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Employee Matters Article

   

Employee Matters

Updated: August 1st, 2008 01:55 PM GMT-05:00

Using Current Employees as a Powerful Recruiting Tool


Lynne Eisaguirre

Bottom Line Results from using Employees in the Recruiting Process
According to a study by Watson Wyatt of 147 large North American companies, employee referrals are an efficient way to find new workers. Companies that hire more than 1/3 of new employees through employee referrals generated more than twice the total return to shareholders (48%) of employers that hired less than 10 percent of employees through referrals (23%).

Summary
Using a team approach to recruiting offers many benefits. Consider adding this powerful recruiting tool to your arsenal.

Lynne Eisaguirre appears as a workplace expert on CNN Headline News, Bloomberg TV, ABC News and many other media sources. She is the author of Stop Pissing Me Off: What to do When the People you Work with Drive you Crazy and five other books. She is the founder and president of Workplaces That Work. A Former practicing employment attorney, she presents workshops to clients such as Harley-Davidson, Southwest Airlines, Bristol Myers Squibb, and Sun Microsystems on issues from conflict management to employee retention to leadership and team building. She lives in Golden, CO and can be reached at www.workplacesthatwork.com.

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