Bonus stacking

When I run a start-up, I like to put in place a clearly defined hiring referral programme as early as possible and make it as explicit as possible to all employees and contractors.

Bring us someone’s resume and we bring them in for an interview?

$500.

We hire someone?

25% of a generous referral bonus on hiring.

50% of the remaining referral bonus after first successful performance review (usually within 90 days).

25% upon promotion or after the 1st year anniversary of the new hire.

And make the referral bonuses stack: Percentage increases in referral bonus for each new hire you bring us.

Refer a new hire to us that is an asset to our company and that new hire stays around for a year?

Let’s make damn sure you are incentivized to bring us a second new hire referral.

And a third.

Why limit the referral bonus to a stingy $1,000 when we can be generous?

If you are bring us great people, we should be falling over ourselves to make sure you keep bringing us great people.