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One of the best methods of bringing high quality candidates into your hiring funnel is to ask for employee referrals. Our own research has shown that employees who were referred by current employees are much more likely to stay than those who were not. Other researchers have found similar results:

  • An MIT Sloan School of Management study found that employees recruited through ERPs had higher productivity and longer retention than employees recruited through other sources.
  • An Ohio State study shows referral retention to be up to 25% higher than other means of recruiting.
  • A Spherion study found that 58% of top HR managers say that referrals are the best way to recruit top talent.

If you need to increase the quality of your hires and decrease your turnover – look into implementing an employee referral program. Select International can help you plan and develop an ERP that will attract the right people to your organization. We work in collaboration with our clients and follow the best practices in the industry. We employ a thorough and detailed process that focuses on marketing/communication, employee incentives and monitoring. We know how to make an ERP successful and effective for you.

Call a Select International representative to learn more about what we can do for you.