How is it possible that employee referral programs, which often include the payment of signing bonuses and finder’s fees, can often generate the lowest cost-per-hire of all recruiting practices? Discuss the advantages and disadvantages of an employee referral program?

Employee referral programs

How is it possible that employee referral programs, which often include the payment of signing bonuses and finder’s fees, can often generate the lowest cost-per-hire of all recruiting practices? Discuss the advantages and disadvantages of an employee referral program?