Employee recommendations as a game changer
The search for qualified personnel is an increasingly big challenge for companies today. While job portals and recruiters are important tools in recruiting new employees, many organizations overlook a crucial channel: Referrals from current employees. Yet these very recommendations can be a valuable key to identifying talented professionals.
Job portals
Low reach among active seekers without prior culture fit
Recruiter
Limited reach on headhunter network without personal first contact.
Recommendations
High network effect with prior culture fit and personal relationship
Facts about recruitment via employee referral
Of the applications received via recommendations has high to very high quality
The HR manager confirm significantly shorter recruitment process
The employees who were hired through recommendations are still with the company after two years.
Receive highly qualified applications in record time
This is how it works:
Employees can easily share job offers through their existing channels such as intranet, career platform, etc. without logging in.
With the help of a personal share link, the advertisement can be shared on different channels (e.g. mail, Whatsapp or the social networks). DSGVO compliant and with a unique tracking technology.
By setting freely selectable parameters for the distribution of points, the company gains maximum flexibility to increase employee motivation.
The company can offer employees various benefits from which they can choose. This gives employees the opportunity to consider their individual needs and wishes, which can increase their satisfaction and loyalty to the company.
Unique Employee Engagement Toolbox
Go Live in a matter of days, not months
According to our experience, companies can be up and running with their employee referral program in about 7 days.
Business
CHF799/mo
FOR SMALL & MEDIUM ENTERPRISES
20k qualified contacts
5 additional team members
3 languages supported
2'500 publications, mails & posts
10GB DAM memory/traffic
Loyalty capability, communities & login
custom roles & content inheritance
Support via Mail, Ticket & FAQ
Enterprise
CHF2’899/mo
FOR MEDIUM TO LARGER COMPANIES
50k qualified contacts
10 additional team members
unlimited languages supported
5'000 publications, mails & posts
25GB DAM memory/traffic
Loyalty capability, communities & login
custom roles & content inheritance
Support via Phone, Mail, Ticket & FAQ
Custom
CHF>10k/mo
FOR COMPANIES WITH THE HIGHEST DEMANDS
individually qualified contacts
individually additional team members
unlimited languages supported
individual number of publications, mails & posts
individual DAM storage/traffic
Loyalty capability, communities & login
custom roles & content inheritance
Priority support via phone, mail, ticket & FAQ
ECM as a Service
IAM as a Service
Custom Data Center
Markus Krienbühl
Head of Media & Communications, FCL
yawave is more than just a recommendation tool
Other selected features:
Automatically attract content
Whether job ads, news, products or content from the company blog. Content is available with no time investment.
Distribute content
Easily engage employees with relevant company content.
Employee survey
Create surveys in no time and learn more about employees. Of course CD/CI compliant.
Show appreciation
Events such as company anniversaries, birthdays or milestones achieved can be rewarded with points.
Free choice of benefits
There is a lot of latitude in terms of when and how many points are awarded and what benefits can be offered to employees.
Enable autopilot
Processes can be easily automated, such as scoring or notifications.
What is the advantage of recommendations in recruiting?
Employee referrals can fill vacancies faster and more cost-effectively because:
- Employee referrals increase the visibility of job postings by leveraging the reach of recommenders across all channels.
- The candidate segment is expanded as your employees reach out to ‘non-seekers’.
- You get better quality applications by naturally checking the cultural fit between recommender and candidate.
- A higher application rate results from the appreciation of the recommendation, which gives the candidate security because the recommender trusts him or her for the job.
- Significantly higher loyalty is demonstrable due to the bond with the recommender and the better fit.
- The company also appears innovative
- Costs for expensive intermediaries and misadjustments are saved.
Why do I need software for this?
Get away from lists, Excel and other laborious administrative tasks. Our easy-to-integrate software simplifies employee referral programs. Activities such as sharing a job ad are logged. Yawave ensures DSGVO compliance and makes sure nothing gets lost. In addition, the software offers important features such as flexible rewards for activities, provision of employee benefits, automation of reminders and notifications.
When the employee referral program is integrated, many additional opportunities arise.
Recognition and rewards for recommending interesting offers and content to family and friends or for giving feedback are just some of the possibilities.
Why should I use yawave?
With yawave you get a powerful and secure software. The unique sharing feature allows you to transparently track and reward the referral journey. Throughout the process, yawave offers companies great freedom in designing their program to fit their individual needs. Role distribution and automation also enable efficient work in large teams.
yawave also has the great advantage over many other providers that it can be completely integrated into the existing environment, whether on the career site or on the intranet. Also, no mandatory login is required before sharing.
Who is behind yawave?
yawave is a Swiss software company with offices in Lucerne. A team of over 40 employees works to support your success.
What are the costs of yawave?
Prices for an employee referral program start at CHF 799 per month (business subscription). This price includes the loyalty component. It should be noted that yawave offers much more than just recommendation functionality.