Summit14 T1.5: Referral Recruiting -Lithium Tech

41
Referral Recruiting – Make It A Blast! Donnie Small, TA Manager Ryan Buck, Recruiting Ops Lead Lithium Technologies

description

Summit14 - Jobvite Annual User Conference - Breakout Session Presentation. 4.30-5.1

Transcript of Summit14 T1.5: Referral Recruiting -Lithium Tech

Page 1: Summit14 T1.5: Referral Recruiting -Lithium Tech

Referral Recruiting – Make It A Blast!

Donnie Small, TA ManagerRyan Buck, Recruiting Ops LeadLithium Technologies

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Intro & WelcomeWho Are We and What Do We Do?

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Referral Recruiting: Make It A Blast!

1 Methods2 Measurement3 Q&A

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Methods for Gaining Referrals1) Visibility of Referral Program2) Onboarding Experience 3) Enable Jobvite Publisher4) Double Downs & Hot Jobs5) Jobvite Jam Sessions

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Methods – You Bring The Excitement!Visibility of Referral Program

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Methods – You Bring The Excitement!Onboarding Experience – Invite/Remind All to Refer

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Methods – You Bring The Excitement!Enable Jobvite Publisher – take the weight/wait off

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Methods – You Bring The Excitement!Double Downs and Hot Jobs - $10k and $20k

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Methods – You Bring The Excitement!Jobvite Jam Session

Monthly Themes – Music,

Food/Drinks Raffles/Giveaways Scripts Skill

Area/Department Focus

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Measuring Your Program’s Success

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Measuring Your Program’s Success1) EE Referral Program Effectiveness

2) CPH Premium

3) Potential Savings

5) Jobvite Activity by “Engaged Employee”

4) Jobvite Activity by Req

6) Retention of EE Referred Employees

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Measurement – Proof in the numbersProgram Effectiveness

 Total 

Candidates# of EE Referral Candidates

% of EE Referral Candidates

# of Hires 

Hires From EE Ref

% of hires from EE Referral

% of EE Referrals Accept Offer

% of Other Candidates Accept Offer

in 2011 4294 135 3.14% 70 30 42.86% 22.22% 0.96%

in 2012 8850 359 4.06% 143 49 34.27% 13.65% 1.11%

in 2013 11770 663 5.63% 144 72 50.00% 10.86% 0.65%

in 2014 (as of 4/17) 4267 235 5.51% 68 44 64.71% 18.72% 0.60%

Totals 29181 1392 4.77% 425 195 45.88% 14.01% 0.83%                 

2014 PACE 14556 802   232 150                       

2014 ENG & PROD Only                

(through 4/16) 1599 64 4.00% 29 21 72.41% 32.81% 0.52%

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Measurement – Proof in the numbersProgram Effectiveness

 Total 

Candidates# of EE Referral Candidates

% of EE Referral Candidates

# of Hires 

Hires From EE Ref

% of hires from EE Referral

% of EE Referrals Accept Offer

% of Other Candidates Accept Offer

in 2011 4294 135 3.14% 70 30 42.86% 22.22% 0.96%

in 2012 8850 359 4.06% 143 49 34.27% 13.65% 1.11%

in 2013 11770 663 5.63% 144 72 50.00% 10.86% 0.65%

in 2014 (as of 4/17) 4267 235 5.51% 68 44 64.71% 18.72% 0.60%

Totals 29181 1392 4.77% 425 195 45.88% 14.01% 0.83%                 

2014 PACE 14556 802   232 150                       

2014 ENG & PROD Only                

(through 4/16) 1599 64 4.00% 29 21 72.41% 32.81% 0.52%

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Measurement – Proof in the numbersProgram Effectiveness

 Total 

Candidates# of EE Referral Candidates

% of EE Referral Candidates

# of Hires 

Hires From EE Ref

% of hires from EE Referral

% of EE Referrals Accept Offer

% of Other Candidates Accept Offer

in 2011 4294 135 3.14% 70 30 42.86% 22.22% 0.96%

in 2012 8850 359 4.06% 143 49 34.27% 13.65% 1.11%

in 2013 11770 663 5.63% 144 72 50.00% 10.86% 0.65%

in 2014 (as of 4/17) 4267 235 5.51% 68 44 64.71% 18.72% 0.60%

Totals 29181 1392 4.77% 425 195 45.88% 14.01% 0.83%                 

2014 PACE 14556 802   232 150                       

2014 ENG & PROD Only                

(through 4/16) 1599 64 4.00% 29 21 72.41% 32.81% 0.52%

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Measurement – Proof in the numbersProgram Effectiveness

