Building an Employee Referral Program from Scratch

The Impact of Employee Referral Programs

Aptitude Research conducted a study and found that over three in five organizations (62%) with employee referral programs have reduced the average time it takes to fill positions for referred candidates who are ultimately hired. Additionally, these businesses have seen a significant improvement in the first-year retention rate for referred employees compared to those who were not referred.

The research reveals the immense potential of employee referral programs in enhancing hiring outcomes, such as speed and quality, when implemented effectively.

The advantages of employee referral programs are evident. The key lies in creating an effective program that enables talent acquisition teams to engage suitable prospects for current and upcoming job openings, thereby maximizing the return on investment in the recruitment process.

Access the quick guide on Creating an Employe Referral Program from Scratch to get started today.

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