Many companies use referrals by current employees as a source for new hiring and even monetarily reward them because __________________.

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19-07-2022
Business

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Many companies use referrals by current employees as a source for new hiring and even monetarily reward them because __________________.

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mboluwape mboluwape · Answer 1 · 2022-07-26T16:58:24+02:00

Many companies use referrals by current employees as a source for new hiring and even monetarily reward them because it requires less stress and cost.

Why is referrals by current employees better?

Publishing advert for Job opening requires a cost and this could take a lot of process before the final candidate is selected.

Getting referral could reduce the number of days and the cost of making different advertisement.

Therefore, Many companies use referrals by current employees as a source for new hiring and even monetarily reward them because it requires less stress and cost.

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