HR Glossary  >   Employee Referral Program

Employee Referral Program

What is Employee Referral Program?

An organized activity wherein the employer asks the company’s employees to refer candidates for the available vacancies is called an employee referral program. It is an internal source of recruitment used to hire the best talents from the existing employees’ network. A well-drafted referral policy provides an opportunity to come across good candidates, save costs, as well as many other tangible and intangible benefits for the company.

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