Arbeitspapier
Do Informal Referrals Lead to Better Matches? Evidence from a Firm's Employee Referral System
Using a new firm-level dataset that includes explicit information on referrals by current employees, we investigate the hiring process and the relationships among referrals, match quality, wage trajectories and turnover for a single U.S. corporation, and test various predictions of theoretical models of labor market referrals. We find that referred candidates are more likely to be hired; experience an initial wage advantage which dissipates over time; and have longer tenure in the firm. Further, the variances of the referred and non-referred wage distributions converge over time. The observed referral effects appear to be stronger at lower skill levels. The data also permit analysis of the role of referrer-referee pair characteristics.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 8175
- Klassifikation
-
Wirtschaft
Wages, Compensation, and Labor Costs: General
Labor Turnover; Vacancies; Layoffs
Unemployment: Models, Duration, Incidence, and Job Search
- Thema
-
referrals
human resources
turnover
wage trajectory
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Brown, Meta
Setren, Elizabeth
Topa, Giorgio
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2014
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Brown, Meta
- Setren, Elizabeth
- Topa, Giorgio
- Institute for the Study of Labor (IZA)
Entstanden
- 2014