Job Referral Statistics

Abhishek Sankhyan

As job hunting evolves, so too does the importance of employee referrals. The fact is that employee referrals are far more likely to land hires compared to most other methods. After all, employers want highly qualified people they can trust, and referrals are a great way to find those people. Overall, our extensive research shows that

·      Referrals are 4x more likely to be offered a job than website applicants.

·      45% of referral hires stay longer than four years, compared to only 25% of job board hires.

·      Employee referrals account for 30-50% of all hires.

·      The cost-per-hire of employee referrals is $1,000 less on average than other hiring sources.

·      88% of employers rate employee referral programs as the best source of applicants