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Are referred candidates more likely to get hired?
Turn to any post on how to get hired on LinkedIn and you’ll be riddled with advice around the importance of referrals. For long, referrals have been considered the tried and true way for applicants to get their foot in the door and recruiters to get internal insight on who might be a fit for an open role.
But how true is this? With a massive increase in inbound application volumes and a departure from the 2021 hypergrowth hiring, we were curious to explore which application sources are resulting in hires.
This report analyzes over 38M applications across 93K jobs from January 2021 to December 2024.
We looked at this data across three stages:
1. Applications: Where are applications coming from?
2. Interviews: Which sources are selected to interview?
3. Offers: What is the source of hire for closed roles?
Applications: Where are applications coming from?
At the start of 2024, we shared data on how inbound application volume had tripled for both business and technical roles. Looking at it again at the start of 2025, we see that inbound sources continue to dominate the overall share of applications. Between the start of 2021 and end of 2024, we see an average of:
- 93.8% of applications coming from inbound
- 4.8% from sourced
- 1% from referral
- 0.4% from agency
- 0.05% from internal

Looking at referral more closely, we can see that the proportion of applications coming from referrals has been decreasing over time — from 2% in Q1 2021 to less than 1% three years later (Q1 2024). During this same time period, the proportion of applications coming from inbound increased.
Interviews: Which sources are selected to interview?
Despite representing smaller pieces of the application sources pie, candidates from referred, internal, and agency are moving through the hiring process at a strong rate. Referred and internal candidates are often seen as lower risk as they come “validated” from employees. Across all jobs, candidates from internal, referred, and agency were found to be more likely to get interviews than inbound applicants — and be hired after an interview. Specifically:
Internal Candidates
- 42% of internal candidates go from application to interview
- 32% of internal candidates go from interview to offer
- Some internal applicants are hired without a formal interview
Referred Candidates
- 40% of referred candidates go from application to interview
- 16% of referred candidates go from interview to offer
Agency Candidates
- 42% of agency candidates go from application to interview
- 8% of agency candidates go from interview to offer


Offers: What is the source of hire for closed roles?
All that said, we have seen a decrease in offer rates among all application sources except for internal applicants. Though it should be noted that internal applications are also by far the least common source of applicants, making less than 1% of all applications. Meanwhile inbound applications saw the least noticeable decrease, signaling some steadiness among the more intense drops seen for other sources.

This chart shows the average over the current and two previous quarters.
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