Approximately 50% of Stanford students find their jobs through some form of networking.
Many companies report that 30-50% of their hires come from employee referrals. Networking is a major plus for job searchers! 200-250 employers typically participate in Cardinal Recruiting, the CDC’s on-campus recruiting program. About 400 employers participate in CDC-sponsored career fairs at Stanford. The number of new postings to job boards dropped dramatically. Most employers do not have the budget or time to recruit specifically at Stanford University, but they would love Stanford students to apply to them directly.
In a report published by CareerXRoads, employers use several recruiting methods for new talent. Their greater returns are primarily the Internet and employee referrals. See the below mentioned for employers’ sources of external hires: Internet 31.8%, employee referral 28.5%, newspapers 3.8%, career fairs 2.8%, direct sourcing 2.6%, college recruiting 2.4%, third party recruiters 1.2%, and 27% of all external hires are from other sources. Of the hires from the Internet: 67.9% from company web sites, 17.6% from niche sites, 8.7% from Monster.com, 4.1% from CareerBuilder.com, and 1.8% from Hotjobs.com