Does refernce works out in the corporate world?

Yes it is true for almost every corporate.

It is good for organization & bad for job seekers(without ref.) & HR consultants........

Reference do works out in the corporate world as applicant who is not even getting a chance to sit in interview they get that chance very easily cos of reference. As when someone refer someone then before referring he or she analysis whether referring will be right  decision or not for the particular person. Referrer analysis so much because his/her image will also reflect on the individual performance. And the best part of reference job is that it helps to reduce job attrition and even helps to select the right candidate for the right job.

more than  50% candidates get placed due to referrals

THANK YOU ANAND.

GONE ARE THE DAYS ORGANISATIONS WERE RECRUTING PEOPLE KNOWN TO THEM AS FRIENDS OR RELATIVES OR FROM KNOWN SOURCES. REQUIREMENT OF HUMAN RESOURCE AT VARIOUS LEVELS KEEP ON GROWING.EASIER OPTION TO ABSORB UNKNOWN PEOPLE.TO PLAY THE GAME SAFE REFERENCE   AS MENTIONED BY THE APPLICANTS OR FROM THEIR PREVIOUS EMPLOYERS SERVE VERY WELL ON MOST CASES.

The idea behind calling for refrence is to improve the chances of selecting a right candidate. It is not always easy to judge a candidate perfectly in an interview. A good candidate may at times not do well & vice-a-versa a bad candidate may end up posing very well in the interview. Hence, refrence helps both the candidate as well as the organisation.

Sometimes the interest in a job overtakes many other factors like quality, experience, education etc. His interest makes him work sincerely and references generated mostly from the lobby of the candidate. I think the references are useful sometime to get good candidates.

Always, straight away establishes a comfort level with the candidate

YES... REFERENCES ASSURE THE MANAGEMENT... That they are Recruiting the 'Right Cadidate'.

This saves Time, Money & Assures Good Resuts for the Recruiters. It also helps in Building the 'Right Team' for the Future Growth of the Company.

References also CUT DOWN the uncertainty of TRIAL & ERROR, that HR is always afraid of...

Happy Debating Friends !

Definitely. Saves time and money. However, the source of reference has to be credible.

i agree with Anand so far as reference is concerned,but it helps in reducing rate  of attrition is a moot point.

Yes, I do agree with Mr. Anand M. in todays corporate scenario employees get benefitted for the reference also.

Of late most organizations not only seek references but they also follow up and call the references to check out the applicant.

Agreed....! to Mr. Anand.

Reference will really work out when u fit to that position also

Surely it works, especially for vacancies in the top management.Everything else is secondary.

Everyone knows it does works ... So no comments from my side... Truth here needs not to be proven!!

Definitely it works in the corporate field, my own experience but imporatant thing is that, we can refer, influence but at the end the person has to perform well in interview.

Yes it works in  corporate world.

yes because I saw in many industries when they start screening their main focus on reference part.it may be work lot of for them

Yes, of course that really do work. It means that someone has really the faith laid upon u, your skills and all 

IT GOES WITHOUT SAYING THAT REFERENCE WILL DO A LOT IN THE CORPORATE .

OF LATE ALL LEADING CONSULTANTS ARE ASKING THE CANDIDATE TO QUOTE SOME REFERENCE NOT AS A PRECAUTIONARY MOTIVE BUT AS A SAFE BET

yes, surely it works. 

Certainly. A known devil is better than an unknown angel.

Seriously , if someone you know and trust recommends an individual who will be an asset to your company , you can have more confidence in the candidate than if the candidate were a total unknown.

Of course , it is obvious that this is not nepotism , which is employing relatives whether they are good or not. So for the recommended candidate to be employed , he / she will have to go through the normal recruitment procedure , and assuming he / she does as well as the other candidates , he / she will be preferred.

Not necessarily a reference gives out an identity to the individual's skill. May be, at times, it is biased. However, it gives an assurance sort of thing for his conduct & character. To an extend, can be used same as police verification.

References and Networking are important aspects in the industry. References lead to better trust and loyalty and the member is also more focused on his work....

Today almost every corporate companies depend on reference. This is one way they can reduce the attrition rate. Today it becoming difficult for the employer to recruit people who stick to the organization for long period. 

I think as of date one of the parametre is reallity check of the selected candidates in order to get maximum out of the candidate.

At times it backfires in those cases who take their HR in confidence of their quiting.

Corporates normally want to be sure about a candidate. Reference reduces the risk of the potencial candidate in terms of work skill as well as background.

Sort of yes and no both. Mix thinking about it.

In short run, yes it really works out in corporate world. But in long run, the person who is using the reference to grab an opportunity need to have commensurate ability to fulfill his/her obligations towards the opportunity. I don't personally feel dear that this topic is really worth debating. Most of the votes you are going to get in favor of - YES. 

It is one of the time tested system to recruit people. Yes it is traditional and deep routed system

I do agree; reference has a major contribution in recruiting people in corporate world.

But I deny that it would reduce the attrition rate.

Unless employer satisfies the employee would be along with him. 

So the thumb rule for employer of reducing attrition rate should be like "Recruit a person who can satisfy my needs and I can satisfy his needs", a close to real forecast of give and take.

But in IT this is almost impossible since the demand of skills are very high.

Sort of yes and no. Yes, if the source is trustworthy i.e if the company has quantifiable trust on the intellect, integrity of the person on whom it has bestowed the responsibility of referring someone then the search process of reference becomes that much more easy. It it's vice-versa then augumentation of useless manpower takes place.

Hanu

yes it does work in many organisation. but i feel sometimes its better and sometimes its not.