Sample Letter Of Intent Dealership, Referrals account for between thirty and 50% of employees in the US. In a paper released earlier this year, researchers from your Federal Reserve Bank of recent York and MIT analyzed data from a financial solutions company, and found that while recommendations only made up about 6% of total applications, these people resulted in more than a quarter associated with hires.
That’s more than the quantity hired via online task boards, even though those employment hunters accounted for 60 per cent of applications and little less than a half of interviews. Another latest paper from researchers with the University of Minnesota and also UC Berkeley found these hires aren’t necessarily a lot more skilled or smarter than any other applicants. But researchers discovered that the referral hiring benefit exists across a big range regarding industries, in this case trucking, phone centers, and technology.