What do you get when you pair your trusted network with your hiring process? Employee referrals! Typically, referrals are linked to better workers who stay in an organization longer. But, why are so many organizations wary about implementing an employee referral program into their practices?

This infographic, compiled by social employee referral management platform Zao, counters any doubts an organization may have by unveiling the five most common myths about referral programs. Some takeaways to note include:

• 46% of employee referrals stay for 3 years or more, while only 14% of those hired from job boards stayed
• 41% of referral hires can come from your trusted external network, if you reward them
• Hires from referrals produce 25% more profit and are 20% less likely to quit their jobs

Check out the full infographic below and let us know your thoughts in the comments!

What do you think? What are some other common myths are employee referral programs?