Employee Referral Program Evaluation

The Employee Referral Program is an integral part of [Your Company Name]'s talent acquisition strategy. This evaluation is designed to assess the effectiveness of the program and identify areas for improvement.

Program Details
Metric	Performance	Target
Total Referrals Received	35	50
Referrals Hired	12	15
Time-to-Hire for Referrals	28 days	30 days
Referral Source Diversity	45%	50%
Referral Quality (1-5 Scale)	4.2	4.0

Analysis

1. Total Referrals Received

During the evaluation period, [Your Company Name] received 35 referrals, which is slightly below the target of 50. This may be due to seasonal variations, but it's essential to monitor trends over time.

2. Referrals Hired

12 referrals were successfully hired during this evaluation, which is slightly below the target of 15. Further analysis is needed to understand the reasons behind this shortfall.

3. Time-to-Hire for Referrals

The average time to hire a referred candidate was 28 days, which is within the target of 30 days. However, continuous efforts should be made to maintain this efficiency.

4. Referral Source Diversity

The referral source diversity stands at 45%, slightly below the target of 50%. [Your Company Name] is committed to enhancing diversity and inclusion in the program.

5. Referral Quality

Referrals received an average score of 4.2 on a scale of 1 to 5, indicating high-quality candidates. This exceeds the target score of 4.0.

Recommendations

1. Increase Referral Awareness: Launch a campaign to promote the referral program among employees to boost the number of referrals.

2. Refine Screening Process: Review the hiring process to identify any bottlenecks causing delays in hiring referred candidates.

3. Diversity Initiatives: Implement strategies to attract a more diverse pool of referrals.

Conclusion

In conclusion, the Employee Referral Program at [Your Company Name] is generally effective but has room for improvement in terms of the number of referrals and diversity. It has successfully attracted high-quality candidates, which is commendable.

Contact Information:

• [Your Company Name]

• [Your Company Email]

• [Your Company Address]

• [Your Company Number]

• [Your Company Website]

• [Your Company Social Media]

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