$30k employee referral program
hurry.team
$30k employee referral program
1–10 of 19 posts
Re: $30k employee referral program
#2"If employment is terminated for any reason or no reason at all by either employee or employer within the first year, incentives must be returned. "
good luck with that...
Re: $30k employee referral program
#3"If employment is terminated for any reason or no reason at all by either employee or employer within the first year, incentives must be returned. " good luck with that...
You just deduct it from the last paycheck.
Re: $30k employee referral program
#4> Extreme Ownership
> You approach everything you do as an owner and take responsibility both for successes and failures equally.
I have a funny feeling that I won't be an owner when its time to cash the checks.
Re: $30k employee referral program
#5essentially giving an additional signing bonus if referred by an internal employee. Wonder if they would still offer that if you just reached out directly to the company.
Re: $30k employee referral program
#6> If employment is terminated for any reason or no reason at all by either employee or employer within the first year, incentives must be returned.
If you want a guarantee, I'd recommend only paying once the guarantee is met. It's much easier than trying to get people to return money they've already assumed was theirs.
I've done tech recruiting for many startups and I typically charge 0 upfront, then 10% of base salary on the employee's start date and 10% after 6mo of full-time employment. In Hurry's case, maybe pay $7.5k on date of hire and $7.5k after 12 months.
I have plenty of folks in my network that would be a great fit and the $15k incentive (for my half) is respectable, but I wouldn't want to work under the terms as proposed unfortunately. A small tweak to the payment structure and this would be an excellent program that I'd jump at.
Re: $30k employee referral program
#7"If employment is terminated for any reason or no reason at all by either employee or employer within the first year, incentives must be returned. " good luck with that...
You just deduct it from the last paycheck.
Who is getting $15k every pay period?
Plus, the recruiter can be outside the company.
Re: $30k employee referral program
#8> If employment is terminated for any reason or no reason at all by either employee or employer within the first year, incentives must be returned. If you want a guarantee, I'd recommend only paying once the guarantee is met. It's much easier than trying to get people to return money they've already assumed was theirs. I've done tech recruiting for many startups and I typically charge 0 upfront, then 10% of base sala…
Yeah, places I've worked that offered referral bonuses typically deferred the bonus for 3-6 months to make sure the referred employee passes "probation" period.
Re: $30k employee referral program
#9another dime a dozen startup
Re: $30k employee referral program
#10A side effect of this is that the baseline for sign-on bonuses (if you're not "referred") is now effectively 30k. Anyone who applies directly should know that this money is already budgeted.