Employee referrals are the #1 source of quality candidates for the most successful organizations, resulting in faster hires, improved employee retention levels and higher profitability. While this might seem like common sense, employee referral programs are typically under-invested in when compared to other sourcing channels.
Employee referral programs typically outproduce any other source of hire, when looking at recruiting cycle times, costs, and new hire quality. No surprise, right? What should be surprising is that companies typically invest the smallest amount of resources into referral programs when compared to other recruiting programs, tools, technology, and databases. Listen to the average […]