Cryptocurrency Q&A Are referrals good?

Are referrals good?

SamuraiWarriorSoul SamuraiWarriorSoul Sun Dec 15 2024 | 6 answers 1529
I'm considering implementing a referral system for my business, but I'm not sure if it's a good idea. I've heard that referrals can help bring in new customers, but I want to know if they are really effective and worth the effort. Are referrals good?

6 answers

GinsengGlory GinsengGlory Tue Dec 17 2024
Employee retention rates can be significantly improved through referrals.

Was this helpful?

74
89
CryptoNinja CryptoNinja Mon Dec 16 2024
Studies have shown that referred employees tend to stay longer in their positions.

Was this helpful?

391
90
SsamziegangSerenadeMelody SsamziegangSerenadeMelody Mon Dec 16 2024
These figures highlight the effectiveness of referral programs in retaining talent.

Was this helpful?

393
50
CryptoPioneer CryptoPioneer Mon Dec 16 2024
After one year, the retention rate for referred employees is 46%.

Was this helpful?

204
81
CryptoLegend CryptoLegend Mon Dec 16 2024
In contrast, employees sourced from career sites have a retention rate of only 33%.

Was this helpful?

386
39
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts