A Few Simple Reminders: Why You Need to Network

By Friday, June 21, 2013 0 Permalink 0

why you should network

I can’t state the power of networking enough. Job searches are taking much longer these days, and the best way to even the odds is through getting out there or on there (LinkedIn) and meeting new people. Why you should network is a question you shouldn’t even be asking. You never know what can come out of each connection you make…until you make them. You could go from a no-name candidate to a referral candidate just by letting people know who you are and what you’re about. Below are a few bullet points from an article (published last year, but still relevant) for employers that highlights why referral candidates are so important. As you prepare for your next opportunity, keep these things in mind. In fact, I encourage you to get out there and network today if you aren’t already. Put yourself in the best position possible to find opportunities to become a referral candidate. Finding a new job in three months is better than six.

  1. Hire volume — Referrals are the #1 source in hiring volume. *&***

  2. Hire quality — Referrals are also the #1 source for new hire quality.*

  3. Speed (application-to-hire time in days) – Referrals are the #1 fastesttime to fill (29 days for referrals, 39 days for job boards, and 45 days for career sites) **

  4. Average length of employment of all initial hires after one year(retention) – Referrals are #1 at 46% retention after 1one year(compared to 33% from career sites and 22% from job boards). **

  5. Average length of employment of all initial hires after two years(retention) – employee referrals are #1 at 45% retention after two years (compared to 20% from job boards after two years and 14% after three years). **

Now reach out and touch somebody….cleanly!

Rich

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