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In the increasingly competitive talent acquisition landscape, the quest for quality hires, efficient onboarding and robust employee retention is more important than ever. As companies aim to build strong, sustainable workforces, the Employee referral program (ERP) emerges as a strategic recruitment tool—not just a process but a vital component of a company’s lifeblood.
Employee referral programs leverage the power of current employees’ connections to source candidates that are often a better cultural and skills fit for open positions. Beyond accessing top talent, ERPs confer multiple benefits related to cost savings, faster hiring and improved retention. Thus, optimizing employee referral strategies
