Business benefits
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Former employees are an increasingly valuable asset that can continue to make a sizable financial contribution to your business. Alumni Software will help your company foster meaningful relationships with your corporate alumni and fully realize the economic value they represent.
Increase revenue
- Identify and capitalize on business development opportunities and leads from alumni who have moved on to organizations with which your company would like to do business.
- Gain referral business from actively-engaged alumni who know your products and services and who can serve as evangelists for your company in the larger business community.
Lower recruiting costs
- Leverage your alumni's professional networks to find qualified talent, reducing the time to fill open positions.
- Rehire top-notch talent with known skills, already trained and familiar with your culture—with fast ramp to high productivity.
- Reduce turnover—employees who return to a company are more loyal and stay longer than new hires.
- Improve business continuity and gain new knowledge and access to broadened skills from returning employees.
- Enhance your competitive differentiation.
- Build a trusted network of "deep smarts" that can be tapped for specific projects.
- Access a pool of consultants or contingent staff with existing knowledge of your company and products.
- Increase efficiency by employing alumni with contextual domain knowledge as independent contractors and consultants.
- Expedite product development and shorten time-to-market through alumni input, feedback and connections.
- Speed employee outplacement and lower insurance costs.
- Reduce the time it takes departing employees to find a new position by providing streamlined access to positions at alumni-owned businesses and other select companies.
- Offer departing employees health insurance and benefit options outside your company's self-insurance programs, reducing the time they spend on COBRA and delivering substantial savings.
Distinguish your brand
- Provide lasting value to employees, past, present and future, through trusted access to their own online community, services and networking.
- Offer privileged resources to your alumni and employees such as enhanced health benefits, goods and services markets, preferred pricing and group discounts.
- Create a network of alumni brand ambassadors, building goodwill and spreading positive word-of-mouth.
- Extend your corporate social responsibility initiatives by engaging alumni to create awareness and provide powerful testimonials to your ongoing commitment to the larger world we live in.