Let’s understand what a referral program is first. A referral program is a way for companies to hire employees referred by an existing employee. It encourages accountability for the existing employee to recommend someone who will be fit for the role.
HR policies provide employees a sense of security, they feel respected and looked after. It also puts things in order for the organization and tracking employee’s growth, discipline, vacations, etc. becomes easy. It works in the favour of employees and also the organization.
Human resource management (HRM) is the process of employing people, training them, compensating them, developing policies relating to them, and developing strategies to retain them.
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