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</b>It might score you an interview for your dream job.</p><p id="6b6a">The good news is that most referral programs offer monetary incentives for employees who refer their friends. Essentially, it is a win-win.</p><p id="9e9d">So go out there and network your butt off. <b>You got this.</b></p><p id="687b"><i>Thank you for reading! Clap 50 times if you enjoyed the article, comment your thoughts, and follow for more professional development and job search advice.</i></p><h2 id="0821">Buy me a coffee to support my writing! ☕</h2><p id="8bdf"><a href="https://www.buymeacoffee.com/merruiz99">https://www.buymeacoffee.com/merruiz99</a></p><h2 id="884e">Like this article? Here are some others you might like:</h2><div id="e7f5" class="link-block"> <a href="https://medium.com/@mer.ruiz99/how-to-land-your-dream-job-ad75e579ab4c"> <div> <div> <h2>How to Land Your Dream Job</h2> <div><h3>Work, dream, succeed.</h3></div> <div><p>medium.com</p></div> </div> <div> <div style="background-image: url(https://miro.readmedium.com/v2/resize:fit:320/0*Tc54dtow1TiV6tza)"></div> </div> </div> </a> </div><div id="653d" class="link-block"> <a href="https://medium.com/@mer.ruiz99/3-best-sites-to-search-for-jobs-8629a4ffaf91"> <div> <div> <h2>3 Best Sites to Search For Jobs</h2> <div><h3>The Pros and Cons of the 3 Best Job Sites</h3></div> <div><p>medium.com</p></div> </div> <div> <div style="background-image: url(https://miro.readmedium.com/v2/resize:fit:320/0*TGylDFkZoE5aepay)"></div> </div> </div> </a> </div><div id="e832" class="link-block"> <a href="https://medium.com/@mer.ruiz99/feeling-unmotivated-read-this-article-745340

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9c1189"> <div> <div> <h2>Feeling Unmotivated? Read this article.</h2> <div><h3>You’re on the right path. Keep going.</h3></div> <div><p>medium.com</p></div> </div> <div> <div style="background-image: url(https://miro.readmedium.com/v2/resize:fit:320/0*u5plpiMCsBfypmBB)"></div> </div> </div> </a> </div><h2 id="2272">Sources</h2><div id="dffb" class="link-block"> <a href="https://www.zippia.com/advice/employee-referral-statistics/#:~:text=Employee%20referrals%20account%20for%2030,likely%20to%20accept%20job%20offers"> <div> <div> <h2>25 Incredible Employee Referral Statistics [2023]: Facts About Employee Referrals In The U.S. …</h2> <div><h3>As job hunting evolves, so too does the importance of employee referrals.</h3></div> <div><p>www.zippia.com</p></div> </div> <div> <div style="background-image: url(https://miro.readmedium.com/v2/resize:fit:320/0*pevkYX5JmTPomDfu)"></div> </div> </div> </a> </div><div id="4caf" class="link-block"> <a href="https://www.linkedin.com/pulse/employee-referral-statistics-you-need-know-2020-mike-stafiej/"> <div> <div> <h2>Employee Referral Statistics You Need to Know for 2020 (Infographic)</h2> <div><h3>2020 is one of the most talent-competitive years we've ever seen. The constant battle to find and retain top talent is…</h3></div> <div><p>www.linkedin.co</p></div> </div> <div> <div style="background-image: url(https://miro.readmedium.com/v2/resize:fit:320/0*m6Lzcag7TEONPgAb)"></div> </div> </div> </a> </div></article></body>

The Secret Job Market

What Employers Aren’t Telling You

I’m gonna start off this article by saying that it might frustrate you. It is a reality we all have to face when looking for jobs.

We need to be aware that not every job that you see online is up for grabs. There is a hidden job market exclusive only to insiders at the company — this is internal referrals.

Photo by Cytonn Photography on Unsplash

Internal referrals are when a current employee refers a strong candidate to the recruiter. This is a very cost-effective way to hire, and research shows it leads to a higher retention rate.

Here’s what you need to know:

Internal referrals account for 30–50% of all hires.

In addition, internal referrals are 4x as likely to be hired.

So, while you are out there submitting hundreds of applications on LinkedIn, someone else in the company or with a close connection could be making headway for the job you are interested in.

This can be frustrating, but there is a way to use internal referrals to your advantage.

If you have a family, friend, or colleague who works for a company you are interested in working for, consider reaching out to them.

My advice is to leverage your connections to get the job you want. It might score you an interview for your dream job.

The good news is that most referral programs offer monetary incentives for employees who refer their friends. Essentially, it is a win-win.

So go out there and network your butt off. You got this.

Thank you for reading! Clap 50 times if you enjoyed the article, comment your thoughts, and follow for more professional development and job search advice.

Buy me a coffee to support my writing! ☕

https://www.buymeacoffee.com/merruiz99

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