摘要：This is the first study that utilizes the unplanned delay in recruitment to identify the effectiveness of employee referrals
in firms' recruiting processes. I find that the use of referrals reduces the probability of delays in recruitment and the
duration of the delay in the case that the firm chooses a small number of parallel search strategies. Therefore,
employee referrals do have a beneficial effect on the recruiting process if they are used solely or in addition to very
few other search strategies.
