Author: Antonio Stefano Caria
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Social Science
Languages : en
Pages : 36
Book Description
The Formation of Job Referral Networks
Author: Antonio Stefano Caria
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Social Science
Languages : en
Pages : 36
Book Description
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Social Science
Languages : en
Pages : 36
Book Description
Job Referral Networks and the Determination of Earnings in Local Labor Markets
Author: Ian M. Schmutte
Publisher:
ISBN:
Category :
Languages : en
Pages : 44
Book Description
Despite their documented importance in the labor market, little is known about how workers use social networks to find jobs and their resulting effect on earnings. I use geographically detailed U.S. employer-employee data to infer the role of social networks in connecting workers to jobs in high-paying firms. To identify social interactions in job search, I exploit variation in social network quality within small neighborhoods. Workers are more likely to change jobs, and more likely to move to a higher-paying firm, when their neighbors are employed in high-paying firms. Furthermore, local referral networks help match high-ability workers to high-paying firms.
Publisher:
ISBN:
Category :
Languages : en
Pages : 44
Book Description
Despite their documented importance in the labor market, little is known about how workers use social networks to find jobs and their resulting effect on earnings. I use geographically detailed U.S. employer-employee data to infer the role of social networks in connecting workers to jobs in high-paying firms. To identify social interactions in job search, I exploit variation in social network quality within small neighborhoods. Workers are more likely to change jobs, and more likely to move to a higher-paying firm, when their neighbors are employed in high-paying firms. Furthermore, local referral networks help match high-ability workers to high-paying firms.
The Facts About Referrals
Author: Stephen V. Burks
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Using unique personnel data from nine large firms in three industries, we document five consistent facts about hiring through employee referral networks. First, referred applicants have similar skill characteristics to non-referred applicants, both observable-to-the-firm (e.g., schooling) and unobservable-to-the-firm (e.g., cognitive and non-cognitive ability), but are more likely to be hired, more likely to accept job offers, and have higher pre-job assessment scores. Second, referred workers have similar skill characteristics to non-referred workers. Third, referred workers are less likely to quit and are more productive, but only on rare high-impact performance metrics; on most standard non-rare performance metrics, referred and non-referred workers perform similarly. Fourth, referred workers have slightly higher wages, but yield substantially higher profits per worker. Fifth, workers who make referrals have higher productivity than others, are less likely to quit after making a referral, and refer those like themselves on particular productivity metrics. Differences between referred and non-referred workers tend to be larger at low-tenure levels; for young, Black, and Hispanic workers; and in strong labor markets. No leading class of theories can alone account for all or most of these results, leading us to suggest several theoretical extensions.
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Using unique personnel data from nine large firms in three industries, we document five consistent facts about hiring through employee referral networks. First, referred applicants have similar skill characteristics to non-referred applicants, both observable-to-the-firm (e.g., schooling) and unobservable-to-the-firm (e.g., cognitive and non-cognitive ability), but are more likely to be hired, more likely to accept job offers, and have higher pre-job assessment scores. Second, referred workers have similar skill characteristics to non-referred workers. Third, referred workers are less likely to quit and are more productive, but only on rare high-impact performance metrics; on most standard non-rare performance metrics, referred and non-referred workers perform similarly. Fourth, referred workers have slightly higher wages, but yield substantially higher profits per worker. Fifth, workers who make referrals have higher productivity than others, are less likely to quit after making a referral, and refer those like themselves on particular productivity metrics. Differences between referred and non-referred workers tend to be larger at low-tenure levels; for young, Black, and Hispanic workers; and in strong labor markets. No leading class of theories can alone account for all or most of these results, leading us to suggest several theoretical extensions.
Referral Networks, Externalities, and Labor Markets
Author: Adriana Debora Kugler
Publisher:
ISBN:
Category :
Languages : en
Pages : 228
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 228
Book Description
Employee Referral Programs
Author: Society for Human Resource Management (U.S.)