 Total 

Candidates# of EE Referral Candidates

% of EE Referral Candidates

# of Hires 

Hires From EE Ref

% of hires from EE Referral

% of EE Referrals Accept Offer

% of Other Candidates Accept Offer

in 2011 4294 135 3.14% 70 30 42.86% 22.22% 0.96%

in 2012 8850 359 4.06% 143 49 34.27% 13.65% 1.11%

in 2013 11770 663 5.63% 144 72 50.00% 10.86% 0.65%

in 2014 (as of 4/17) 4267 235 5.51% 68 44 64.71% 18.72% 0.60%

Totals 29181 1392 4.77% 425 195 45.88% 14.01% 0.83%                 

2014 PACE 14556 802   232 150                       

2014 ENG & PROD Only                

(through 4/16) 1599 64 4.00% 29 21 72.41% 32.81% 0.52%

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Measurement – Proof in the numbersProgram Effectiveness

 Total 

Candidates# of EE Referral Candidates

% of EE Referral Candidates

# of Hires 

Hires From EE Ref

% of hires from EE Referral

% of EE Referrals Accept Offer

% of Other Candidates Accept Offer

in 2011 4294 135 3.14% 70 30 42.86% 22.22% 0.96%

in 2012 8850 359 4.06% 143 49 34.27% 13.65% 1.11%

in 2013 11770 663 5.63% 144 72 50.00% 10.86% 0.65%

in 2014 (as of 4/17) 4267 235 5.51% 68 44 64.71% 18.72% 0.60%

Totals 29181 1392 4.77% 425 195 45.88% 14.01% 0.83%                 

2014 PACE 14556 802   232 150                       

2014 ENG & PROD Only                

(through 4/16) 1599 64 4.00% 29 21 72.41% 32.81% 0.52%

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Measurement – Proof in the numbersProgram Effectiveness

 Total 

Candidates# of EE Referral Candidates

% of EE Referral Candidates

# of Hires 

Hires From EE Ref

% of hires from EE Referral

% of EE Referrals Accept Offer

% of Other Candidates Accept Offer

in 2011 4294 135 3.14% 70 30 42.86% 22.22% 0.96%

in 2012 8850 359 4.06% 143 49 34.27% 13.65% 1.11%

in 2013 11770 663 5.63% 144 72 50.00% 10.86% 0.65%

in 2014 (as of 4/17) 4267 235 5.51% 68 44 64.71% 18.72% 0.60%

Totals 29181 1392 4.77% 425 195 45.88% 14.01% 0.83%                 

2014 PACE 14556 802   232 150                       

2014 ENG & PROD Only                

(through 4/16) 1599 64 4.00% 29 21 72.41% 32.81% 0.52%

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Measurement – Proof in the numbersProgram Effectiveness

 Total 

Candidates# of EE Referral Candidates

% of EE Referral Candidates

# of Hires 

Hires From EE Ref

% of hires from EE Referral

% of EE Referrals Accept Offer

% of Other Candidates Accept Offer

in 2011 4294 135 3.14% 70 30 42.86% 22.22% 0.96%

in 2012 8850 359 4.06% 143 49 34.27% 13.65% 1.11%

in 2013 11770 663 5.63% 144 72 50.00% 10.86% 0.65%

in 2014 (as of 4/17) 4267 235 5.51% 68 44 64.71% 18.72% 0.60%

Totals 29181 1392 4.77% 425 195 45.88% 14.01% 0.83%                 

2014 PACE 14556 802   232 150                       

2014 ENG & PROD Only                

(through 4/16) 1599 64 4.00% 29 21 72.41% 32.81% 0.52%

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Measurement – Proof in the numbersProgram Effectiveness

