Helios, Inc., is a new startup specializing in retrofitting existing commercial buildings with affordable solar energy panels. The company is growing quickly and needs to fill about 20 junior and senior staff positions over the next few months. Their main goals at this stage are to increase brand awareness and to maximize the return on the time they invest in recruiting candidates. They also want the hiring process to be cost-effective. Finally, they are looking to attract non-traditional candidates, not necessarily only those with business and science backgrounds. The founders, Brianna, Nick, and Vinh, meet with team managers to discuss the best strategy for locating outstanding new hires. Which option makes the most sense given their current goals and restrictions?
A)using LinkedIn to search for potential candidates and then contacting those people directly
B)attending the local university's career fair, which will yield a large pool of educated job-seekers
C)taking out ads on several online job boards like Indeed.com, Monster.com, and GlassDoor
D)having current employees network among their contacts and make qualified referrals
E)posting a job ad on the company's Facebook page to alert people to the various openings

Question

Quizplus · Accepted Answer

Option D, having current employees network among their contacts and make qualified referrals, is the most cost-effective approach and has the potential to attract non-traditional candidates. This approach also maximizes the return on the time spent on recruiting and increases brand awareness among employees' contacts. Additionally, referrals from current employees can lead to higher employee retention rates and a more cohesive workplace culture.