Finding the best talent can be a challenge for any business in any industry.
With more people looking for jobs today, the competition is often quite fierce to land the top employees.
One way to find those hidden gems is by utilizing your current employees in your hiring process.
Should Employees Recommend Family and Friends?
If you are an employee, does your employer encourage you to provide referrals when it is hiring? It can be both good and bad for the person sitting in the cubicle next to you to be someone you know outside of work.
For one thing, you can develop a stronger bond with someone you know on a personal level. It can also make work more fun.
On the other hand, you may feel more pressure to behave in a certain way from either the employer or your friends/coworkers.
There's no question that companies can benefit from inside referrals. The referred candidate will likely have a better idea of the company culture before accepting the job. And if your referrals come from your best employees, they will probably be of the same high caliber. While it's not a sure thing, referred hires can mean fewer turnovers.
Giving rewards to employees who recommend their family and friends can encourage them to spread the word when a company is recruiting. By linking it to the performance of a new employee or requiring them to work a certain length of time, businesses can be better assured of high-quality recommendations.
How the Pros Find the Best Talent
You can take cues from some of the big names in the business world on how to find and keep the best employees.
Business leaders in every field such as Andrew Sasson, Meg Whitman, Marissa Mayer, and others have to know how to find the best talent and utilize their strengths for the good of the company.
For instance, Donald Trump is well known for his ability to promote from within, even in positions that seem unlikely for a promotion. He doesn't overlook his secretaries, chauffeurs, or other entry-level staff when there is an opening. People will be more likely to stay with a company and put forth their best effort if they know it will pay off in the future.
Irene Rosenfeld is the chairman and CEO of Mondelez International, owner of such iconic brands as Kraft Foods and Nabisco. She has turned companies around through her leadership style. One of the ways she does that is by giving more power to employees and pairing new staff with leaders from within. Quality candidates will be drawn to a company that recognizes their ideas and is willing to listen to their suggestions.
When managers and HR personnel are recruiting new talent to add to a company, they must look beyond the current job opening and see the potential for the employee in the future.
They must also recognize the opportunity for contributions from the staff even outside their roles. This will help ensure that they not only find the best people to work for them but that they keep them long-term.