 Total 

Candidates# of EE Referral Candidates

% of EE Referral Candidates

# of Hires 

Hires From EE Ref

% of hires from EE Referral

% of EE Referrals Accept Offer

% of Other Candidates Accept Offer

in 2011 4294 135 3.14% 70 30 42.86% 22.22% 0.96%

in 2012 8850 359 4.06% 143 49 34.27% 13.65% 1.11%

in 2013 11770 663 5.63% 144 72 50.00% 10.86% 0.65%

in 2014 (as of 4/17) 4267 235 5.51% 68 44 64.71% 18.72% 0.60%

Totals 29181 1392 4.77% 425 195 45.88% 14.01% 0.83%                 

2014 PACE 14556 802   232 150                       

2014 ENG & PROD Only                

(through 4/16) 1599 64 4.00% 29 21 72.41% 32.81% 0.52%

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Measurement – Proof in the numbersProgram Effectiveness

 Total 

Candidates# of EE Referral Candidates

% of EE Referral Candidates

# of Hires 

Hires From EE Ref

% of hires from EE Referral

% of EE Referrals Accept Offer

% of Other Candidates Accept Offer

in 2011 4294 135 3.14% 70 30 42.86% 22.22% 0.96%

in 2012 8850 359 4.06% 143 49 34.27% 13.65% 1.11%

in 2013 11770 663 5.63% 144 72 50.00% 10.86% 0.65%

in 2014 (as of 4/17) 4267 235 5.51% 68 44 64.71% 18.72% 0.60%

Totals 29181 1392 4.77% 425 195 45.88% 14.01% 0.83%                 

2014 PACE 14556 802   232 150                       

2014 ENG & PROD Only                

(through 4/16) 1599 64 4.00% 29 21 72.41% 32.81% 0.52%

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Measurement – Proof in the numbersCPH Premium

 # of Hires 

Hires From EE Ref

Total EE Referral Bonus Cost

Premium per hire

Total Non-EE Referral Bonus

Premium per Non-EE Referral

Total Referral Cost

Premium per (all) hire Difference Savings

in 2011 70 30 $25,500.00 $850.00 $184,724.50 $4,618.11 $210,224.50 $3,003.21 $3,768.11 81.59%

in 2012 143 49 $65,000.00 $1,326.53 $340,779.30 $3,625.31 $405,779.30 $2,837.62 $2,298.78 63.41%

in 2013 144 72 $161,500.00 $2,243.06 $379,159.94 $5,266.11 $540,659.94 $3,754.58 $3,023.05 57.41%

in 2014 (as of 4/17) 68 44 $116,000.00 $2,636.36 $94,720.81 $3,946.70 $210,720.81 $3,098.84 $1,310.34 33.20%

Totals 425 195 $368,000.00 $1,887.18 $999,384.55 $4,345.15 $1,367,384.55 $3,217.38 $2,457.97 56.57%                     

2014 ENG & PROD Only                    

(through 4/16) 29 21 $74,000.00 $3,523.81 $33,000.00 $4,125.00 $107,000.00 $3,689.66 $601.19 14.57%

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Measurement – Proof in the numbersCPH Premium

 # of Hires 

Hires From EE Ref

Total EE Referral Bonus Cost

Premium per hire

Total Non-EE Referral Bonus

Premium per Non-EE Referral

Total Referral Cost

Premium per (all) hire Difference Savings

in 2011 70 30 $25,500.00 $850.00 $184,724.50 $4,618.11 $210,224.50 $3,003.21 $3,768.11 81.59%

in 2012 143 49 $65,000.00 $1,326.53 $340,779.30 $3,625.31 $405,779.30 $2,837.62 $2,298.78 63.41%

in 2013 144 72 $161,500.00 $2,243.06 $379,159.94 $5,266.11 $540,659.94 $3,754.58 $3,023.05 57.41%

in 2014 (as of 4/17) 68 44 $116,000.00 $2,636.36 $94,720.81 $3,946.70 $210,720.81 $3,098.84 $1,310.34 33.20%

Totals 425 195 $368,000.00 $1,887.18 $999,384.55 $4,345.15 $1,367,384.55 $3,217.38 $2,457.97 56.57%                     

2014 ENG & PROD Only                    

(through 4/16) 29 21 $74,000.00 $3,523.81 $33,000.00 $4,125.00 $107,000.00 $3,689.66 $601.19 14.57%

