CareerXRoads recently released their 7th annual Source of Hire whitepaper. The whitepaper examines how 300,000 new employees were sourced in 2007. Close to 30% of all new hires were sourced through referrals from existing employees, vendors, and alumni. According to the results of the survey, referrals are the #1 method for finding external hires and every third referral turned into a hire. This is just more proof of the importance of building a robust network as part of your career management strategy. Read more about the survey here.
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– Sue.