What is an employee referral scheme?
An employee referral scheme is a recruitment method whereby an employer offers existing employees a referral bonus for each candidate they refer to the company’s recruitment process who is subsequently hired. Bonuses vary and are defined by each individual employer. They can range from simply recognition and thanks, to financial bonuses or prize draws. Check your intranet or ask your HR department if you have a referral policy. TheCareerMole is not a middleman – we do not pay referral bonuses – we just help you to earn them from your employer. Recruitment via an employee referral scheme is more efficient and effective than traditional recruitment simply because there is no middleman or broker between the job hunter and the corporate recruiter. Learn more or register now.