Page 23: Summit14 T1.5: Referral Recruiting -Lithium Tech

Measurement – Proof in the numbersCPH Premium

 # of Hires 

Hires From EE Ref

Total EE Referral Bonus Cost

Premium per hire

Total Non-EE Referral Bonus

Premium per Non-EE Referral

Total Referral Cost

Premium per (all) hire Difference Savings

in 2011 70 30 $25,500.00 $850.00 $184,724.50 $4,618.11 $210,224.50 $3,003.21 $3,768.11 81.59%

in 2012 143 49 $65,000.00 $1,326.53 $340,779.30 $3,625.31 $405,779.30 $2,837.62 $2,298.78 63.41%

in 2013 144 72 $161,500.00 $2,243.06 $379,159.94 $5,266.11 $540,659.94 $3,754.58 $3,023.05 57.41%

in 2014 (as of 4/17) 68 44 $116,000.00 $2,636.36 $94,720.81 $3,946.70 $210,720.81 $3,098.84 $1,310.34 33.20%

Totals 425 195 $368,000.00 $1,887.18 $999,384.55 $4,345.15 $1,367,384.55 $3,217.38 $2,457.97 56.57%                     

2014 ENG & PROD Only                    

(through 4/16) 29 21 $74,000.00 $3,523.81 $33,000.00 $4,125.00 $107,000.00 $3,689.66 $601.19 14.57%

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Measurement – Proof in the numbersCPH Premium

 # of Hires 

Hires From EE Ref

Total EE Referral Bonus Cost

Premium per hire

Total Non-EE Referral Bonus

Premium per Non-EE Referral

Total Referral Cost

Premium per (all) hire Difference Savings

in 2011 70 30 $25,500.00 $850.00 $184,724.50 $4,618.11 $210,224.50 $3,003.21 $3,768.11 81.59%

in 2012 143 49 $65,000.00 $1,326.53 $340,779.30 $3,625.31 $405,779.30 $2,837.62 $2,298.78 63.41%

in 2013 144 72 $161,500.00 $2,243.06 $379,159.94 $5,266.11 $540,659.94 $3,754.58 $3,023.05 57.41%

in 2014 (as of 4/17) 68 44 $116,000.00 $2,636.36 $94,720.81 $3,946.70 $210,720.81 $3,098.84 $1,310.34 33.20%

Totals 425 195 $368,000.00 $1,887.18 $999,384.55 $4,345.15 $1,367,384.55 $3,217.38 $2,457.97 56.57%                     

2014 ENG & PROD Only                    

(through 4/16) 29 21 $74,000.00 $3,523.81 $33,000.00 $4,125.00 $107,000.00 $3,689.66 $601.19 14.57%

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Measurement – Proof in the numbersCPH Premium

 # of Hires 

Hires From EE Ref

Total EE Referral Bonus Cost

Premium per hire

Total Non-EE Referral Bonus

Premium per Non-EE Referral

Total Referral Cost

Premium per (all) hire Difference Savings

in 2011 70 30 $25,500.00 $850.00 $184,724.50 $4,618.11 $210,224.50 $3,003.21 $3,768.11 81.59%

in 2012 143 49 $65,000.00 $1,326.53 $340,779.30 $3,625.31 $405,779.30 $2,837.62 $2,298.78 63.41%

in 2013 144 72 $161,500.00 $2,243.06 $379,159.94 $5,266.11 $540,659.94 $3,754.58 $3,023.05 57.41%

in 2014 (as of 4/17) 68 44 $116,000.00 $2,636.36 $94,720.81 $3,946.70 $210,720.81 $3,098.84 $1,310.34 33.20%

Totals 425 195 $368,000.00 $1,887.18 $999,384.55 $4,345.15 $1,367,384.55 $3,217.38 $2,457.97 56.57%                     

2014 ENG & PROD Only                    

(through 4/16) 29 21 $74,000.00 $3,523.81 $33,000.00 $4,125.00 $107,000.00 $3,689.66 $601.19 14.57%

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Measurement – Proof in the numbersCPH Premium

 # of Hires 

Hires From EE Ref

Total EE Referral Bonus Cost

Premium per hire

Total Non-EE Referral Bonus

Premium per Non-EE Referral

Total Referral Cost

Premium per (all) hire Difference Savings

in 2011 70 30 $25,500.00 $850.00 $184,724.50 $4,618.11 $210,224.50 $3,003.21 $3,768.11 81.59%

in 2012 143 49 $65,000.00 $1,326.53 $340,779.30 $3,625.31 $405,779.30 $2,837.62 $2,298.78 63.41%

in 2013 144 72 $161,500.00 $2,243.06 $379,159.94 $5,266.11 $540,659.94 $3,754.58 $3,023.05 57.41%

in 2014 (as of 4/17) 68 44 $116,000.00 $2,636.36 $94,720.81 $3,946.70 $210,720.81 $3,098.84 $1,310.34 33.20%

