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Jobvite's Flagship Social Referral Application Evolves to Reach and Attract More Qualified Job Candidates

Jobvite Refer Launches to Better Leverage Employees' Social Networks and Streamline the Referral Programs

BURLINGAME, CA -- (Marketwire) -- 02/07/13 -- Jobvite, the leading recruiting software platform for the social web, today announced the launch and immediate availability of Jobvite Refer, the candidate referral application that drives employee referrals, increases job applications and tracks inbound recommendations of high-quality candidates. Jobvite's industry-leading referral application puts powerful marketing tools in the hands of recruiters and empowers employees to share the right job openings with the right connections in their networks.

As competition for high-quality knowledge workers heats up across all industries, Jobvite Refer creates competitive advantage for employees whose business success depends on recruiting top talent. According to Jobvite research, employees hired through referrals are hired faster, stay longer and cost less to recruit. Employee referral candidates move through the hiring process 55% faster than those who come through career sites, taking only 29 days from application to hire -- compared to 45 days on career sites.

"Year after year, our research shows how social networks are becoming the primary avenue for talented professionals to find their next job," said Dan Finnigan, CEO at Jobvite. "By tapping in to employees' existing social networks, businesses of all sizes will be able to leverage the power of social media by efficiently engaging their employee base with a fast and easy to use product like Jobvite Refer."

By arming employees with an easy-to-use tool to share job openings with their network, employees are empowered to reach a wider array of passive candidates and extend their companies' employment brand. Jobvite Refer will also offer matching technology to help target jobs effectively, automated publishing to Facebook, Twitter and LinkedIn and analytics reporting that provides businesses with a quick view into referral program performance. Additionally, Jobvite Refer works hand-in-hand with all modern applicant tracking systems.

Availability:
Jobvite Refer is available now. For a product tour, please visit www.jobvite.com

About Jobvite
Jobvite is the leading recruiting platform for the social web. Today's fastest-growing companies use applicant tracking, recruiter CRM and social recruiting software solutions from Jobvite to target the right talent and build the best teams. Jobvite is a complete, modular Software-as-a-Service (SaaS) platform which can optimize the speed, cost-effectiveness and ease of recruiting for any company. For more information, visit www.jobvite.com.

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