If at least 80% of jobs are never posted, how do people get hired? The hidden job market is like the secret underground for jobseekers and everyone wants to get in, but most people don’t know how. I think that’s because we don’t take the time to look for the easiest solutions, like employee referral programs.
Employers love ERPs. They cut the financial and time investments of hiring, provide the employer with a wide pool of candidates who are easily vetted, and make existing employees happy because they’re able to help friends, family, professional contacts and themselves by earning a bonus. Plus, research shows that referred employees have a stronger understanding of the organizational culture, better skills, and a tendency to stick around longer than a year.
So how can you take advantage of ERPs?