Totals 425 195 $368,000.00 $1,887.18 $999,384.55 $4,345.15 $1,367,384.55 $3,217.38 $2,457.97 56.57%                     

2014 ENG & PROD Only                    

(through 4/16) 29 21 $74,000.00 $3,523.81 $33,000.00 $4,125.00 $107,000.00 $3,689.66 $601.19 14.57%

Page 27: Summit14 T1.5: Referral Recruiting -Lithium Tech

Measurement – Proof in the numbersCPH Premium

 # of Hires 

Hires From EE Ref

Total EE Referral Bonus Cost

Premium per hire

Total Non-EE Referral Bonus

Premium per Non-EE Referral

Total Referral Cost

Premium per (all) hire Difference Savings

in 2011 70 30 $25,500.00 $850.00 $184,724.50 $4,618.11 $210,224.50 $3,003.21 $3,768.11 81.59%

in 2012 143 49 $65,000.00 $1,326.53 $340,779.30 $3,625.31 $405,779.30 $2,837.62 $2,298.78 63.41%

in 2013 144 72 $161,500.00 $2,243.06 $379,159.94 $5,266.11 $540,659.94 $3,754.58 $3,023.05 57.41%

in 2014 (as of 4/17) 68 44 $116,000.00 $2,636.36 $94,720.81 $3,946.70 $210,720.81 $3,098.84 $1,310.34 33.20%

Totals 425 195 $368,000.00 $1,887.18 $999,384.55 $4,345.15 $1,367,384.55 $3,217.38 $2,457.97 56.57%                     

2014 ENG & PROD Only                    

(through 4/16) 29 21 $74,000.00 $3,523.81 $33,000.00 $4,125.00 $107,000.00 $3,689.66 $601.19 14.57%

Page 28: Summit14 T1.5: Referral Recruiting -Lithium Tech

Measurement – Proof in the numbersCPH Premium

 # of Hires 

Hires From EE Ref

Total EE Referral Bonus Cost

Premium per hire

Total Non-EE Referral Bonus

Premium per Non-EE Referral

Total Referral Cost

Premium per (all) hire Difference Savings

in 2011 70 30 $25,500.00 $850.00 $184,724.50 $4,618.11 $210,224.50 $3,003.21 $3,768.11 81.59%

in 2012 143 49 $65,000.00 $1,326.53 $340,779.30 $3,625.31 $405,779.30 $2,837.62 $2,298.78 63.41%

in 2013 144 72 $161,500.00 $2,243.06 $379,159.94 $5,266.11 $540,659.94 $3,754.58 $3,023.05 57.41%

in 2014 (as of 4/17) 68 44 $116,000.00 $2,636.36 $94,720.81 $3,946.70 $210,720.81 $3,098.84 $1,310.34 33.20%

Totals 425 195 $368,000.00 $1,887.18 $999,384.55 $4,345.15 $1,367,384.55 $3,217.38 $2,457.97 56.57%                     

2014 ENG & PROD Only                    

(through 4/16) 29 21 $74,000.00 $3,523.81 $33,000.00 $4,125.00 $107,000.00 $3,689.66 $601.19 14.57%

Page 29: Summit14 T1.5: Referral Recruiting -Lithium Tech

Measurement – Proof in the numbersCPH Premium

 # of Hires 

Hires From EE Ref

Total EE Referral Bonus Cost

Premium per hire

Total Non-EE Referral Bonus

Premium per Non-EE Referral

Total Referral Cost

Premium per (all) hire Difference Savings

in 2011 70 30 $25,500.00 $850.00 $184,724.50 $4,618.11 $210,224.50 $3,003.21 $3,768.11 81.59%

in 2012 143 49 $65,000.00 $1,326.53 $340,779.30 $3,625.31 $405,779.30 $2,837.62 $2,298.78 63.41%

in 2013 144 72 $161,500.00 $2,243.06 $379,159.94 $5,266.11 $540,659.94 $3,754.58 $3,023.05 57.41%

in 2014 (as of 4/17) 68 44 $116,000.00 $2,636.36 $94,720.81 $3,946.70 $210,720.81 $3,098.84 $1,310.34 33.20%

