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TL;DR
Referrals punch above their weight. They make up only 7% of applicants but 40% of hires (Ignite). Speed & savings: Referral hires start 12 days faster and cost $1,850 less per hire than job‑board applicants (SHRM). Retention edge: 46% of referral hires stay 3 + years vs 33% of non‑referrals (Clear Company). Six levers—clarity, communication, celebration, cascading incentives, convenience, and continuous iteration—turn a dusty ERP into a recruiting powerhouse.
Table of Contents
Introduction Why Referral Programs Matter Six‑Lever Framework for a High‑Performing ERP Incentive Design 2.0 Measure, Learn, Iterate In Summary FAQs Get Help From Talivity