I have a slide in my talk with this webpage capture:
The important bit is in the last paragraph, where Ernst and Young, a large accounting firm, is looking to hire more people from internal referrals. They now get 45% of non entry-level hires.
In case you’re wondering, internal referrals mean employees recommend people they know. Those people are their network. They might call them friends, or former co-workers, or even workers recommended by friends. All of those people are in their network.
Networking matters. I suspect this trend will continue in the future as more and more employers want to spend less and less time hiring and losing people.