For most firms,which of the following is the most effective source for recruiting new hires?

Question

Quizplus · Accepted Answer

Employee referral programs have been shown to be the most effective source for recruiting new hires because current employees have the best understanding of the company's culture and values, and are most likely to refer candidates who will fit well within the organization. Additionally, referred candidates are often of higher quality and have greater retention rates than those who come through other sources. Other options such as college recruiting, regional career fairs, and newspaper advertisements may also be effective in certain situations, but employee referrals tend to be the most successful. Contingency recruiters can also be effective, but may be more expensive and have lower retention rates in comparison to employee referrals.

For Most Firms,which of the Following Is the Most Effective