Human Resources

Toggle

Article

referral

Do bosses prefer hiring through employee referrals?

Human Resources magazine and the HR Bulletin daily email newsletter:
Asia's only regional HR print and digital media brand.
Register for your FREE subscription now »

Assuming all other factors utilised to judge a candidate were the same, would you prefer hiring a candidate sourced through an employee referral or one through a social network?

According to a study by Glassdoor, the highest chance of a successful job match actually comes from employee referrals.

This result came from an analysis of more than 44,000 job interview reviews drawn from those posted on Glassdoor since 2009.

The report found candidates which were referred by employees had a 2.6% to 6.6% higher chance of receiving and accepting a job offer.

“Employee referrals are effective because they provide useful context both to job seekers and companies: job seekers gain insights about prospective employers from the employee, and companies learn about the reputation of candidates from the recommender,” the report stated.

Other interview sources with a positive effect on the chance of a job match included staffing agency referrals and in-person connections with the employers.

Staffing agencies gave a -0.5% to 5.3% higher chance of an accepted job offer while in-person connections with the employers gave a -0.1% to 3.9% higher chance.

The remaining interview sources examined all resulted in lower odds of a successful job match.

College or university referrals had a -17.9% to -13.5% lower chance of a job match.

Online applications (without any employee referral or other in-person connection with the employer) were associated with a -15.0% to -11.4% lower probability of a successful hire, while recruiter referrals were linked to a -11.4% to -7.4% lower chances of success.

ALSO READ:
The one missing piece in employee referrals
The top 10 bleeding-edge recruiting trends to watch in 2015

However, the study also found that employee referrals, while resulting in the highest chance of a successful job match, only accounted for 10% of reported job interviews while 42% of job interviews came from online applications.

Despite that, 57% of job interviews were found to result in a job match.

GD_EmployeeReferrals_JobInterviews_PieChart GD_JobInterviews_JobOffers_PieChart GD_InterviewSources_LeadtoOffer_Draft2

Image: Shutterstock



Uncover and learn about complex HR innovation tools and strategies at Accelerate HR from Thailand's largest employers including Agoda, DKSH, Fonterra, FWD, Kasikornbank, Minor Food, Nissan Motor and more.
Happening in Bangkok on 26-27 November, group discounts when you bring your team.

Read More News

in Hong Kong by

AXA傳港裁250個IT職位

與此同時,該保險集團正計劃為馬尼拉及吉隆坡兩個新資訊科技中心合共招聘約400人。..

Trending

Leave a Reply

You must be logged in to post a comment.