The state of employee referrals in 2024

The State of Employee Referrals in 2024

We asked 500+ experienced TA leaders/managers to share insights on their referral program. And the results are in!

From the most effective referral programs to the biggest challenges, this report is a valuable resource for the entire TA community to benchmark, improve, and learn from the best practices in employee referrals.

What to expect in this ebook?

Why invest in employee referrals?
- - Ability to hire candidates across all levels
- - Reduce cost per hire
- - Reduce dependency on third party vendors
How to convince leadership?
- - 12-20% higher joining ratios
- - Referral investments are budget neutral
- - Referrals are #1 source for higher quality
Referral contributions to source mix
- - Higher room for growth in employee referrals
- - Invest in technology to streamline referrals
- - Build a proprietary sourcing channel
Best practices to attract referrals
- - Branded referral programs
- - Experiential rewards
- - Individual recruiter KRA's

“By embracing cutting-edge tech from RippleHire and reinventing our TA process, we have delivered a 4.8/5 candidate experience score. My teams focus on bringing the best talent while the system automates a lot of their standard tasks.”

Himanshu Misra

Head - Human Resources, Axis Mutual Fund

About us

RippleHire is an award winning cloud based hiring platform. We exist to make
recruiting effortless, human and delightful. We work with leaders like you to impact
top line, bottom line through progressive hiring solutions. We help 500K+ employee
base companies hire top talent and improve the maturity of their recruiting practices.

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