A Look at Employee Referral Programs in 2019

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Traditionally, employee referrals have helped garner top talent into an organization. It wasn’t a surprise that all but one of the CXR companies that responded to our survey have a formal employee referral program (ERP) in place. In fact, each company uses a financial reward as the primary bonus to compensate the employee for their help in acquiring a new employee. And they aren’t afraid to shell out the cash either. For salaried positions, the most common incentive bonus was a range between $1,001-$2,500. The compensation may seem exciting, but this was one of the few consistencies in the survey.

Our benchmark survey received a wide range of answers from our member companies.

This latest CXR benchmark report is available to all members in our Research Library.

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AUTHOR

Shannon Pritchett

Shannon has a diverse background in training, sourcing, international recruitment, coaching, and journalism. Her learnings have shown her the power of relationships and the importance of community. Shannon believes that knowledge and wisdom are best shared in a community-driven environment. Shannon got her start in the recruitment industry at Vanderbilt University and later worked as a Recruiter for Community Health Systems and T-Mobile USA. She also served as a Director of Recruiting for Moxy, Trainer with AIRS, Manager of Global Sourcing and Training for ManpowerGroup Solutions RPO, and last as the Editor for SourceCon.

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