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
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.