Employee referrals have the highest applicant to hire conversion rate. Period.
Recommendations via word of mouth are still the most effective recruitment tool out there.
Of all job submissions, 7% are referrals, but account for 40% of all hires. And these applicants tend to be happier and stay longer.
Rebounty lets you scale your referrals.
Steve from HR posts a $1000 bounty for a social media manager.
Dan from accounting receives the bounty and recommends his friend – a great, great fit for the job.
The friend gets hired, and Dan gets the $1000.