Employee Referral Program (ERP)
Great employees are the foundation of a successful business, but finding them can be challenging. Since word-of-mouth is an effective recruiting tool, it makes sense to use existing staff to help you locate the talent you seek. An employee referral program might just do the trick.
An employee referral program (ERP), whereby employees recommend qualified friends, relatives or colleagues, can be an excellent source of candidates. For the employee whose recommendation leads to a hire, there can be various rewards.