eSignature Licitness for Employee Referral in European Union

How to eSign a document: eSignature licitness for Employee Referral in European Union

[Music] hi there and welcome back since in our last bite we discussed the benefits of Employee Referral programs and how they can help you boost overall organizational performance today we'll talk about what makes a good referral program let's get started like many things improve your fill programs come in many shapes and forms there are however certain elements that every program ideally should include number one strong incentives unsurprisingly cash incentives are most likely to get your employees motivated if you don't have the budget for it incentives such as extra holidays and return for a successful referral or even a simple thank you could work too just be creative number two ease-of-use the easier it is for your stuff to use the companies and play your fill program the better an easy signup for example can get up to 50% of your employees to join your referral program on the first day you launch it number three feedback there it is again one of the magic words for our 21st century workforce feedback make sure to keep your employees posted on the status of their referrals simply let them know if the candidate they put forward is moving forward in the hiring process or not that is if you want them to keep referring candidates to you of course number four recognition everyone likes to get a thank you every now and then especially when they've just helped their company hire a great candidate try to think of a nice way to provide your employees the recognition they deserve when they successfully referred someone a company white weekly announcement perhaps all right since we've got the elements of an ideal referral program all figured out now it's time to look at how we can implement a referral program most effectively depending on the size of your company and your available budget implementing a referral program can be as simple as sending out company-wide email and hanging up some paper announcements in and around the office stipulating the conditions of your referral program naturally these conditions include the amount and the type of the incentive and when referring employees will receive it it's not uncommon for organizations to pay part of our fill bonus once the referral signs and another part when they validated their probation period for example larger organizations are companies with a slightly bigger budget can also benefit from HR referral tools and software just like amply useful programs these tools also come in various shapes and sizes but very simply referral software usually taps into your employees collective digital network to find best fit candidates using machine learning technology once the tool has found a potential candidate it can automatically notify the employee to reach out to the referral or reach out for them instead in summary an unclaimed your fraud program can be a great way to develop a competitive edge and stay ahead of your competition in the war for talent given its benefits both for your current and future employees and its relatively low costs having a referral program really should be a no-brainer that's it for today's byte in which you've learned what the elements are that make up a powerful employee referral program and how you can implement such a program effectively while you're here remember to subscribe so you can always stay up-to-date with our learning by it's and if you like this video please like and share it and I'll see you soon in our next learning bytes [Music]