Value of Referral
Hiring
Why it’s all about who you know?
Companies and Recruiters use a
variety of sources like job portals to
find appropriate candidates for their
coveted positi...
Today, recruiters and companies are
utilizing employee referrals to find the
best qualified applicants
Your employees have immense number
of possible candidates within their
respective social networks
Why hire through
referrals?
New research says career sites and job boards have
highest number of applications, but their conversion-to-
hire rates fal...
Only 7% of APPLICANTS come from REFERRALS and
this small number ACCOUNTS FOR NEARLY HALF of
hires (40%)
TIMING IS EVERYTHING
REFERRALS ARE HIRED FASTER
By Number of Days
Employees hired through referral are 55 PERCENT FASTER
t...
Referral hires have greater job satisfaction
and stay at companies much longer than their
counterparts
47 PERCENT of refer...
By utilizing social networks and tapping into
current employees networks, recruiters can
increase referral rates and there...
Use GrowOut to fasten and optimize you Referral Hiring Process
For more details, visit our website
www.grownout.com
Signup for the 90 days free trial today!
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Value of Referral Hiring: Why it's all about who you know?

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Your employees have immense number of possible candidates within their respective social networks.New research says career sites and job boards have highest number of applications, but their conversion-to-hire rates fall far behind referrals. To optimize and fasten your referral hiring process, visit - http://www.grownout.com/

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Value of Referral Hiring: Why it's all about who you know?

  1. 1. Value of Referral Hiring Why it’s all about who you know?
  2. 2. Companies and Recruiters use a variety of sources like job portals to find appropriate candidates for their coveted positions
  3. 3. Today, recruiters and companies are utilizing employee referrals to find the best qualified applicants
  4. 4. Your employees have immense number of possible candidates within their respective social networks
  5. 5. Why hire through referrals?
  6. 6. New research says career sites and job boards have highest number of applications, but their conversion-to- hire rates fall far behind referrals.
  7. 7. Only 7% of APPLICANTS come from REFERRALS and this small number ACCOUNTS FOR NEARLY HALF of hires (40%)
  8. 8. TIMING IS EVERYTHING REFERRALS ARE HIRED FASTER By Number of Days Employees hired through referral are 55 PERCENT FASTER than those who come through career site
  9. 9. Referral hires have greater job satisfaction and stay at companies much longer than their counterparts 47 PERCENT of referrals and 39 PERCENT of those hired through CAREER SITES stay for THREE YEARS OR MORE, while only 14 percent of those hired from job boards stayed.
  10. 10. By utilizing social networks and tapping into current employees networks, recruiters can increase referral rates and thereby, the number of highly qualified applicants within their talent pools.
  11. 11. Use GrowOut to fasten and optimize you Referral Hiring Process
  12. 12. For more details, visit our website www.grownout.com Signup for the 90 days free trial today!

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