While change in any industry is inevitable (have you visited a video store lately?) in most cases change is driven by market or social forces. Just think how the process of digitization accelerated the growing trend of commoditization, driving down costs for luxury products for people all over the world. Even the staid banking industry is undergoing a technological transformation of its own led by mobile banking, digital payments and Big Data.
So why does the recruitment industry need to change? Well, paying higher fees for a full range of services (recruitment, screening, selection etc…) when you may only need some of these services is not only unnecessary but unfair. In many instances employers have competent managers and a fully staffed HR partner team that can complete most of the candidate onboarding thus speeding up the process, and reducing costs.
And why should an employer pay a high percentage of the total salary collected as a salary finder’s fee when a full range of services are not always needed? There’s a place for today’s recruitment model, but It’s high time the market innovated.
The Referral Network is challenging this today’s model by unbundling services and crowdsourcing candidate recruitment. The Referral Network difference means that you only pay for those services that you need. Simple.
Not only that, with the Referral Network, successfully placed candidates also donate a small of their time to local charities; providing a community service to the non-profit organizations that participate. It’s a win-win-win situation for everyone.
The Italian philosopher Niccolo Machiavelli once said that “Whosoever desires constant success must change his conduct with the times.” Become the change that you want to be, join the Referral Network.