Employee referral schemes: the IRS survey

The worsening economic climate challenges recruiters to use the most cost-effective ways of finding top-quality candidates - could employee referral schemes provide the answer? This IRS report surveys more than 100 employers to find out. 

  • Employee referral schemes: the IRS report Successful referral schemes can improve the quality of recruits, reduce the likelihood of early departures and the consequent costs of re-recruitment, and enhance the performance of new starters. 

Also

The most effective ways of reducing recruitment costs: the IRS survey Employers have saved an average of between 10% and 25% of their recruitment expenditure in 2008 from their cost-cutting initiatives, according to this IRS survey, which analyses the nature of these measures, those that have been found most effective and the prospects for recruitment budgets in the year ahead. 

Making recruiting more cost-effective Employers' recruitment budgets continue to face cutbacks and economy drives. Employment Review's latest research analyses the cost-cutting methods being used and how effective they are proving to be in practice. 

Weekly dilemma: Employee referral schemes Mark Higgins, head of employment at Betesh Fox, looks at the legal implications of introducing an employee referral scheme.