Thursday, 12 July 2007

The Times

We featured today in The Times job section which you can read here:

http://www.timesonline.co.uk/tol/life_and_style/career_and_jobs/graduate_management/article2058945.ece

We are getting an increasing amount of very positive press coverage but we wanted to take this opportunity to respond to the concerns expressed by Deloitte. As we get more opportunities to engage with the press and employers through more in depth coverage of TheCareerMole.com, we feel the outcome of all these discussions will ultimately be positive.

We anticipated and share Deloitte’s concerns in this article. As such, we already have controls in place to prevent Moles focusing all of their time on recruiting rather than their day jobs: Moles can only be contacted by one candidate at a time, limiting the time they can spend referring people. Moles are incentivised to refer only the best candidates with the greatest chance of success, positively affecting their ‘Mole Rating’.

Uniquely, Moles are reactive, only logging in when suitable candidates contact them, unlike other sites where the equivalent of Moles, are expected to invest time proactively searching and matching candidates to jobs.

Employers and recruitment agencies can register on MoleResourcing.com: take control of their Moles, post jobs, track referred candidates and deactivate Moles if they are not recruiting.

TheCareerMole.com and MoleResourcing.com provide a forum with the tools and controls employers, employees and candidates need to get the most out of employee referral schemes and make recruitment more efficient.

If your employer has similar concerns to Deloitte please ask them to contact us directly. If our existing controls and processes do not already address their concerns, we will improve the site so it does. We believe TheCareerMole.com and MoleResourcing.com makes the recruitment industry better for everyone and we'd welcome any conversation to explain how and why so please do get in touch with your concerns, feedback and comments.

Thanks


The Mole
http://www.thecareermole.com/
Meet. Refer. Progress.

Wednesday, 11 July 2007

"There's money in them their referrals!"

We’ve been putting together some figures on exactly how much corporate employee referral schemes pay for a successful referral and the results will be to your liking! From the responses we've had so far the average bonus paid depends on whether you refer a graduate / entry level or an experienced hire.

The averages we have so far are approximately:

- Graduate / Entry level referral bonus = £1,500
- Experienced hire referral bonus = £3,000

Of course these are averages so don't get too excited until you've confirmed the bonus you're eligible for in your company's employee referral policy.

These bonuses are paid to the employee (Mole) direct from their employer as part of their salary. While these are average figures the fact there is a financial reward at all reflects the high value employers place on employee referral.

So what are you waiting for? Join now and get involved!

Happy Moling!


The Mole
http://www.thecareermole.com/

Tuesday, 10 July 2007

Strength to strength

Hello everyone

We now have Moles who can help candidates make the right decisions about their next job in over 80 companies, across 20 different industries from Accounting and Architecture to Retail and Venture Capital. Each day new moles are joining TheCareerMole.com so keep checking back in to see who might have registered in your industry.

Good luck with your Moling

Regards

The Mole
www.TheCareerMole.com
Network. Refer. Progress.

Thursday, 28 June 2007

Today The Daily Telegraph's Job supplement lead with a story about Moles netting cash bonuses for referrals. This is great news for corporate employee referral schemes and our 'Moles' who are eligible to refer candidates to their corporate's recruitment process.

As well as putting the spotlight on TheCareerMole.com, Zubka.com was mentioned so we thought we'd highlight the difference between the two referral offerings.

TheCareerMole.com, together with MoleResourcing.com, are bolt-on platforms for corporates to use to unlock, and maximise the numbers they recruit through their in-house 'employee referral programme'. At the other end of the spectrum, Zubka's 'referrers' are essentially being paid a slice of the traditional recruitment agency fee for matching people they now to job postings on the site.

Company employees - our Moles - register on TheCareerMole.com and, acting as ambassadors for their employer, make themselves available to be contacted by our community of candidates and Moles. Until the Mole receives a notification that they have been contacted by a candidate considering applying to the Moles' company the Mole is free to go about their day job. Their involvement is passive up to this point. This is in stark contrast to the Zubka model whereby their 'referrers' - equivalent to our Mole members - are expected to proactively construct profiles on their friends and then actively match these profiles to the job postings essentially devoting a chunk of their time to being a part time recruitment consultant!

