Sample Policy: Employee Referral Bonus Policy
With unemployment at an all time low, recruiting and finding good candidates is becoming increasingly difficult. One strategy businesses can use to increase job referrals is to utilize employees as ambassadors to refer people the know to your available job openings. This document provides a sample policy which can be used to explain how your company provide a bonus to employees who refer candidates that end up being hired. It can be used as a standalone policy or as part of your employee handbook.