Turn your website into a Talent Magnet

Do you know your Co$t of Hiring?

Do you know your Co$t of Hiring ?

Lets see how hiring managers normally spend their hiring budgets

Advertising in

Advertising in

Advertising in

Recruitment Firms

Advertising in

Recruitment Firms

That’s it?

did you add these other costs?

Advertising in

Recruitment Firms

Wait...

Advertising in

Recruitment Firms

Employee Referrals

Advertising in

Recruitment Firms

Recruiter Pay

Employee Referrals

Advertising in

Recruitment Firms

Recruiter Pay

Travel

Employee Referrals

Advertising in

Recruitment Firms

Recruiter Pay

Travel

Relocation

Employee Referrals

Advertising in

Recruitment Firms

Recruiter Pay

Travel

Relocation

Employee Referrals

Add it all up

Advertising in

Recruitment Firms

Recruiter Pay

Travel

Relocation

Employee Referrals

Add it all up

DO YOU REALLY KNOW YOUR CO$T OF

HIRING?

Studies indicate that the Average Cost per Hire is

$ 4,000 In USA


$ 4,000 In USA

£ In UK4,500


$

INR

4,000 In USA

£ In UK

In India

4,500

50,000

Average Cost per Hire through Recruitment Firms

$ 18,700 In USA


$ 18,700 In USA

£ In UK12,000


$

INR

18,700 In USA

£ In UK

In India

12,000

70,000

Average Employee Referral Rewards per Hire

$ 640 In USA


$ 640 In USA

£ In UK500


$ 640 In USA

In IndiaINR

£ In UK500

10,000

Average cost of applications through your Careers site

$ 0,00 In USA


$ 0,00 In USA

£ In UK0,00


$

INR

0,00 In USA

£ In UK

In India

0,00

0,00


$

INR

0,00 In USA

£ In UK

In India

Referrals and Direct Applications are lowest cost hiring channels. Are you using them effectively?

Lets see a typical Careers section of a website!

0,00

0,00

Typical Careers Page looks like this

Does your Careers Page look like this ?

Job Listings


Job Listings

Social Media Integration


Job Listings


Job Descriptions?


Job Listings

Referrals ?


Job Descriptions?


Job Listings

Referrals ?


Job Descriptions?

Accept applications by email

Still wasting time tracking CV’s on excel sheets and losing them to deleted emails ?

What if there is an easy solution ?

XYZ CORPORATION

powered Careers Page

XYZ CORPORATION


Dont’ chase your IT guy, Post all your jobs yourself, in minutes !

XYZ CORPORATION

Apply online and Refer Friends. No sending CVs by emails !



XYZ CORPORATION

Search for and Browse through all the Latest Jobs




XYZ CORPORATION



Social Media Enabled



XYZ CORPORATION





Set Rewards and enable an Employee Referral Program


XYZ CORPORATION



Detailed Job Description



Set Rewards and enable an Employee Referral Program


Post and manage jobs on your careers section with a simple and intuitive interface

Careers Page – Control Panel


Share jobs with your professional and social network in less than a minute



Share jobs with your professional and social network in less than a minute

Track, manage and monitor all candidates from application to joining.

Build a reserve pool of candidates and create a pipeline to reduce future hiring lead time


All Jobs posted using Careers pages are submitted to

and 20 + other sites !

So that you get Resumes and Job applications FASTER and for FREE


What if you could add all these features to your website in less than 10 minutes ?

Log on to

www.wisestep.com/Recruiter/careers

Act Now, Reduce your Hiring cost !

Convert your Website Visitors to applicants and Referrers.

Get more Job Applications at 0 cost!

Try us Today

http://www.wisestep.com/Recruiter/careers

Done setting up your careers section ?

Now, add an Employee Referral Program to your careers section

Lets see what Employee Referral Programs can do

33%% New hires through Referrals for


40%


40%

50%


40%

50%

What % of your hiring is from Referrals ?

Referrals helped the company grow their facility from 100 to 300 employees

Referral Rewards paid to hire over 3000 people $ 7 MN

Referral Rewards paid to hire over 3000 people $ 7 MNAverage Referral Reward paid out per hire $ 1000 - $ 2500


Estimated Savings, if other channels were used for Hiring

Average Referral Reward paid out per hire $ 1000 - $ 2500$ 20 MN


Estimated Savings, if other channels were used for Hiring

Average Referral Reward paid out per hire $ 1000 - $ 2500$ 20 MN

What is your cost of not having a Referral program?

Average number of Referrals leading to a successful hire 15

84Average number of candidate applications from job boards leading to a successful hire


84Average number of candidate applications from job boards leading to a successful hire


Are you still spending more time and money on Job Boards than necessary ?

5%% of Employees that normally participate in Employee Referral Programs


25%% of Employees that need to participate in Employee Referral Program to make it successful


25%

What % of your employees participate in Referrals ?

% of Employees that need to participate in Employee Referral Program to make it successful

Common Issues about Employee Referral Programs

Oh ! I did not know we had a referral program



XYZ CORPORATION

All Open jobs and rewards are listed on the careers Section. Easy to Find,

Easier to Refer

Employee Referral on Wisestep.com powered Careers Page



XYZ CORPORATION


Easier to Refer





XYZ CORPORATION

Employee logins to allow tracking of referrals


Easier to Refer



I have to fill out 3 forms to refer my friends. That’s a hassle


I have to fill out 3 forms to refer my friends. That’s a hassle

XYZ CORPORATION

Employees can login and refer jobs to hundreds of friends using email and

social media in less than a minute. Its easy and its fast.



I refer my friends but I never know the status of their applications


I refer my friends but I never know the status of their applications

XYZ CORPORATION



Receive applications that get tracked to the referrer automatically with regular

status updates to the referrer.

What if an Employee Referral program with all these features can be added to your website in less than 10 minutes ?

Log on to

www.wisestep.com/recruiter/careers

Act Now, Reduce your Hiring cost !

Call +91 998 999 7917Email: [email protected]

Convert your Website Visitors to applicants and Referrers and get more Job Applications at 0 cost!

Add an Employee Referral program to your website

Try us Today

http://www.wisestep.com/recruiter/careers

mailto:[email protected]

Source Data

Average cost of hiring data : EMA cost per hire Survey

Average cost of hiring in UK and India : Wisestep internal studies

Average cost of hire through referrals and recruitment agencies : EMA Cost per hire survey

Average Referral rewards in India : HR World Editors.

% hires through referrals for Intel, PWC, - HR World Editors

Referral Rewards data for E& Y, Direct TV - HR World Editors, 2008

% hires though referral for Infosys : CNBC quarterly earnings call transcript for Q3 FY 10-11

Number of referrals that result in a hire : Careers builder sources of hiring study 2010

% of website visitors that are job seekers : Wisestep Internal studies

http://www.taleo.com/researcharticle/careers-website-visitors-just-facts :

% of visitors to careers websites that are job seekers

% of job seekers that will apply for a job with detailed job description

% of employees that participate in Referrals , % of employees required for a successful referral program : Wisestep Internal Studies

http://www.taleo.com/researcharticle/careers-website-visitors-just-facts

Turn your website into a Talent Magnet

Business

hr world editors

latest jobsapply

latest jobsemployee

successful

successful

employee referral

employee referral

careers siteinr0