When I was a senior giving a gift to the person you recruited was common when you received the referral bonus. What would an appropriate gift be?

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Take them to lunch/dinner?

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Oh yikes is that common?? I’ve gotten a couple referral bonus’ for Staff 1 (so not a boatload of money) and I figured them getting the job was gift enough. Besides the firm withheld like 40% in tax which is funny because they know how much I make and I’m a long way from the top brackets! 🤷🏼‍♂️

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The firm doesn’t decide how much to withhold. IRS publishes separate formulas for wages and for bonuses.

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Wireless phone charging mouse?

If someone gets you a 3-4K bonus and you weren’t doing them a real favor..I honestly don’t think a $300-500 watch is out of the question. A very nice steak dinner with wine at the very least

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