Internal referral turnover
Refers to the number of employees hired by referral who left the company in a given period.
Calculation steps:
- choose the time frame
- identify the employees who left the company in the chosen time frame
- correlate every employee with the recruitment channel
- count the employees hired by referral
- apply the turnover formula
It can be used as business case for the redesign or implementation of a referral program.
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