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How should we structure a new-hire referral reward program?

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in Human Resources,The HR Specialist Forum

We’re hiring again, but have been swamped with applications from unqualified people. We would like to set up a bonus program that pays employees who bring us good candidates that we ultimately hire. What’s the right amount to pay for employee referrals? How should we structure the program?—Steve, N.C.

See responses below

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{ 1 comment… read it below or add one }

Linda February 8, 2011 at 7:07 pm

Our policy pays $100 to the employee who refers a candidate who stays with us for 6 months. HR has to tickle the date so we can check to see if the referring employee and the referred employee are still with us – if so, they are paid in that next pay period. Managers cannot get any referral fees; they are expected to bring qualified people in without reward. It seems to work for us.


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