Infographic | Hire Smarter with Corporate Alumni Software
Companies are in a struggle for talent. With young employees changing jobs more frequently- and many saying they’d only stay about four years at a stretch – hiring smart, motivated employees doesn’t guarantee they’ll be there in the long run. So what can you do to make sure your teams are built for success? Hire new employees, right?
Yes, you need to hire for open positions, but you need to rethink the hiring process as well. With 49% of employees saying they’d work with a former employer in the future, you need to bring your alumni network into your hiring practice.
Compare the hiring process to your home life: when you need a mechanic, do you ask someone you trust for a recommendation before you trust a Google search result? Using a corporate alumni solution allows you to reach out in a similar way. Maybe a former employee is ready to come back. Maybe they have a great colleague to refer to you. Rather than beginning your hiring process by casting the widest net, start with your network. You may be able to reduce the time-to-hire from 52 days to half that.
We hear from executives that they rely on Linkedin or Facebook to reach their network. Here is how a corporate alumni platform enhances that model:
First, it allows you to speak directly to your network in a way that doesn’t get lost in the clutter.
Second, you know the users in your network because you chose them, not the other way around.
Lastly, you’re in charge of when you reach out and what you say. It’s a private channel to reach your private network.
So leave the door open to boomerangs, referrals and brand ambassadors. You’ll save time, money and headache as you continue to build and grow your organization.