🤔Does a job referral really increase your odds of landing a job?

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A referral, no. A reference, yes with caveats. I’ll give a referral to almost anyone who is willing to ask me for one, so long as they’ll provide me their resume and they are qualified for the job I’m referring. It’s basically a prescreen of their resume to say it looks like they’d be worth interviewing. A reference is an endorsement of a candidate for a job. I’m vouching for that person as a good fit for the job and saying they should get the job. That said, a reference is only as good as the person giving the reference. If the person giving you a reference isn’t in a position to vouch for you or their opinion isn’t respected, it can have the opposite effect.

likesmart

It honestly depends on the company. I have worked at smaller companies where a referral pretty much got you in the door. And then I have worked at larger companies where a referral really didn't seem to move the needle much.

likesmart

No, not anymore

smart

Both can with caveats. Depends on your industry as well. I know in my industry referrals are everything in a professional capacity.

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I think it's really about the hiring manager, and their relationship to the person referring you. My friend at Paychex referred me to a role and they really respect her and after my screening interview with the hiring manager (not the recruiter because this hiring manager like to do this step herself) I was in the running for the role. I've seen this a few times. Also, some companies like Gartner automatically give the referred candidate an interview if that person is submitted as an employee referral. Then it's up to you to dance for the assigned recruiter. It's worth finding out how each company handles employee referrals and then how close you can get to the hiring manager from a referral. I would spend 20 minutes on that question, for a very well aligned role that I was moderately interested in. If I was very well aligned and highly interested, I might spend 1 to 2 hours trying to find a strong connection to the hiring manager-writing LinkedIn messages to contacts etc. I do this with help from chatGPT since it knows companies and Linkedin very well.

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I actively looking for financial roles ranging from IB, private equity, mergers and acquisitions. I'd be delighted if anyone would pass on a referral for a role they see open that aligns with my profile.

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