Employers Increasingly Rely on Internal Referrals In Hiring

talkingFrom NYtimes.com (1/28/2013)

Riju Parakh wasn’t even looking for a new job.  But when a friend at Ernst & Young recommended her, Ms. Parakh’s résumé was quickly separated from the thousands the firm receives every week because she was referred by a current employee, and within three weeks she was hired. “You know how long this usually takes,” she said. “It was miraculous.”

While whom you know has always counted in hiring, Ms. Parakh’s experience underscores a fundamental shift in the job market. Big companies like Ernst & Young are increasingly using their own workers to find new hires, saving time and money but lengthening the odds for job seekers without connections, especially among the long-term unemployed.   Read the full article from NYtimes.com…