With a record number of people leaving their jobs, retaining and recruiting talent is harder than ever. Research indicates that both the potential new hires and employers prefer referrals. Why? For the employee, getting referred provides an inside look into a company’s culture and employee experience from a trusted resource. For the employer, referrals take the least amount of time to recruit, are more affordable to hire, stay the longest, and have the lowest turnover rate. Despite this, most companies do not have an effective process to encourage referrals from their internal and external network. A platform that leverages the power of network would revolutionize the recruitment marketing through referrals.
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