Just for fun - Which company has the best referral...
# random
h
Just for fun - Which company has the best referral bonus policy? My previous company used to give cash bonus of 1.5L in case of a successful hire, nothing in the new company. Curious to hear about others.
a
Got 75k bonus once after referring a junior SRE at Media.net
f
We have $1000 up-to $3000 of bonus on hire and if the hire ends up getting discretionary bonus (kind of a performance award) within their first 3 months at work, we get another $1000. More details available here https://about.gitlab.com/handbook/incentives/#referral-bonuses
😱 11
💵 10
c
Fynd has 4-7% annual CTC referral bonus!
f
incentivising referrals a lot is a double-edged sword, as long as they’re reasonable, it is fine. 🤷
h
For big companies like Google/Stripe its just a numbers game. I have seen anonymous forms being floated on HN where current employees will refer the candidates sources via these anonymous forms. In those cases companies do not benefit from the referral hiring funnel. But then these companies are too big to care.