Employee Referral Program
Employee referral programs are counted as one of the most efficient methods of recruiting. It is the process where existing employees of a company refer potential candidates for open job positions in their organization. Existing employees understand the company’s requirements closely and thus they are trusted by the employer to choose potential candidates from their own network. Through this policy, employees also get to earn rewards or referral commissions once the candidate is hired from their reference. This is a great way to hire quality talent with less investment of time but it must be accurate and clear.