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Turbo-charge your hiring using Referrals !

Turbo-Charge your Hiring with Referrals

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Wisestep helps you set up and manage all the sources of your referrals in one single place.

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Page 1: Turbo-Charge your Hiring with Referrals

Turbo-charge your hiring using Referrals !

Page 2: Turbo-Charge your Hiring with Referrals

$ 4,000+

For American Companies -- Source CFO News

£ 4,500 For British Companies --Source: CIPD Annual Report

Hiring is expensive

Page 3: Turbo-Charge your Hiring with Referrals

Cost of Hiring – Conventional Methods

Hiring Channels USA UK

Resume Database Access

$ 8000 / Year £ 6000 / Year

Recruiter Compensation Cost

$ 50,000 / Year £ 25,000 / Year

Agency Cost 15-20% of Compensation

15-20% of Compensation

Job Posts $299 / month £ 299 / month

Page 4: Turbo-Charge your Hiring with Referrals

Cost of Hiring Channels

Cost of Hiring

Low High

High

Low

Quality of Applicants

Recruitment Agency

Employee Referrals

Job Posts

Resume Database

Access

Direct Applications

Page 5: Turbo-Charge your Hiring with Referrals

Employee Referrals provide

• High Quality Candidates• Lower hiring cost

Unbeatable ROI

Page 6: Turbo-Charge your Hiring with Referrals

Wisestep helps you reduce hiring costand save time by managing

• Referrals from Employees• Referrals from Non Employees

All in one Place

Page 7: Turbo-Charge your Hiring with Referrals

Social Networks

21

Employees

4

Wisestep Community

3

Website Visitors

Non Employees

Page 8: Turbo-Charge your Hiring with Referrals

Wisestep Referral Hiring Platform

Your Jobs

CANDIDATES

Social Networks

21

Employees

4

Wisestep Community

3

Website Visitors

Referrals from Non EmployeesReferrals from

Employees

Page 9: Turbo-Charge your Hiring with Referrals

Leveraging Employees for ReferralsWith Wisestep

Page 10: Turbo-Charge your Hiring with Referrals

Wisestep Referral Hiring Platform

Your Jobs

CANDIDATES

Social Networks

21

Employees

4

Wisestep Community

3

Website Visitors

Referrals from Non EmployeesReferrals from

Employees

Page 11: Turbo-Charge your Hiring with Referrals

Employee Referral Stats

25% Hires through Referrals in Best in Class companies

50% Reduction in hiring cost as compared to hiring through an agency

<5% Percent of employees that participate in a poorly run employee referral program

Page 12: Turbo-Charge your Hiring with Referrals

•Sharing and Referring Jobs is tedious and challenging

•Managed on email and excel

•Tracking and Reporting of Referrals is infrequent and often not accurate

• Status Updates to Referrers is not regular or accurate

•Share Jobs on email, Social networks in Seconds . Even upload a CV.

•Employee Referral is embedded with your Careers section. Jobs are easy to find

•All Tracking of Referrals is automatically done

•Real time and Transparent reporting to Referrers

Traditional Employee Referral

Employee Referral Enabled by Wisestep

Benefits

1. Reduce Hiring cost by up to 50%2. Increase Number of Referrals and close more positions from Referrals 3. Reduce Employee Attrition

