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Abandoned Groceries
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Social networking, these days is being frequently used in the recruitment process. In such cases, e-referrals are inevitable. With WhistleTalk's online application, employers can sign-up, and within a few hours have their employees start sharing information about job openings in their teams to their friends on social networking sites.
Offered as a SaaS based application with zero maintenance costs, it is easy to deploy, and it is user friendly-to operate both for the employers and employees. One of the biggest benefits for the organization is the reduction in cost per hire, which the employers can spend as bonus to reward employees for bringing the right candidates on board.
A team of young minds led by CEO Vinoo Chacko, worked on an idea of helping enterprises to leverage the social network of their current employees and the end result is WhistleTalk's Enterprise Solution. Hyderabad Angels-a network of angel investors, that invest in technology, cloud and mobile solutions, funded this project.
Popular social recruiting surveys and recent HR trends indicate that social recruiting is a fast growing opportunity. It has an upward graph in candidate quality and quantity, accelerating employee referrals and ensuring all partners in the HR ecosystem stay happy. Employees win a referral bonus, hiring managers, find right talent faster, and enterprises realize cost savings. This is why the use of social media by recruiters to reach candidates is at an all-time high of 92%.
Chacko shares, "Employees acquired through referrals are hired quicker, stay longer and cost less to recruit. Referral candidates move through the hiring process 55% faster than those who come through job sites." Some remarkable trends in Indian social recruiting indicate that among those who are social hiring, over 50% see increase in job applicants. Employers whose business success depends on recruiting top talent are focusing on investing in employer branding, referral programs and new recruitment applications.
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WhistleTalk's new app for 'social recruiting'
BELMONT, CA--(Marketwired - Apr 24, 2013) - Actiance, helping organizations benefit from communications, collaboration and social networking, today announced a set of feature enhancements to its popular Socialite product to allow the social workforce to increase productivity. The enhancements deliver social engagement best practices to the regulated sector -- where more than 50,000 users are relying on Socialite to gain a competitive edge for sales, ROI and customer engagement.
"We have seen significantly increased demand from financial advisors, insurance agents and relationship managers who are using social to conduct more effective business while meeting regulatory requirements," said Sarah Carter, General Manager, Social Business, Actiance. "In listening to our user base and mapping industry trends, we've increased the competitive edge our customers require to unleash social business."
The result is a set of productivity enhancements augmenting the company's core focus of enabling effective usage of communications and its compliance across all devices and platforms. To date, Actiance has released the well-received Socialite Engage mobile app, a native iOS app that allows the social workforce to connect anywhere, anytime. The market-leader also delivered integration with Salesforce.com to help track and monetize social media conversations. Both of which allow users to increase engagement across social networks with compliance and governance.
According to a recent LinkedIn-FTI Consulting report, 7 in 10 financial advisors are already using social networks for business purposes. The report goes on to state that 'hundreds of millions of people around the world already use sites like LinkedIn, Facebook and Twitter, making social networking an increasingly vital element for building and interacting with communities of potential clients.' In the Worldwide Enterprise Social Software 2012-2016 Forecast Update, IDC analyst Vanessa Thompson reveals that, "social software is quickly becoming a critical decision support and worker productivity tool, with strong solution adoption recorded in 2011-2012 across all regions, particularly the Americas."
As the use of social networks for business increases, client, analyst, and industry feedback revealed a demand for increased access to, and control of, content and the ability to connect with individuals on social networks and to increase the effectiveness of time spent on social.
"Financial advisors and other users in regulated industries have a unique set of requirements when using social media for business. We listen to the requirements of our audience and are continually enhancing Socialite to meet their needs," says Ajesh Shah, Senior Product Manager. "This builds on our commitment to provide greater productivity and governance when using social networks for business."
To learn more about Socialite and the Socialite Engage mobile app, visit: http://www.actiance.com/products/socialite.aspx
About Socialite
Actiance Socialite is the leading social media engagement platform that allows organizations to maximize the value of social media by empowering employees to share pre-approved content, interact with clients and prospects, and analyze the impact of published content. From financial services to healthcare to energy and insurance, Socialite enables employees across various industries to use social to expand the corporate brand, acquire new customers, and deepen existing relationships.
The Socialite Engage mobile app is available as a free download from the App Store and requires a Socialite account provided to users by their organization.
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Actiance's Enterprise Social Media Platform Provides a Competitive Edge for Financial Advisors