500 - 1,000
Unemployment has reached a 17-year low and companies are struggling to hire and retain workers, according to Business Insider. Filling jobs in a timely manner is critical to operating a successful business. With a tight labor market, business leaders need to have a strategy for recruiting and retaining their employees.
Employees hired through employee referrals consistently outperform hires from other sources such as job boards or recruiting agencies. Numerous studies have shown employee referrals are hired up to 50% faster and remain employed up to twice as long. A simple employee referral program can be an effective way to recruit and retain employees.
Nicole Mullikin | Director, Talent | Synteract