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Check out our PDF of employee referral program reward ideas that are non-monetary.
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The Power of Employee-Powered Hiring
Our white paper about employee-powered hiring includes employee referral program examples, assessments, and benchmarks.
Drawing from diverse real-world examples, our white paper touches upon the immense potential of tapping into the existing employee network for recruitment, leading to cost-effective and faster hires, by providing employee referral program examples.
These comprehensive insights in our white paper are designed to empower your business to optimize your employee referral programs, encouraging a culture of collaborative talent sourcing and enhancing your overall recruitment efficacy.
Optimize recruitment through employee referrals
We share the power of employee-powered hiring and how it optimizes recruitment strategies.
Employee referral policy assessment
Compare your numbers against industry benchmarks. Assess your existing employee referral program policy.
Increasing diversity through employee referrals
Learn how companies have utilized employee referrals to increase and accelerate their diversity initiatives.
Employee referral program benchmarks
Assess employee referral program benchmarks through average time to hire by industry.
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Why Should Your Org Create An Employee Referral Program?
Reduced Time-to-Hire – Referral programs can expedite the recruitment process since the candidates come pre-vetted by existing employees.
Cost-Effective – Leveraging the networks of existing employees can be less expensive than relying solely on traditional recruitment methods (like job boards) or agencies.
Improved Retention Rates – Studies have shown that referred employees tend to stay with companies longer than non-referred hires. According to iCIMS, referrals stayed an average of 38 months; non-referrals stayed an average of 21 months.
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Infographic
Here are employee referral statistics for 2023 that you need to know. Download our free Infographic.
Check out our free infographic that shares employee referral statistics for 2023. We break these numbers down by industry and company types.
We also have a blog post where we share some high-level insights, summarizing the findings in the infographic. You can read the post here.
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Strategies, practices, and technologies for building a workforce in 2022 and beyond.
The survey, called “The Future of Talent Acquisition” ran...
Strategies, practices, and technologies for building a workforce in 2022 and beyond.
The survey, called “The Future of Talent Acquisition” ran in the first quarter of 2022. There were responses from 214 participants with 127 responding to every question. The participants represent a broad cross-section of employers by a number of employees, ranging from small businesses with under 100 employees to enterprises with 20,000 or more employees. Eighteen percent of respondents represent organizations with 1000 or more employees.