The survey released today by professional networking site LinkedIn, 55 per cent of talent leaders felt employee referral programmes were the top source of quality hires and 42 per cent considered social professional networks as equally important.
"Employee retention, focus on employee referrals, employee branding and quality of hire are likely to be the top priorities for the recruitment landscape in 2016," LinkedIn's India Recruiting Trends 2016 said.
According to the report, the gap between volume of hiring and hiring budgets widened in 2015.
"India leads the globe in the usage of referral programs with 65 per cent organisations using employee referrals as against the global average of 39 per cent.
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"Nurturing strong relationships with employees and their networks would help organisations identify and source quality talent," it noted.
The findings are based on a survey of 3,894 talent acquisition decision makers who work in a corporate HR department and have some authority in their company's recruitment solutions budget.