Totals 425 195 $368,000.00 $1,887.18 $999,384.55 $4,345.15 $1,367,384.55 $3,217.38 $2,457.97 56.57%                     

2014 ENG & PROD Only                    

(through 4/16) 29 21 $74,000.00 $3,523.81 $33,000.00 $4,125.00 $107,000.00 $3,689.66 $601.19 14.57%

Page 30: Summit14 T1.5: Referral Recruiting -Lithium Tech

Measurement – Proof in the numbersPotential Savings

  # of Hires Hires From EE Ref

Total EE Referral Bonus Cost

Premium per hire

Total Non-EE Referral Bonus

Premium per Non-EE Referral

Total Referral Cost

Premium per (all) hire Difference Savings

in 2014 (as of 4/17) 68 44 $116,000.00 $2,636.36 $94,720.81 $3,946.70 $210,720.81 $3,098.84 $1,310.34 33.20%

2014 PACE 232 150 $395,700.93 $2,636.36 $323,113.04 $3,946.70 $718,813.98 $3,098.84 SAVINGS  

  232 120 $316,363.64 $2,636.36 $442,030.45 $3,946.70 $758,394.08 $3,268.94 $39,580.10  

  232 90 $237,272.73 $2,636.36 $560,431.46 $3,946.70 $797,704.19 $3,438.38 $78,890.21  

  232 60 $158,181.82 $2,636.36 $678,832.47 $3,946.70 $837,014.29 $3,607.82 $118,200.31  

  232 30 $79,090.91 $2,636.36 $797,233.48 $3,946.70 $876,324.39 $3,777.26 $157,510.42  

  232 0 $0.00 $2,636.36 $915,634.50 $3,946.70 $915,634.50 $3,946.70 $196,820.52  

Page 31: Summit14 T1.5: Referral Recruiting -Lithium Tech

Measurement – Proof in the numbersPotential Savings

  # of Hires Hires From EE Ref

Total EE Referral Bonus Cost

Premium per hire

Total Non-EE Referral Bonus

Premium per Non-EE Referral

Total Referral Cost

Premium per (all) hire Difference Savings

in 2014 (as of 4/17) 68 44 $116,000.00 $2,636.36 $94,720.81 $3,946.70 $210,720.81 $3,098.84 $1,310.34 33.20%

2014 PACE 232 150 $395,700.93 $2,636.36 $323,113.04 $3,946.70 $718,813.98 $3,098.84 SAVINGS  

  232 120 $316,363.64 $2,636.36 $442,030.45 $3,946.70 $758,394.08 $3,268.94 $39,580.10  

  232 90 $237,272.73 $2,636.36 $560,431.46 $3,946.70 $797,704.19 $3,438.38 $78,890.21  

  232 60 $158,181.82 $2,636.36 $678,832.47 $3,946.70 $837,014.29 $3,607.82 $118,200.31  

  232 30 $79,090.91 $2,636.36 $797,233.48 $3,946.70 $876,324.39 $3,777.26 $157,510.42  

  232 0 $0.00 $2,636.36 $915,634.50 $3,946.70 $915,634.50 $3,946.70 $196,820.52  

Page 32: Summit14 T1.5: Referral Recruiting -Lithium Tech

Measurement – Proof in the numbersPotential Savings

  # of Hires Hires From EE Ref

Total EE Referral Bonus Cost

Premium per hire

Total Non-EE Referral Bonus

Premium per Non-EE Referral

Total Referral Cost

Premium per (all) hire Difference Savings

in 2014 (as of 4/17) 68 44 $116,000.00 $2,636.36 $94,720.81 $3,946.70 $210,720.81 $3,098.84 $1,310.34 33.20%

2014 PACE 232 150 $395,700.93 $2,636.36 $323,113.04 $3,946.70 $718,813.98 $3,098.84 SAVINGS  

  232 120 $316,363.64 $2,636.36 $442,030.45 $3,946.70 $758,394.08 $3,268.94 $39,580.10  

  232 90 $237,272.73 $2,636.36 $560,431.46 $3,946.70 $797,704.19 $3,438.38 $78,890.21  

