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0 pointsAperocky3y ago0 comments

This is the reason why employee recommendation have far higher success rate.

0 comments

Now someone just needs to tell companies that the way to reward those is with significant cash in hand.

I've had companies offer $500 for a referral, if that person took the job and stayed with the company for at least 6 months (this was for a position with a salary of ~50$ per hour).

giobox3y ago

In my experience, most halfway respectable companies already do?

500 bucks is IMO on the low side for an employee referral in the US if it's for software engineering... the amount of money you save the hiring team alone in recruiting efforts is often in the thousands of dollars, and they often stay longer and are often the best hires - not surprising if former colleagues they like are already there...

For roles I've worked, I've never seen less than $2k offered for a successfully recommended technical hire, both at startups and BigCos. Most places I've worked have offered around $5k.

askafriend3y ago

I've never seen less than $5k, and for much needed roles it's usually at least $10k.

I think it just comes down to the quality of company.

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