Keep up with the latest hiring trends!

What Do Employee Referrals and The Beatles Have in Common? (Infographic)

The “Fab Four” achieved a staggering number of accolades over the course of their music career including; 3 Brit Awards, 10 Grammys, an Oscar and 15 Ivor Novello Awards, but as they said themselves, they did it all with a little help from their friends!

And now it’s time for you to do the same:

employee referals

Top Takeways:

  • 88% of employers say employee referrals are the No. 1 source of “above average candidates”.
  • 24.5% of all hires are made up of employee referrals.
  • 78% of employees state that information from those on the inside is influential when deciding where to work.
  • Referred hires are 25% more productive than hires from other sources and 120% more likely to make a positive impact on the organisation.
  • Referred hires have a 25% higher retention rate.

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