How to Create an Employee Referral Program [With Examples]
their existing networks. In return, these employees will get a referral bonus, typically a financial reward, if the company successfully recruits that individual. That is also how referral works. What is an employee referral program? Simply put, this is an internal recruiting method in which employers encourage current employees, through referral incentives, to refer suitable candidates for job openings in their companies. 5 benefits of employee referral programs : Time-saving On average, external recruitment methods can take 55 days to