The Dos and Don'ts of Employee Referrals

By Stacy Pollack

An employee referral is when an employee refers to a candidate for a job opportunity within their organization. Referring a friend can seem like an easy win for all parties. First, it's a great way to help your company's talent pipeline, as referrals are cheaper, faster, and make for better-performing hires, according to a LinkedIn Report. It's also a way to build goodwill within your network, and even earn yourself a potential referral bonus! But before referring every LinkedIn contact or friend that comes your way, consider what's at stake for you when referring someone to your company.

Each referral you make is a reflection on you. If you continuously send the wrong candidates toward your talent acquisition team, that may tarnish your reputation. When it comes to referring people in your network, consider the following: 

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Source Fool.com