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Many organizations utilize employee referrals as an internal recruitment strategy to find job candidates from their employees' social networks. This practice has increased due to the high volume of applications from job boards, prompting a need for more efficient hiring methods. Some companies set goals for the percentage of hires from referrals and offer incentives, such as prizes or cash bonuses, for successful referrals. Research indicates that referral programs are highly effective, leading to lower turnover rates and greater job satisfaction for new hires compared to those recruited through more formal methods.