How to Implement an Employee Referral Program [INFOGRAPHIC]

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!

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

Jessica Miller-Merrell (@jmillermerrell) is a workplace change agent, author and consultant focused on human resources and talent acquisition living in Austin, TX. Recognized by Forbes as a top 50 social media influencer and is a global speaker. She’s the founder of Workology, a workplace HR resource and host of the Workology Podcast.

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