  232 60 $158,181.82 $2,636.36 $678,832.47 $3,946.70 $837,014.29 $3,607.82 $118,200.31  

  232 30 $79,090.91 $2,636.36 $797,233.48 $3,946.70 $876,324.39 $3,777.26 $157,510.42  

  232 0 $0.00 $2,636.36 $915,634.50 $3,946.70 $915,634.50 $3,946.70 $196,820.52  

Page 33: Summit14 T1.5: Referral Recruiting -Lithium Tech

Measurement – Proof in the numbersPotential Savings

  # of Hires Hires From EE Ref

Total EE Referral Bonus Cost

Premium per hire

Total Non-EE Referral Bonus

Premium per Non-EE Referral

Total Referral Cost

Premium per (all) hire Difference Savings

in 2014 (as of 4/17) 68 44 $116,000.00 $2,636.36 $94,720.81 $3,946.70 $210,720.81 $3,098.84 $1,310.34 33.20%

2014 PACE 232 150 $395,700.93 $2,636.36 $323,113.04 $3,946.70 $718,813.98 $3,098.84 SAVINGS  

  232 120 $316,363.64 $2,636.36 $442,030.45 $3,946.70 $758,394.08 $3,268.94 $39,580.10  

  232 90 $237,272.73 $2,636.36 $560,431.46 $3,946.70 $797,704.19 $3,438.38 $78,890.21  

  232 60 $158,181.82 $2,636.36 $678,832.47 $3,946.70 $837,014.29 $3,607.82 $118,200.31  

  232 30 $79,090.91 $2,636.36 $797,233.48 $3,946.70 $876,324.39 $3,777.26 $157,510.42  

  232 0 $0.00 $2,636.36 $915,634.50 $3,946.70 $915,634.50 $3,946.70 $196,820.52  

Page 34: Summit14 T1.5: Referral Recruiting -Lithium Tech

Measurement – Proof in the numbersPotential Savings

  # of Hires Hires From EE Ref

Total EE Referral Bonus Cost

Premium per hire

Total Non-EE Referral Bonus

Premium per Non-EE Referral

Total Referral Cost

Premium per (all) hire Difference Savings

in 2014 (as of 4/17) 68 44 $116,000.00 $2,636.36 $94,720.81 $3,946.70 $210,720.81 $3,098.84 $1,310.34 33.20%

2014 PACE 232 150 $395,700.93 $2,636.36 $323,113.04 $3,946.70 $718,813.98 $3,098.84 SAVINGS  

  232 120 $316,363.64 $2,636.36 $442,030.45 $3,946.70 $758,394.08 $3,268.94 $39,580.10  

  232 90 $237,272.73 $2,636.36 $560,431.46 $3,946.70 $797,704.19 $3,438.38 $78,890.21  

  232 60 $158,181.82 $2,636.36 $678,832.47 $3,946.70 $837,014.29 $3,607.82 $118,200.31  

  232 30 $79,090.91 $2,636.36 $797,233.48 $3,946.70 $876,324.39 $3,777.26 $157,510.42  

  232 0 $0.00 $2,636.36 $915,634.50 $3,946.70 $915,634.50 $3,946.70 $196,820.52  

Page 35: Summit14 T1.5: Referral Recruiting -Lithium Tech

Measurement – Proof in the numbersPotential Savings

  # of Hires Hires From EE Ref

Total EE Referral Bonus Cost

Premium per hire

Total Non-EE Referral Bonus

Premium per Non-EE Referral

Total Referral Cost

Premium per (all) hire Difference Savings

in 2014 (as of 4/17) 68 44 $116,000.00 $2,636.36 $94,720.81 $3,946.70 $210,720.81 $3,098.84 $1,310.34 33.20%

2014 PACE 232 150 $395,700.93 $2,636.36 $323,113.04 $3,946.70 $718,813.98 $3,098.84 SAVINGS  

  232 120 $316,363.64 $2,636.36 $442,030.45 $3,946.70 $758,394.08 $3,268.94 $39,580.10  

  232 90 $237,272.73 $2,636.36 $560,431.46 $3,946.70 $797,704.19 $3,438.38 $78,890.21  

  232 60 $158,181.82 $2,636.36 $678,832.47 $3,946.70 $837,014.29 $3,607.82 $118,200.31  