Page 13: Turbo-Charge your Hiring with Referrals

Leveraging Social Media for Referrals

With Wisestep

Page 14: Turbo-Charge your Hiring with Referrals

Wisestep Referral Hiring Platform

Your Jobs

CANDIDATES

Social Networks

21

Employees

4

Wisestep Community

3

Website Visitors

Referrals from Non EmployeesReferrals from

Employees

Page 15: Turbo-Charge your Hiring with Referrals

Job Seekers on Social Media

88% Jobseekers have at least 1 Social Media profile

130 Average number of Friends of a Facebook User

1 in 6 People credit Social Media with their current Job

Page 16: Turbo-Charge your Hiring with Referrals

Facebook

Twitter

Google+Wisestep

Linkedin Groups

Linkedin Profile

MORECANDIDATES

Benefits

1. Instant Sharing on Multiple Social Networks saves time

2. Reach up to 500,000 people on Social Media in seconds

3. Cost of Sharing on Social

Networks is $0

Jobs

Page 17: Turbo-Charge your Hiring with Referrals

Leveraging your website visitors for Referrals and ApplicationsWith Wisestep

Page 18: Turbo-Charge your Hiring with Referrals

Wisestep Referral Hiring Platform

Your Jobs

CANDIDATES

Social Networks

21

Employees

4

Wisestep Community

3

Website Visitors

Referrals from Non EmployeesReferrals from

Employees

Page 19: Turbo-Charge your Hiring with Referrals

Website Visitors : Source and Statistics

30% Visitors to websites are Job Seekers

25% Increase in Job Applications after integrating with Plugins like “Apply with Linkedin”

$0 Cost of getting Job Applications from your website

Page 20: Turbo-Charge your Hiring with Referrals

Your website address is advertised and published everywhere including

• Product and its Packaging• Sales Brochure, emails• Ads – TV, Media, Print, Internet• Ton of other places

Your sales and advertising budget already generates visitors to your website. Use this stream of website visitors to generate Referrals.

Page 21: Turbo-Charge your Hiring with Referrals

Email Signatures

Business Cards

Sales Collateral

Product Packaging

Search Engines

WebsiteAdvertising

Social Networks

Where are the Job seekers on your website going ?

Page 22: Turbo-Charge your Hiring with Referrals

Email Signatures

Business Cards

Sales Collateral

Product Packaging

Search Engines

WebsiteAdvertising

Social Networks

Careers Section

MORE CANDIDATES

Benefits

1. Add a Careers section to

your Website in 10 Minutes

2. Convert Website Visitors to Applicants and Referrers

3. Cost of Job Applications

from your Website is $0

Powered by

Wisestep

Page 23: Turbo-Charge your Hiring with Referrals

Leveraging the Wisestep Community for Referrals

Page 24: Turbo-Charge your Hiring with Referrals

Wisestep Referral Hiring Platform

Your Jobs

CANDIDATES

Social Networks

21

Employees

4

Wisestep Community

3

Website Visitors

Referrals from Non EmployeesReferrals from

Employees

Page 25: Turbo-Charge your Hiring with Referrals

Wisestep Community

5000+ Independent Recruiters and Professionals that Refer Candidates to Open Positions

50% Reduction in Hiring cost of a Referral as compared to an Agency Hire

$2 MN+ Total Referral Rewards on offer

Page 26: Turbo-Charge your Hiring with Referrals

Independent Recruiter

Community on Wisestep

Your Jobs

CANDIDATES

Recruiter 1

Recruiter 1000+

Pro.. 5000+Prof..

Benefits

1. Generate Leads and Referrals quickly by crowdsourcing from

5000+ Independent Recruiters

2. Pay when you Hire

3. Referral Rewards reduce

Hiring cost by up to 50%

Wisestep Referral Hiring

Platform

Page 27: Turbo-Charge your Hiring with Referrals

Putting all the Referral Channels together to

Reduce Cost Save time

Page 28: Turbo-Charge your Hiring with Referrals

Benefits

1. Reduce Hiring cost by up to 50%

2. Get Leads and Referrals Quickly

Benefits

1. Social Media Sharing costs $0

2. Reach up to 500,000 People in seconds

Benefits

1. Cost of Job Applications is $0

2. Get a Careers page in 10 Minutes

Benefits

1. Reduce Hiring cost by up to 50%

2. Increase Referrals and close more positions

Wisestep Referral Hiring Platform

Social Networks

21

Employees

4

Wisestep Community

3

Website Visitors

Page 29: Turbo-Charge your Hiring with Referrals

Give your Employee Referrals the Extra Edge and Reduce your Hiring cost by

Up to

30%

Page 30: Turbo-Charge your Hiring with Referrals

Call us for a free consultation to help you reduce cost and save time

Contact us on: [email protected] : +1 201 604 3490

UK : +44 207 096 0677India : +91 40 6514 1680