Every company wants to hire quality employees for their companies in order to grow their business but it is really very time-consuming to search for an employee with such high quality. and also it takes huge cost to find the best employee for their company
That is why this marketing technique came into action called Employee referrals. It did not require any kind of advertisement cost and yet provides quality employees to the company.
Few points are as follow to let you know why employee referral is the best source of hire:
1. Reduce advertisement cost: It reduces all kinds of advertisement costs. As a recruiter, you will be saving a lot of productivity in screening the applicant as that's already done by existing employees.
2. More specialized candidates: The company will get more specialized as compared to the normal process of selection.
3. Increase employee retention: Employee referrals are more reliable as they already know about the companies vision and work culture they will surely refer candidates accordingly.
4. Dedicated towards work: candidate will be more dedicated towards his work as he/she is referred by his friends and the family.