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  • June 12, 2018 at 2:26 AM #40833
    Avatar of Xuwanghuan

    So you have implemented a world-class employee referral program in your company! When was the last time you reviewed the program to see how it was actually performing on ground? Here are some of the worst referral mistakes companies make and how to fix them.

    #1 Having a complicated employee referral program- Having an employee referral program that the employees do not understand and hence do not participate in Hector Moreno Mexico Jersey , is a sure fire way to kill the program. Not only should the program be simple, its rewards must be clearly known to employees at the beginning so that there are no heartburns later.

    #2 Complacency- This is the number one killer of any referral program. Irrespective of how great a program you think you have devised Hector Herrera Mexico Jersey , the important part is to continuously evaluate the program to determine its relevance. While there could be changes in technology that may require you to adjust the program on the one hand, on the other there could be the issue of relevance of rewards. An institutionalized evaluation process goes a long way in keep the program current and relevant

    #3 Sluggishness in the system- Whether it is to do with slow feedback or delay in releasing referral rewards Guillermo Ochoa Mexico Jersey , the result is always the same- disinterest in the program. An important task ahead of all HR Managers is to ensure no sluggishness creeps into the system and it is kept agile.

    #4 Relevant Rewards- You not only have to ensure that your referral program has rewards associated with it, but rewards that are relevant. This does not necessarily mean doling out too much cash. In fact research has shown that a judicious mix of cash and non-cash rewards work best.

    #5 Exclusion of people or departments- Excluding people beyond a certain designation or excluding certain departments from the purview of the referral program can become counterproductive to the efficacy of the program. It is best to keep the program open to all. In fact some companies have even benefitted from opening the referral program to vendors and clients.

    #6 Lack of Training- It is all very well to assume that once your referral program is in place and rewards have been announced Giovani dos Santos Mexico Jersey , employees will automatically start to refer prospective employees. The fact however, is that employees may need to be trained on how to mine their contacts and use the referral program to the fullest.

    An eye on the above factors will go a long way in ensuring that having implemented a referral program you do not make typical referral mistakes and are able to use the program optimally. Here’s to success!
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    Submitted 2014-03-10 15:45:23 Even though penny stocks may sound to become small to buyers Diego Reyes Mexico Jersey , one thing that people do not know is always that trading in the particular best stocks for 2014 is big enterprise. Penny stock is the most popular term among countless investors and a lot of them want a share of the market. Individuals want to spend money on penny stocks and this is proved by the fact that huge numbers of people are searching and gathering correct information on how penny stocks function. Unfortunately, with the information a trader can gather from any resources Carlos Vela Mexico Jersey , there are also a lot of misinformation along with hidden motivations that outweigh proper analysis of the concept of penny stocks.

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