We’re excited to launch ReferAlong, a new take on the job board. In this age of social media, your network is one of the most valuable tools for finding your next job or your next hire. Research has shown referrals are the top source for external hires. That’s why we launched ReferAlong.
Referrals were the largest source (24.5%) of external hires in 2012.
A referred candidate is estimated to be 3 to 4 times more likely to be hired.
Source: Career XRoads “Source of Hire: Perception Is Reality” report (2013)
Individuals already share jobs with their friends and contacts, who pass them along to their own professional networks. We’re driving this idea further by opening up bonuses (which are typically offered by companies only to their employees who recommend new hires) to professional and social media networks. Job seekers and job posters can apply or refer a job to someone in their network!
How does ReferAlong work?
Jobs posted on ReferAlong are shared across social networks, creating a multiplier effect across social networks that spreads the news about our jobs. Greater job listing visibility across networks leads to a greater likelihood of finding a higher number of qualified candidates.
How job sharing works on ReferAlong
The bonuses drive engagement by acting as an incentive to share jobs. Since the bonus is split across the referral chain and with the hired applicant, everyone involved shares in the success.
Job listings are free to post, and for a limited time, up to $1,000 free per hire!
We believe recruiters should pay for performance, so in our pay-per-hire model, all job listings are free. Bonuses and a success fee are only paid out when an offer is extended and someone who applied through ReferAlong is hired.
However, ReferAlong is still in beta so for a limited time, we’re waiving the success fee and covering up to $1,000 of the bonus companies would normally pay out when hiring from ReferAlong. That’s up to $1,000 free per hire until Nov. 30, 2013!
Join us in exploring the power of referrals within a new kind of job board. Refer jobs to your network to start finding jobs for your connections! Start your search now!
Get to know ReferAlong! Drop us a line if you have additional questions or feedback.