Why is it more likely that employee referral programs are effective and successful?
A) Employees who refer applicants are given a reward.
B) Applicants hired through this method low high turnover.
C) Employees generally provide accurate information about referrals.
D) Heterogeneity of a firm is affected positively by this method.

Question

Quizplus · Accepted Answer

Employee referral programs are more likely to be effective and successful because applicants hired through this method have been recommended by current employees who have firsthand knowledge of the company's culture and values. As a result, these hires are more likely to fit in with company culture and have better job satisfaction, which leads to lower turnover rates.

Why Is It More Likely That Employee Referral Programs Are