Publisher:
ISBN: 9781586440176
Category : Career development
Languages : en
Pages : 0
Book Description
In an effort to better understand employee referral programs and their effectiveness to organizations, the Society for Human Resource Management and Referral Networks conducted this survey about referral practices. Exploring such issues as structure of the program, incentives and reports, organizational emphasis, promotion, communication, and effectiveness, the study shows that employee referrals have the potential to be extremely cost-effective, citing that one reason for disagreement concerning their effectiveness may be that they work more effectively for one type of staffing than another.
Publisher:
ISBN: 9781586440176
Category : Career development
Languages : en
Pages : 0
Book Description
In an effort to better understand employee referral programs and their effectiveness to organizations, the Society for Human Resource Management and Referral Networks conducted this survey about referral practices. Exploring such issues as structure of the program, incentives and reports, organizational emphasis, promotion, communication, and effectiveness, the study shows that employee referrals have the potential to be extremely cost-effective, citing that one reason for disagreement concerning their effectiveness may be that they work more effectively for one type of staffing than another.
Referral Networks and the Allocation of Talent
Author: David Pothier
Publisher:
ISBN:
Category : Econometric models
Languages : en
Pages : 30
Book Description
We study a model of occupational choice where workers must rely on their social contacts to acquire job vacancy information. Contrary to the existing literature, we allow for worker heterogeneity in terms of their idiosyncratic skill-types. In this case, the allocation of talent (the matching of skills to tasks) becomes a welfare-relevant consideration. A worker's skill-type determines both his relative cost of specialising in different occupations and his productivity on the job. The model shows that relying on word-of-mouth communication for job search generates both positive externalities (due to improved labour market matching) and negative externalities (due to a poor allocation of talent). Which effect dominates depends on the properties of the job search and productivity functions. Taking into account worker heterogeneity shows that the degree of occupational segregation in competitive labour markets is generally not efficient.
Publisher:
ISBN:
Category : Econometric models
Languages : en
Pages : 30
Book Description
We study a model of occupational choice where workers must rely on their social contacts to acquire job vacancy information. Contrary to the existing literature, we allow for worker heterogeneity in terms of their idiosyncratic skill-types. In this case, the allocation of talent (the matching of skills to tasks) becomes a welfare-relevant consideration. A worker's skill-type determines both his relative cost of specialising in different occupations and his productivity on the job. The model shows that relying on word-of-mouth communication for job search generates both positive externalities (due to improved labour market matching) and negative externalities (due to a poor allocation of talent). Which effect dominates depends on the properties of the job search and productivity functions. Taking into account worker heterogeneity shows that the degree of occupational segregation in competitive labour markets is generally not efficient.
Efficiency and Other-regarding Preferences in Information and Job-referral Networks
Author: Antonio Stefano Caria
Publisher:
ISBN:
Category : Development economics
Languages : en
Pages : 0
Book Description
Publisher:
ISBN:
Category : Development economics
Languages : en
Pages : 0
Book Description
Social Capital
Author: Nan Lin
Publisher: Oxford University Press
ISBN: 0199565988
Category : Business & Economics
Languages : en
Pages : 489
Book Description
The volume brings together some of the leading scholars around the world working on social capital to study how individuals and groups access and use their social relations and social connections to do better in society in order to achieve their goals.
Publisher: Oxford University Press
ISBN: 0199565988
Category : Business & Economics
Languages : en
Pages : 489
Book Description
The volume brings together some of the leading scholars around the world working on social capital to study how individuals and groups access and use their social relations and social connections to do better in society in order to achieve their goals.
Hearing on Child Care Information and Referral Services Act
Author: United States. Congress. House. Committee on Education and Labor. Subcommittee on Human Resources
Publisher:
ISBN:
Category : Child welfare
Languages : en
Pages : 384
Book Description
Publisher:
ISBN:
Category : Child welfare
Languages : en
Pages : 384
Book Description
Job Creation and Local Economic Development 2016
Author: OECD
Publisher: OECD Publishing
ISBN: 9264261974
Category :
Languages : en
Pages : 291
Book Description
This second edition of Job Creation and Local Economic Development examines how national and local actors can better work together to support economic development and job creation at the local level.
Publisher: OECD Publishing
ISBN: 9264261974
Category :
Languages : en
Pages : 291
Book Description
This second edition of Job Creation and Local Economic Development examines how national and local actors can better work together to support economic development and job creation at the local level.