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Employers ignore almost everything on your job application – except this

Stashed in: Networking, Jobs, Career

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It helps to know someone in the company.

Statistically speaking, there’s one thing that matters far more than any of these so-called bits of advice: Do you know someone at the company? A candidate with such a referral is much more likely to have their resume read, land an interview, and, ultimately, get an offer.

Referrals account for  between 30 and 50% of hires in the US. In a paper published earlier this year, researchers from the Federal Reserve Bank of New York and MIT studied data from a financial services company, and found that while referrals only made up about 6% of total applications, they resulted in more than a quarter of hires. That’s more than the number hired via online job boards, even though those job hunters accounted for 60% of applications and 40% of interviews.

In fact, a referral who gets an interview has a 40% better chance of getting hired than other candidates.

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