Why Employee Referral Programs Need Data

You already use data in a number of ways and places throughout the company, but just one thing is missing. Employee referrals are no different than your traditional recruiting methods, but instead of recruiters you have eager employees, and instead of job descriptions you have relationships. So although it might make it a bit easier to find the best talent for the role, it’s often difficult for recruiters to measure because it’s much harder to control a referral program. But, I assure you, employee referral programs cannot only be measured by data, they need data so your team (recruiters and otherwise) can make the best referral decisions.

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Employee Referral Program

10 Employee Referral Program Fast Facts with Bonus Tips

This article about the employee referral program was originally published on Febuary 20th, 2015, and has since been updated as of December 13th, 2016 to provid up-to-date referral program statistics and information.

It can be tough to design an amazing employee referral program. From the size of your referral bonus to the hurdles your employees must overcome to refer their friends and family to your organization…there is a lot to consider. That's why we built this list of fast facts around employee referral programs to help you get started. Need even more information on how to kick off your employee referral program? Take a look at a few related articles:

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Employee Referrals, Employee Referral Program

Now That’s What an Employee Referral Program Should Look Like!

Year after year, employee referrals top the charts as the highest external source of hire. A Jobvite study of over 50 companies, some of which have over 200,000 employees, revealed that about 40% of all hires come from referrals. That’s a pretty astounding statistic, but what’s more impactful is that only 7% of total applications received come from referrals. Hopefully you see what we see –a whole lot of potential. 

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Employee Referrals, Employee Referral Program

Employee Referral Program Tips: Aligning Your Team For Success

You might be closer to your next great hire than you think. Recent studies have shown the employee referral is the No. 1 source of external hires.

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Job Descriptions, Goal Alignment, Talent Alignment, Goals, Employee Referrals, Corporate Communication, Employee Retention, Employee Referral Program

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