**Finding Top Talent**

By Jobtransparency Blog
Published on September 30, 2024
Unlocking the Power of Professional Connections
When it comes to finding a new job, many of us focus on scouring job boards and submitting countless applications. However, the most effective way to land your dream job may be right in front of you – through your professional network.
According to a recent study, a staggering 26.7% of external hires come from referrals. This statistic highlights the importance of building and nurturing relationships with people in your industry. By creating a target list of companies and connecting with insiders, you can gain valuable insights and get a foot in the door.
But that's not all – many employers offer employee referral bonuses, which can be a win-win for both the referrer and the candidate. These bonuses typically come in two parts: an initial payment after the referred candidate is hired, and a second payment after they've been with the company for several months. This incentive encourages employees to recommend top talent, making it a great way to get your foot in the door.
So, have you ever received a referral bonus for recommending someone for a job? Would you do it again? By tapping into the power of your professional network, you can unlock new opportunities and take your career to the next level.
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