The document summarizes an employee referral program and a survey tool called Modern Survey. Some key points:
- Employee referrals are the top source for hiring and have the highest retention rates. Companies should actively encourage referrals through ongoing training, recognition, and incentives.
- Modern Survey measures engagement of new hires through automatic surveys after 7, 30, 90 days. It provides analytics on performance, engagement, retention, and allows companies to compare to industry benchmarks.
- Features include onboarding support, 360-degree feedback, goal setting and tracking, and exit surveys to identify retention trends. If used professionally, Modern Survey could help foster organizational development.
2. Introduction
• Referrals are the #1 source in hiring volume and new hire quality
• #1 Fastest Recruiting Method
• Highest in Retention
3. • There has been a 31% increase in employee referrals
• Increases employee engagement
• Every employee is a recruiter
4. Statistics
• 46% of all hires are referrals at top performing firms
• 43% of companies claim that their best candidates come from
employee referrals
• Hired at 1 out of 10 ratio at average firm compare to 1 out of 18 from
all other sources
• There has been a 31% increase in employee referrals
5. ACTIVELY ENCOURAGE REFERRALS
Ongoing Training is Provided
Give them updated lists of current
talent needed
Give them an example of a pitch
Ask them to think of talent they worked
with in all their past jobs
Recognition of employees
Thank you cards
Movie Tickets
Plaques
6. Modern Survey
• Clarifies the correlation between
employee performance and
company success
• Designed to measure engagement
levels of new hires to build a
culture of engagement
• Automatically generates surveys
after 7, 30, 90 days for new
employees
7. FEATURES IN MODERN SURVEY
• Talent Analytics
• Onboarding
• 360 Feedback
• Engagement
• Performance
• Retention
• Measurement
8. Heat—Talent Analytics
• Provides indicators of
organizational performance by
using data that provides statistics
of the employees, such as the
average age group
• Analyzes different trends of the
employees, such as the different
age groups using social media
platforms
• Provides surveys which indicate
why people leave, why people
stay, and etc.
9. mSpark—Onboarding
• Monitors the performance
and the effectiveness of new
hires to build a culture of
engagement and immediately
alerts employers if there is a
problem
• Helps ensure that new
employees have the proper
training, tools, and resources
to effectively complete their
job
10. m360—Feedback
• Managers develop self-
awareness by allowing
employees to convey their
perception and viewpoints
about their leaders
• Using leadership portals,
managers and employers can
receive direct reports that
determine their efficiency
• Assess leadership by creating
own competency model or by
choosing a standard model
11. mThrive—Engagement
• Measures the perspectives of
every employee by formulating
different surveys
• Enables teams or groups to set
different goals and track their
progress of accomplishing tasks
• Allows a means of comparing
different aspects of an
organization, such as managerial
relations, to others in a similar
industry
• Helps employees analyze their
levels of engagement to others
in US workforce
12. mPerform—Performance
• Provides a platform for goal
alignment and constant
feedback
• Allows employees and
employers to identify their goals
as either overall strengths or
opportunities
• Helps employees recognize their
behaviors and adjust them in a
way that will benefit the
company or an organization
13. mExit—Retention
• Renders insight into
workforce departures
• Gathers feedback from
departing employees
• Identify retention trends that
can be utilized to make better
decisions in the future
• Features can launch surveys
that can be adjusted for
personal email addresses
14. mResearch—Measurement
• Allows employers to create
questions, administer surveys,
and share the results
• Allows employers to learn if
employees believe that their
work fits into the
organization’s goals
• Permits an organization to
compare its employee
engagement with others in
the industry
15. Whitepapers
• Articles that provide the
latest research, trends, and
insights
• It helps employees to be
updated of the latest news
that are trending in the
industry
• Allows employees to post
different blogs on the site
16. Conclusion
Modern Survey would be a useful mechanism for employers and
employees to foster organizational development. If used professionally
and with integrity, Modern Survey would be a worthwhile attempt for
the prosperity of an organization.