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Recruit star performers with employee incentive programs

The right hire can infuse energy into a department to initiate a new level of productivity and innovation, but the wrong recruit can end up costing companies a significant amount of time and money.

The right hire can infuse energy into a department to initiate a new level of productivity and innovation, but the wrong recruit can end up costing companies a significant amount of time and money. This makes the recruiting process extremely important to the success of an organization.

Existing employees can be a valuable tool in the hiring process. They often know individuals who are hardworking and would fit into the corporate culture. The Plain Dealer reported that Cleveland area businesses have used employee referrals to great effect.

"Our most effective method is employee referrals," Wayne Homes, a Summit County custom home builder, told the source. "We often hire people who learned about the position from friends or family who currently work here."

To encourage staff members to participate in the recruiting process, businesses can use employee incentive programs. Providing a reward when a recommended individual is hired or completes training can motivate workers to develop professional relationships that can pay dividends for organizations down the road.

Chris Sargent, managing director of Akascia, told Inc. Magazine that it is important to cultivate relationships with vendors, customers and business partners to find potential recruits. Social media has given managers the ability to track candidates long before their organizations are ready to hire. These connections help show who the potential superstars are and how they would fit with existing employees.

Even after top candidates have been identified, businesses need to be able to attract new hires. Reward programs help firms build a supportive and positive environment that appeals to potential employees. By engaging existing workers, companies are able to improve job satisfaction and turn their offices into a fun place to work. This makes it easier to attract candidates and reduces the time it takes to find the right person for the job.

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