Do you want to increase your odds of getting an interview? The solution is simple: network. The New York Times highlighted the news that employers (such as Ernst & Young) are ramping up their employee referral hiring. Why? Simple, according to a Mr. Nash of Ernst & Young, “Our analysis shows referred hires perform better, stay longer and are quicker to integrate into our teams.” To support Mr. Nash’s analysis, Giorgio Topa, one of the authors of the Federal Reserve Bank of New York study, also referenced in the NYTimes article, states referred employees are 15 percent less likely to quit.
So why are you still throwing your resume in the pile without getting a referral? Could it be because you don’t think you know anyone? Think again. [Read more...]