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Why Sourcing Referrals Can Improve Retention

Why Sourcing Referrals Can Improve Retention

FromTalentCulture #WorkTrends


Why Sourcing Referrals Can Improve Retention

FromTalentCulture #WorkTrends

ratings:
Length:
30 minutes
Released:
Oct 7, 2015
Format:
Podcast episode

Description

The TalentCulture #TChat Show is back live on Wednesday, October 7, 2015, from 1-2 pm ET (10-11 am PT). Last week we talked about the neuroscience of what keeps leaders up at night, and this week we’re going to talk about why sourcing referrals can improve retention. Predicting new employee tenure is about as easy as predicting the weather, even with various data inputs and powerful algorithms we have today. Most people these days stay in their jobs only about 3-5 years.  But one thing is clear: referrals can and do have an impact on employee retention. If an employee is satisfied at work, whose performance is consistent, and of course is rewarded fairly, then he or she is much more likely to suggest referrals. They become a brand advocate. And if these referrals have a similar experience to those who referred them, they will in turn potentially last a little longer and make referrals themselves. In fact, even candidates that don’t get hired will make referrals if their experience is a good one. Join TalentCulture #TChat Show co-founders and co-hosts Meghan M. Biro and Kevin W. Grossman as they talk about why sourcing referrals can improve retention with this week’s guests: Jessica Miller-Merrell, SPHR, President/CEO of Xceptional HR, author, speaker, HR professional, and workplace social media expert; and John Sumser, Principal Analyst at KeyInterval Research and editor at HRExaminer.com. Thank you to all our TalentCulture sponsors, partners and supporters!
Released:
Oct 7, 2015
Format:
Podcast episode

Titles in the series (100)

You've been in the HR trenches for years. Now, are you ready to look toward the future? Join host, Meghan M Biro on the #WorkTrends podcast from TalentCulture as she talks about how work is changing. You'll get all the news you need to stay current, and hear from leading experts, HR tech vendors and HR practitioners about what inspires them. Join us on Twitter every Wednesday at 1:30 pm Eastern for a live chat using the hashtag #WorkTrends.