Referral based talent acquisition is the most effective system in the markets driven by skilled people shortage (more demand than the supply for right manpower). Referral system is one of the most effective way to utilize the employees and ex-employees (Alumni) in building the organization by sourcing right profiles. The quality of referrals is highly effective when compared to any other methods in sourcing. HireCraft™ provides Referral Portal that can be used to publish the requirement onto intranet from which the employees or alumni members will submit the resumes of their friends and earn the referral bonus or gifts as per the company policy. The major effect of employee referral system is achieve high stability in manpower and convert employees into mentor to bring in their know people and mentor them |