Calculate the percentage of hires sourced through employee referrals. Track referral programme performance, compare costs, and benchmark your referral rate against global averages. Free, no sign-up needed.
Input your total hires and total referral hires for the measurement period. Optionally filter by department or business unit.
Add referral bonus per hire, programme admin cost, standard cost per hire, and offer acceptance figures for complete programme analysis.
Instantly see your referral hiring rate, cost savings, offer acceptance rate, and quality score. Download a PDF report to share with leadership.
Enter your hiring data above and click Calculate Referral Hiring Rate.
Referral Hiring Rate (%) = (Total Referral Hires / Total Hires) x 100 Referral Offer Acceptance Rate (%) = (Referral Offers Accepted / Referral Offers Extended) x 100 Cost Per Referral Hire = Total Referral Programme Cost / Total Referral Hires Referral Cost Saving = (Standard Cost Per Hire - Cost Per Referral Hire) x Total Referral Hires Referral Quality Score = (Referral Hires Still Employed at 12 Months / Total Referral Hires) x 100 Example: 50 total hires, 15 referral hires. RHR = (15/50) x 100 = 30% (Strong).
Global Referral Hiring Rate Benchmarks (SHRM / LinkedIn Talent Trends): - Above 40%: Best-in-Class - scale programme; introduce referral ambassador roles - 30%-40%: Strong - maintain; segment by department and role level - 15%-30%: Average - optimise communications; introduce tiered bonus structure - Below 15%: Needs Improvement - launch or restructure programme; increase bonus incentives Referred candidates are hired up to 55% faster and have a 12-month retention rate up to 46% higher than non-referral hires.
Referral hiring rate is an HR metric that measures the percentage of total hires that came from employee referrals during a given period. It is calculated by dividing the total number of referral hires by the total number of hires and multiplying by 100.