In today’s competitive market, where organizations are trying hire and retain the best talents in the world, the process of hiring is getting tougher day by day. The concept of TAG (Talent Acquisition Group) is something that has been a recent incorporation within the Human Resource department. It does not imply to fill the positions, but also leverage the skills coming out of the candidates, after a rigorous recruitment process.
However, with growing competition and organizations trying to attract these skilled candidates at throwaway salaries, TAG in organizations created the employee referral program. The objective of this program is to attract right talent, leveraging the network of existing employees. This network could be their friends, relatives or professional network from previous organizations. This way, organizations try to tap the best talent and turn around their requirement quickly.
Even though most of the companies claim to have best in class employee referral programs, it just contributes to 40% of new hiring. Every employee program comes up with two challenges
1. Employees don’t know what specific positions are available
2. Employees don’t know who in their network has the skills you need
Problem number two can be addressed by the employees themselves, if problem number one is addressed in the right way. Companies need to use tools to notify employees about the current positions and upcoming positions in the organization, with a detailed description of the skill sets required.
This will encourage employees to map the requirement with the available skill sets in their network. But this should not just be through an email communication, because not every employee has an email account, particularly those who work in plants in an unionized set up. Hence it becomes even more imperative to have a tool that can be easily used, even on a simple smart phone.
Sodales Solutions has helped organizations across industries, with the help of their employee referral program app which can also be extended to the existing HR systems like SAP SuccessFactors. The app is a single page form which allows employees to fill in their details and the details of the candidate they are referring. They can even have a look at the current openings within this dashboard to help them map the right referral to the requirement.
This simple yet very useful app has some very intriguing and interesting features that empowers talent acquisition team as well as employees
1. It helps users to save or filter new job postings
2. Users can subscribe to new job posting notifications and use various filters like category, key word, location and experience level
3. Captures referred candidate data with comments, as entered by users
4. Even external contracts and alumni can provide referrals through this dashboard
5. Easy dashboard to review earned referral bonus and paid off bonus
6. Seamlessly integrated with cost accounting and payroll
7. Mobile enabled solution for ease of use to field employees
Sodales has developed this solution for HR department across organizations, agnostic to industries.
Sodales Solutions Inc is an award winning SAP HANA Cloud Platform Solution Extension Partner. We have developed more than 100 SAP HANA Cloud Platform based packaged apps. We were the first SAP partner to co-develop an S/4 HANA extension app at SAP co-innovation lab.
To know more about how to extend your SAP SuccessFactor system to manage employee referral programs write to us at email@example.com or call us at +1.647.824.4286