5 Reasons You Need a Successful Employee Referral Program

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Better Cultural Fit

Referrals mean a better company culture fit.

Part of the reason employee referrals are ranked so successfully by employers is because they're effective at bringing talent that easily fits into a company's existing culture. In fact, 76 percent of employers identified cultural fit as a high priority when screening job candidates. According to a iCIMS survey, 66 percent of employers say referrals fit in better with their company culture.

Eighty-five percent of employers are expecting their companies' hiring to increase or stay the same. At the same time, workers are staying in positions for shorter periods of time. By capitalizing on employee networks, companies can start addressing the need for increased hiring in today's new era of talent acquisition.

In fact, companies already recognize the benefits of employee referrals. Organizations rank employee referrals as their most successful source of hires, above job boards, social networking sites and corporate career pages. Part of the reason employee referrals are ranked so successfully by employers is because they attract talent that benefits the bottom line.

In this slideshow, iCIMS, a leading talent acquisition solution, has identified employer and job seeker attitudes toward employee referrals and their impact at an organization.

 

Related Topics : A Big Market for Big Data Jobs, Midmarket CIO, IT Management Automation, SharePoint, Technology Markets

 
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