Referrals move to the front of the hiring line, as the glowing endorsements enwrap job candidates in a halo effect.
Data shows that the likelihood of a referral scoring a job interview is 50%, compared to non-referrals who have a 3% chance. Over 60% of candidates are hired after being referred, and the chances surge to 91% if the endorsement comes from a director-level professional.
In this LinkedIn Live, I welcome Lauren Smith, Forbes 30 Under 30 alum and cofounder and CEO of Refer, a platform that enables companies to incentivize and leverage their networks, and individuals to get rewarded for referring their network.
Lauren and I will discuss what inspired her to found her startup, how the platform works and why referrals are incredibly powerful signals in providing validations on someone's capabilities and character.