
As small and medium-sized businesses compete amid ongoing talent challenges, often with fewer resources than larger companies, they may need to get creative in their attraction and hiring efforts. Employee referral programs allow existing employees to recommend candidates for open positions. Employees tend to carefully consider possible referrals because they feel accountable to the organization and the person they refer.
These programs are a popular recruiting strategy due to their low cost but potential for high impact. An effective employee referral program can save time, money, and other resources during hiring.
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