How to Implement an Employee Referral Program [INFOGRAPHIC]

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Recruiting

How to Implement an Employee Referral Program [INFOGRAPHIC]

Scroll down to read more!

Each Friday The Recruiter’s Lounge is going to bring you Infographic Fridays. We’ll be finding really interesting and different infographics to share. Hope you enjoy!

How to Implement an Employee Referral Program [INFOGRAPHIC]

Employee referrals are one of the most lucrative ways to hire employees. According to ERE, 46% of all hires at top performing firms are referrals. This inforgraphic dives further into the importance of referrals and why you should be investing in an employee referral program.

Top Takeaways:

Referrals are #1 in employee retention rate after 1 year at 46% vs. 33% careers sites.
Referrals are a better cultural fit fit because they are pre-vetted by people familiar with how you work
Cash rewards for referrals are the #1 incentive for getting employees to participate

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Jessica Miller-Merrell

Jessica Miller-Merrell is the founder of Workology, a digital resource that reaches more than a half million HR and workplace leaders each month and host of the Workology Podcast. Jessica lives in Austin, TX, with her husband, daughter, and an assortment of furry family members.