At this point our Mole logs in to the site, reviews the candidate's CV that is waiting for him and screens and assess the candidates suitability to the company he works for based on his first hand experience of the minimum requirements and what it takes to be successful. If the candidate meets or exceeds the requirements an ongoing screening process takes place as the candidate and mole get to know each other. If the candidates decides they do want to apply and work at the Moles' company; and the Mole feels they have a good chance of success, the Mole can then submit the candidate through his company's employee referral scheme. If the candidate is successfully complete the recruitment process they get their dream job, and the Mole is rewarded for his efforts with a bonus - paid directly to him by his employer, not TheCareerMole.com - we just help people who might never have met each other before - introduce themselves to Moles.

If the company you work for has an employee referral programme, then join TheCareerMole.com as a Mole and start earning referral rewards directly from your employer.

Everyday we are adding new Moles and partnering with Employers to maximise the number of candidates they recruit through their corporate employee referral schemes. If you'd like to take your corporate referral volumes to the next level, contact us.

Tuesday, 26 June 2007

Glasto blues

Welcome back to everyone who has survived the mud fest that is Glastonbury! Whether you've been at a festival, or working extremely hard or just need to sort your work / life balance out - what could be better than winning 2 luxurious nights at a Champneys Health Resort for two people including a body massage and facial!

Click here for details on how to enter now.

Good luck!

The Mole
www.TheCareerMole.com

Tuesday, 19 June 2007

FYI Series 003 - ‘Mole Networking’

TheCareerMole.com is more than just an employee referral network – it’s also a business networking community. Unlike the current trend for social networking, TheCareerMole.com is designed specifically to stay in touch with business contacts, helping you keep your professional life separate from your social life throughout your career.

‘My Mole Network’ makes it easy to invite your friends and colleagues to join your own ‘Mole Network’. Once your friends and colleagues join you’ll not only boost your chances of winning the luxury Champneys break; you will never again lose touch with people you’ve worked with at every stage of your career through TheCareerMole.com.

Size Matters – Benefits of expanding your ‘Mole Network’:

  • Never lose contact with valuable business contacts
  • Send and receive ‘invitations to refer’ & job specs to your Mole Network
  • Endorse each other increasing your chances of receiving ‘invites to refer’ from candidates and earning referral rewards!
  • Increase your chance of winning the Champneys luxury break!

Expand your network and find your friends on TheCareerMole.com already:

  1. Login to Mole Members Area
  2. Click the 'Expand Network' button in the middle of the screen
  3. Invite your friends and colleagues to join your network
  4. 'Mole Networking - Done'

When your friends register as a Mole they will be automatically added to your 'Mole Network' making it easier for you to stay in touch. You never know when you might need to call on someone in your network for a favour or advice so make sure you can always contact them - add them to your Mole Network now.

If you’re using ‘My Mole Network’ to increase your chances of winning the luxury Champneys break makes sure you ask them to enter your full name on the Referred by field on the registration form!

Regards


The Mole
TheCareerMole.com
Network. Refer. Progress.

Friday, 15 June 2007

My Mole Network - Professional Networking, but better!

Our Mole members can already invite their work colleagues past and present to join their very own 'Mole Network' making it easier than ever before to stay in touch with your colleagues throughout your career.

You can either invite friends using their individual email addresses or import your contacts from Gmail, Hotmail or Yahoo accounts.

We all know the benefits of professional networking but it's not the easiest thing to stay on top of. 'My Mole Network' makes it easier:

  1. Login as a Mole

  2. Click the 'Expand Network' button in the middle of the My Summary page

  3. Invite your friends and colleagues to join your network

When your friends register as a Mole they are automatically added to your Mole Network making it easier for you to stay in touch with colleagues and friends for support, advice or just for a chat.

You never know when you might need to call on someone in your network for a favour or advice so make sure you can always contact them - add them to your Mole Network now

Regards

The Mole
www.TheCareerMole.com
Network. Refer. Progress.