My firm (top 20) has had several new people start this week and just upped referral bonus from $10,000 to $15,000. Anyone else seeing signs of recovery?

likeuplifting
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That’s not a sign of recovery. It’s a sign they don’t have enough people and are scrambling.

Just wait until companies request additional reductions to tax & audit fees in Q420 and Q121.

likefunnysmart

Have seen some turnover since the end of busy season but significantly less than last year

Hell yea, refer me and we’ll split the money

likeuplifting

Just give me half of your Unlimited Vacation payout and you got yourself a deal!

funnylike

I think many firms didn’t realize how many good people would leave voluntarily once they started firing people. If they only meant for 2-5% to leave via layoffs and then 15% more head for the exits then you need to staff up or outsource the work, which is more expensive, and annoying. So yeah not sure if it’s a sign of recovery but a sign they they are understaffed.

like

My firm did not do layoffs, as far as I can tell

Just refer me and you can pay me $14000 I will give u 1k

likehelpful

Our firm, top 100, also just started pushing referral bonuses heavily ranging from 5k to 15k, they are hoping to capitalize on some big four layoffs to help fill in our own significant shortages. Honestly this busy season is going to be yet again somehow worse than the last one if they don't fill in the staffing shortages.

like

Who do you work for?

What if you refer five people, and the five people give you a cut when they refer 5 people, so on, hmmm

like

Don’t think of it as a pyramid scheme, but a pyramid team

like

holy shit what a bonus id become a full time recruiter instead of working

like

Sounds like MARCUM to me. Do you know how the bonus is paid out?

Also it makes me wonder why are they so desperate to bring people in....

Not hating, just a thought

like

It’s because people don’t last there. There always lay people off after busy season. Horrible company to work for.

What Service line are you in?

15,000k bonus? Just curious but what service line and what level are we talking about here?

Marcum 🙄

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