Most businesses spend years adapting new sales and marketing strategies or improving their marketing funnel and customer revenue pipeline. Unfortunately, according to recent research by Josh Bersin, more than 74% of businesses perform poorly during recruitment. While most company executives ignore the essence of proper recruitment, hiring is currently the biggest obstacle to organizational growth.
Nowadays, hiring managers have lots of jobs to fill and a limited time to do it in. Even in this candidate-driven market, many must still wade through hundreds (if not thousands) of applications.
Posting jobs, sifting through resumes, and trying to make the best decision as a manager can be daunting, time consuming, and expensive. Employee referrals offer an alternative to the traditional hiring methods.