How to Leverage Employee Referrals for Quality Hires?
Referred candidates are 55% faster to hire than those from career sites, and they stay longer. Yet, most companies underutilize employee referral programs (ERPs), even as hiring cycles grow longer and talent budgets shrink. Employee referrals account for just 7% of applicants but 30–40% of hires. Most employers now say referrals bring the highest return