Attrition Fact 08/10/2013
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October 8, 2013
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Author: krish
Common sense will tell you that the employees in any organisation are the biggest and possibly the best source to attract talent . However, we continuously hear of the internal employee referral programs don’t work.
So why do most employee referral programs fail ?
While i could list a few , the biggest reason almost always boils down to lack of rigor & discipline in rolling out the program.
Most companies today have approximately 5% to 20% of their employees hired through an employee referral while a good average should be around the 50% mark.