Interview Exchange launches employee referral portal

The Interview Exchange, an emerging leader in talent management solutions, today announced the launch of ReferredHireô - a comprehensive employee referral and networking portal. The new offering dramatically improves the referral process by tapping employeesí social networks as a source of high-quality job applicants, thereby expanding the pool of viable candidates.

ìTop companies already make 40-60% of their top hires through referrals, said Naray Viswanathan, PhD, President of the Interview Exchange. ìIn 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.î

Viswanathan added, ìFor many positions, this system has the capability to produce top candidates literally overnight using the knowledge, expertise and social networks of a companyís own employees. Social networking is also great way to motivate and retain top performers.î

Integrated Employee Referral System
ReferredHire enables employers to efficiently attract professionally qualified knowledge workers in todayís 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, ìBy 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. î

The new capability complements the Interview Exchangeís 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.