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Innovative Combination of Applicant
Tracking and
Social Networking Transforms Employee Referral Programs
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PDF)
Westborough, MA (PRWEB) February 2, 2005 -- The Interview
Exchange, an emerging leader in talent management
solutions, today announced the launch of ReferredHire™
- a comprehensive employee referral and networking
portal. The new offering dramatically improves the
referral process by tapping employees’ social networks
as a source of high-quality job applicants, thereby
expanding the pool of viable candidates.
“Top companies already make 20-40% of their top hires
through referrals, said Naray Viswanathan, PhD, President
of the Interview Exchange. “In many companies, however,
referrals are still processed in an ad-hoc manner.
Our new turnkey solution automates this vital resource
with little disruption to HR operations.” Viswanathan
added, “For many positions, this system has the capability
to produce top candidates literally overnight using
the knowledge, expertise and social networks of a
company’s own employees. Social networking is also
great way to motivate and retain top performers.”
Integrated Employee Referral System
ReferredHire™ enables employers to efficiently attract
professionally qualified knowledge workers in today’s
increasingly complex and competitive hiring environment.
Its uniquely extensible technology platform seamlessly
integrates advanced applicant tracking, screening,
communication, EEOC reporting, hiring metrics and
job advertising tools with the existing corporate
website or HRIS infrastructure. This capability ensures
that companies can leverage their existing investments
to the fullest extent while reaching untapped candidate
pools for new positions.
Viswanathan said, “By automating information flows,
the Interview Exchange boosts the efficiency of HRIS
systems and reduces the costs of administering the
network. The system is so easy to use that employees
can add their contacts in a matter of minutes, allowing
companies to start matching referrals to jobs and
processing resumes immediately. ”
The new capability complements the Interview Exchange’s
integrated, end-to-end, online recruiting solution.
Employers can use the new solution as a standalone
HRIS module or easily integrate it with their existing
talent management infrastructure.
About the Interview Exchange
The Interview Exchange is an integrated suite of innovative,
web-based talent management solutions. The system
delivers measurable improvements in HR productivity
and workforce quality and enhances the application
experience for job seekers. By streamlining the process
of identifying and attracting qualified applicants,
the solutions save recruiters and hiring managers
significant time and effort, while advancing the company’s
ability to field a higher quality workforce faster
and more effectively.
These benefits are delivered through the following
solution modules:
- Sourcing: Recruiting from any online, print or
other talent pool including employee referrals.
- Screening: Identifying qualified applicants through
flexible, dynamic, patent-pending tools.
- Workflow: Labor-saving, Six Sigma-class tools
for managing the recruiting process
- Metrics: Intelligent reporting tools for making
knowledge-based recruiting decisions
- Career Site Hosting: Secure, affordable website
hosting that creates an applicant-friendly interface
and includes enterprise-class screening, management
and tracking capabilities.
Interview Exchange Contact:
Naray Viswanathan
508.836.3800
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Interview Exchange is a registered trademark of AdamsHand
Inc.The Interview Exchange contains USPTO patent-pending
technology.
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