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.
6 answers
GinsengGlory
Tue Dec 17 2024
Employee retention rates can be significantly improved through referrals.
CryptoNinja
Mon Dec 16 2024
Studies have shown that referred employees tend to stay longer in their positions.
SsamziegangSerenadeMelody
Mon Dec 16 2024
These figures highlight the effectiveness of referral programs in retaining talent.
CryptoPioneer
Mon Dec 16 2024
After one year, the retention rate for referred employees is 46%.
CryptoLegend
Mon Dec 16 2024
In contrast, employees sourced from career sites have a retention rate of only 33%.