Free Employee Referral Program Evaluation HR Template
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.
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Program Details |
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Metric |
Performance |
Target |
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Total Referrals Received |
35 |
50 |
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Referrals Hired |
12 |
15 |
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Time-to-Hire for Referrals |
28 days |
30 days |
|
Referral Source Diversity |
45% |
50% |
|
Referral Quality (1-5 Scale) |
4.2 |
4.0 |
Analysis
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Total Referrals Received
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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. |
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Referrals Hired
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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. |
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Time-to-Hire for Referrals
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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. |
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Referral Source Diversity
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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. |
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Referral Quality
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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
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Increase Referral Awareness: Launch a campaign to promote the referral program among employees to boost the number of referrals.
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Refine Screening Process: Review the hiring process to identify any bottlenecks causing delays in hiring referred candidates.
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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:
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[Your Company Name]
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[Your Company Email]
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[Your Company Address]
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[Your Company Number]
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[Your Company Website]
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[Your Company Social Media]
