How should we structure a new-hire referral reward program? — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily

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.


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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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