What exactly is meant by an employee referral? When an organization is looking for a potential candidate, they resort to using an internal recruitment process where their employees introduce prospective recruits from people they may know. Employee referrals are becoming very common in businesses nowadays. Not only does research prove that employee referrals are a cheaper, faster, and more efficient way to hire, they generally reduce turnover rates. So why are employee referrals a great way to hire? Akhtaboot has the answers to your questions below:
First of all, it’s faster
Employees know exactly what the company is looking for; so referred candidates are already pre-screened.... Read More ...