Leveraging Employee Referral Programs to Locate Top Life Science Talent
Summary
82% of employers rate employee referrals above all other sources for generating the best ROI, with employers saving an average of 13 days and $1,000+ in recruiting costs when hiring a referral. The benefits of an effective ERP go above and beyond financial and time-saving advantages to include things such as improved retention, engagement, productivity, and commitment from employees, helping your workforce thrive.- Author Company: PharmiWeb.Jobs
- Author Name: Lucy Walters
- Author Email: Lucy.Walters@pharmiweb.com
- Author Website: https://www.pharmiweb.jobs/
As a recruitment professional in the life science industry, employee referral programs (ERPs) are a highly effective way of expanding your talent pool, identifying high-quality candidates, and engaging both active and passive talent.
82% of employers rate employee referrals above all other sources for generating the best ROI, with employers saving an average of 13 days and $1,000+ in recruiting costs when hiring a referral. The benefits of an effective ERP go above and beyond financial and time-saving advantages to include things such as improved retention, engagement, productivity, and commitment from employees, helping your workforce thrive.
In this article, we explore some of the key benefits of leveraging ERPs to locate top talent and improve your hiring success, outlining what these programs could look like and how you can make them work for your organisation.