  232 30 $79,090.91 $2,636.36 $797,233.48 $3,946.70 $876,324.39 $3,777.26 $157,510.42  

  232 0 $0.00 $2,636.36 $915,634.50 $3,946.70 $915,634.50 $3,946.70 $196,820.52  

Page 36: Summit14 T1.5: Referral Recruiting -Lithium Tech

Measurement – Proof in the numbersPotential Savings

  # of Hires Hires From EE Ref

Total EE Referral Bonus Cost

Premium per hire

Total Non-EE Referral Bonus

Premium per Non-EE Referral

Total Referral Cost

Premium per (all) hire Difference Savings

in 2014 (as of 4/17) 68 44 $116,000.00 $2,636.36 $94,720.81 $3,946.70 $210,720.81 $3,098.84 $1,310.34 33.20%

2014 PACE 232 150 $395,700.93 $2,636.36 $323,113.04 $3,946.70 $718,813.98 $3,098.84 SAVINGS  

  232 120 $316,363.64 $2,636.36 $442,030.45 $3,946.70 $758,394.08 $3,268.94 $39,580.10  

  232 90 $237,272.73 $2,636.36 $560,431.46 $3,946.70 $797,704.19 $3,438.38 $78,890.21  

  232 60 $158,181.82 $2,636.36 $678,832.47 $3,946.70 $837,014.29 $3,607.82 $118,200.31  

  232 30 $79,090.91 $2,636.36 $797,233.48 $3,946.70 $876,324.39 $3,777.26 $157,510.42  

  232 0 $0.00 $2,636.36 $915,634.50 $3,946.70 $915,634.50 $3,946.70 $196,820.52  

Page 37: Summit14 T1.5: Referral Recruiting -Lithium Tech

Measurement – Proof in the numbersJobvite Activity By Req

 

Jobvites Sent

Jobvites Sent by non-employees

Jobvites Viewed

Jobvites Forwarded

Jobvites through Facebook

notifications

Facebook status updates/post to wall

Jobvites sent through LinkedIn

Jobvites sent through LinkedIn

Broadcast

Jobvites sent through Twitter direct messages

Broadcast Tweets

Total (Last 45 days) 1479 37 1033 18 4 98 27 837 3 384Average Per Day (Last 45) 32.87 0.82 22.96 0.40 0.09 2.18 0.60 18.60 0.07 8.53

Page 38: Summit14 T1.5: Referral Recruiting -Lithium Tech

Measurement – Proof in the numbers“Engaged Employee” Activity

Name Jobvites Sent

Jobvites Viewed

Jobvites Forwarded by employees' contacts

Publisher Enabled

Facebook status updates/posts to wall

Jobvites sent through LinkedIn

Jobvites sent through LinkedIn Broadcast

Jobvites sent through Twitter direct messages

Broadcast Tweets

Employee 1 449 325 4 Yes 0 1 223 2 222Employee 2 111 110 1 Yes 0 1 55 0 55Employee 3 103 89 3 Yes 0 3 57 0 39Employee 4 21 20 0 Yes 0 2 2 0 17Employee 5 32 12 0 Yes 16 0 0 0 16Employee 6 141 18 0 Yes 0 0 140 0 1Employee 7 72 70 0 Yes 0 0 70 0 0Employee 8 46 45 1 Yes 1 1 44 0 0Employee 9 84 42 0 Yes 42 0 42 0 0Employee 10 42 42 1 Yes 0 0 41 0 0

Totals 1101 773 10   59 8 674 2 350Avg Day (/100) 11.01 7.73 0.1   0.59 0.08 6.74 0.02 3.5

Page 39: Summit14 T1.5: Referral Recruiting -Lithium Tech

Measuring Your Program’s Success

1) EE Referral Program Effectiveness – 65% of 2014 hires are EE referrals, 1/5 EE referrals accepts an offer

2) CPH Premium – Spend over 56% less on EE referrals vs. outside candidates

3) Potential Savings – On pace to save $200,000 in 2014 due to our EE Referral program

Page 40: Summit14 T1.5: Referral Recruiting -Lithium Tech

Questions?

Page 41: Summit14 T1.5: Referral Recruiting -Lithium Tech

Donnie Small, TA Manager ([email protected])Ryan Buck, Recruiting Ops Lead ([email protected])

THANK YOU!