Employee Referrals Are the Best Source of Hire by Far

Posted September 10th, 2012 by Nikolaus and filed in LinkedIn

[botab name='Article']

Today, employee referrals are the most useful way of finding the best candidates for the job. Here is how valuable a referral truly is, courtesy of Jobvite.

Takeaways: The average employee will have 150 contacts on social media networks – 100 employees means around 15,000 contacts (and possible candidates). Employee referrals have the highest applicant to hire conversion rate – only 7% apply but this accounts for 40% of all hires.

Applicants hired from a referral begin their position quicker than applicants found via job boards and career sites (after 29 days compared with 39 days via job boards and 55 via career sites). Referral hires have greater job satisfaction and stay longer at companies – 46% stay over 1 year, 45% over 2 years and 47% over 3 years.

Sales persons are the most hired position from employee referrals. 67% of employers and recruiters said the recruiting process was shorter, and 51% said it was less to expensive to recruit via referrals.


[botab name='Info-Graphic']



[botab name='Video']


12 Responses to “Employee Referrals Are the Best Source of Hire by Far”

  1. publicidade says:

    I get pleasure from, lead to I found just what I used to be having a look for. You’ve ended my 4 day long hunt! God Bless you man. Have a great day. Bye

  2. design says:

    Magnificent web site. Lots of useful information here. I am sending it to some friends ans additionally sharing in delicious. And certainly, thank you for your sweat!

  3. sites says:

    Magnificent publish, very informative. I wonder why the other specialists of this sector don’t realize this. You should continue your writing. I’m confident, you have a great readers’ base already!|What’s Going down i’m new to this, I stumbled upon this I have found It absolutely useful and it has aided me out loads. I’m hoping to give a contribution & aid other customers like its aided me. Good job.

  4. James GraVi says:

    Thanks for the article

  5. Thank you for some other informative blog. Where else may I get that type of information written in such an ideal approach? I’ve a venture that I’m just now operating on, and I’ve been on the glance out for such info.

  6. Mandi says:

    This is a message to the admin. I discovered your “Linked Income , Archive » Employee Referrals Are the Best Source of Hire by Far” page via Google but it was difficult to find as you were not on the front page of search results. I see you could have more visitors because there are not many comments on your site yet. I have found a website which offers to dramatically increase your rankings and traffic to your site: http://aerotraffic.com/web-traffic/. I managed to get close to 1000 visitors/day using their services, you could also get lot more targeted visitors than you have now. I used their services and got significantly more traffic to my site. Hope this helps :) Take care.

  7. cars says:

    Shopping for a new or used car can be a difficult process if you do not know
    what you are doing. By educating yourself about car shopping before you
    head to the dealership, you can make things easier for yourself.
    The following tips can help your next shopping trip be more enjoyable.

  8. Hey There. I found your blog using msn. That is a very smartly written article. I’ll make sure to bookmark it and come back to read more of your useful information. Thanks for the post. I will certainly return.

  9. Can you tell us morе about thiѕ? I’d like to find out some additional information.

  10. I am actually empowered along with your composing talents together with with all the composition on your web site. Is this fact the compensated theme or even would you transform that by yourself? Regardless remain inside the excellent quality publishing, it’s rare to determine an incredible blog site exactly like it presently.

  11. Howdy! I just would like to offer yoou a big thumbs
    up for the great info you’ve got here on this post.
    I am comig back to your site foor mre soon.

    Here is my webpage ātrie kredīti (http://diena.org.lv/)

Leave a Reply