The Role of Employee Referrals in the Hiring Process
Current employees can recommend candidates so you can hire the right people without having to hunt for them on job boards or advertisements.
Encourages employees to make good referrals
Companies can now move towards other rewards and experience to encourage employees
Fast tracks the hiring process
Referred candidates are quicker to hire than those you find on job boards.
It’s cheaper
Employee referral program helps you cut down on hiring costs as you don’t have to pay for job boards, recruiting fees and agency commissions.
Employees stick around for longer
Studies have found that employees found through referral programs are likely to stick around for longer than those hired using traditional channels
It gets your employees more involved
Encouraging them to look into their own networks to source good employees can instill a sense of pride and belonging