Anyone have an employee referral program in place or recos on how to avoid monetizing such a program? Specifically — different methods beyond monetary bonuses... exciting incentives to get referrals through the door?

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Posting as :
works at
You are currently posting as works at

If you want your program to be competitive then you’ll need to offer cash.

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You could consider payment tiers. For example, X payment for 3 months of employment and Y payment for 1 year of employment after a successful hire. This was the practice in my previous company. This lowers cost for referrals who end up being a poor fit. I agree with Ditto Technologies, cash is still the best incentive for referrals. Gift cards and PTO also work.

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We have it monetary but you could give days off, company swag?

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Public recognition, extra PTO, company swag

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We offer $1800 per referral. Paid after the new employee completes three months in the company.

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$3500 for a referral hires after 90 days

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Can you share the industry?

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Hi!

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