages to an employee referral program. But that is indonesia telegram data only one side of the coin. I would like to divide the risks into two dimensions to make it easier to understand. There are risks that arise primarily when the program is not running optimally - which unfortunately cannot be completely avoided in reality. There are also risks that arise even if the program were running optimally.
If things don't go optimally, there is a great risk that not only applicants will be frustrated, but also, to a large extent, the employees who are recruiting. A bad candidate experience is at least twice as bad - and it will always come to light. You should also be aware that there is an interdependence between employee satisfaction and the willingness to recommend. A satisfied employee is happy to recommend - an unsatisfied employee is less likely to do so. However, if an employee recommends a few candidates and the process is not going well from their perspective, they will become dissatisfied and will very likely think carefully about whether they will recommend anyone again.
Even if everything goes perfectly, you still have the problem that you might not see enough diversity among the applicants. I'm not talking about gender or ethnicity here, but rather about cultural diversity. To put it bluntly, an employee referral program gives you more of the same. To a certain extent, that's true and important - but it should be monitored closely.