Technology is revolutionizing employee referral programs by harnessing the power of social networks

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Recruitment software company RolePoint are transforming employee referral programs, allowing organizations to rethink how they access candidates and hire through technology.

San Francisco and London-based social recruitment software company RolePoint have recently launched their social recruitment software, which streamlines the hiring process for companies looking to hire new candidates through referrals from existing employees. Just last week they published their most recent corporate whitepaper written by world-leading recruitment strategist, Bill Boorman, which outlines the exceptional benefits of implementing a social recruitment strategy.

The exponential growth of social networks such as Facebook, LinkedIn and Twitter have made mapping social relationships more transparent, with this trend increasing RolePoint are using it to facilitate greater reach helping organizations find the best candidates.

Although RolePoint are relatively new player in the technology industry, they have already reported considerable interest in their product as companies begin to realize the proven hiring benefits of employee referral programs. They have already been featured in prestigious technology website TechCrunch, recruitment industry website Ere.net and British national newspaper, The Guardian. Additionally they have received significant sums of investment, allowing them to fine tune their product and provide the best recruitment intelligence to companies that use their service.

Considering the statistics that the average length of employment among referral hires is the longer than any other with 46% retention after one year compared to 33% from career sites and 22% from job boards. This alone is beginning to convince many organizations of the need to incorporate employee referral programs into the hiring strategy.

RolePoint’s new approach to employee referral programs using social media metrics increases candidate engagement, encouraging the best talent to apply for jobs. It takes the best aspects of the employee referral programs developed in the mid twentieth century and combines them the power of modern day social networks. Many employers already post job vacancies on Facebook, Twitter and LinkedIn. With RolePoint, companies with existing social recruitment strategies will have a comprehensive solution that provides sophisticated social analytics and dramatically increases candidate engagement. It uses existing employees as an untapped source of social capital bringing in a significant return on investment for clients.

About RolePoint

Recently launched social recruiting platform RolePoint is set to revolutionize the way companies organize their staffing solutions. It has been developed as a powerful tool designed to help find talented candidates within existing employees’ social networks. For more information visit http://www.rolepoint.com or give them a call on +1 888 571 2851.

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