How much could you save annually by ramping up your employee referral program?
Last year it cost you an estimated $900,000 in recruitment fees to acquire 33% of your new hires.
It cost you just $62,500 in staff bonuses to acquire 17% of your new hires.
Increase your referrals by %
If you were to increase your employee-referred hires by % this year, you could potentially save up to $450,000 in recruitment fees, while paying just an extra $62,500 in staff bonuses - an overall saving of up to $375,500.
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