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It seems employee referrals are not working these days

I arranged employee referrals from Microsoft , Visa , Arcesium , Walmart but no response came not even rejection its almost 1 month. Is there any other trend prevailing in market? Or more precisely Am I approaching in the wrong way?

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Based1776

Remote

8 months ago

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JediKnight

Google

8 months ago

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FunnyBones

Plivo

8 months ago

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MagicalSymphony

Microsoft

8 months ago

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billu_badshah

Alteryx

8 months ago

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3xPlusOne

Google

8 months ago

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MonkWhoBoughtFerrari

Morgan Stanley

8 months ago

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FreshlyBrewed

Good company

8 months ago

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Prodgtm

Hidden

8 months ago

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Koala

Sharechat

8 months ago

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Tshirt

Student

8 months ago

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StonyStark

Stealth

8 months ago

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Souleater

ANGEL ONE LIMITED

8 months ago

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StonyStark

Stealth

8 months ago

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NextFondue72

Amazon

8 months ago

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startup

Fintech Startup

8 months ago

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ninjafigma

Microsoft

8 months ago

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Data1

Tesco

8 months ago

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Arkham

Gartner

8 months ago

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ctilak

JP Morgan

8 months ago

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AbleEagle

Deloitte

8 months ago

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OleEmp

PWC

8 months ago

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Pyaracetamol

Zomato

8 months ago

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Aragorn_urf_Maverick

Accenture

8 months ago

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Indian IT on

by PlumpBrush

Advanced Micro Devices

What Using/misusing employee referral policy has taught me.

So.. Around 2 years back I got my first payout of 50k as a referral bonus for a friend I referred to my company. Around same time.. My team had a few positions.. So i put it on linkedin and got a decent response.. Got another referral.. Next year.. I decided to scale it.. I started putting multiple posts on linkedin for positions across my company and started streaming the responses on google sheet. Having a big linkedin network of 20k helped. This year I scaled it to 4L a year... But then it all stopped after one fine day there was a HR circular to not undertake commercial level sourcing of profiles on linkedin.. And only refer ppl I know. It's a different matter that I could manage to source almost 20-40x more relevant profiles as compared to my HRs even with their third party agencies. More than half of my team members are my referrals :). While scaling this hustle.. This is what I learnt. 1) You will get lots of spam.. I feel sry for some candidates .. But sometime even civil grads will apply for semiconductor jobs. 2) Better to invite applications using a google form with proper filters.. Only serious ppl will apply. 3) Do not refer everyone.. Reduce your effort and only refer candidates who have a chance. 4) Engage with candidates, followup after interviews. 5) Do not trust your employer will automatically honor referral payouts if you don't track.. I literally lost more than 2L coz of inefficient referral tracking system. 6) Control your greed.. Even if you scale up.. Limit yourself to a decent no.. Say 2L a year.. Referral policy is for company's benifit.. They will shut you down one way or another if they find you are gaining. 7) Handling it at scale is a lot of work.