Employee referral programme is one of the most effective and trusted means of the recruitment process. Employees hired via employee referral have better recruitment rate which means that those who apply for any given position through employee referral have the higher chances that they are capable to make it fit into the organization. The advantage of trusting over this mean source of Hiring process lays with the fact that the candidate have a better retention , joining and working for longer duration rate, the cost of hiring reduces automatically. One of the add-on advantages is that such candidate adjusts with the organization culture more efficiency than as compare to they are more or less known with company's environment through the employee who has referred them. That is a kind of win-win situation for both the company and the referee employee.
The employee referral program is explained below with details on the recruitment and training process to be followed for referring an employee.
The employee referral program advantages make employee referral one of the important tools for entire recruitment process. Now let's see how it helps.
Hiring through employee referrals serves your recruitment efforts in so many intertwined ways. Referral hires save the company money, are more likely to accept an offer, become productive faster, and stick around longer – what else could you want from your employees?
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