Referral bonus的意思
"Referral bonus" is a term commonly used in the context of employee referral programs, where current employees are incentivized to refer potential job candidates to their company. The referral bonus refers to the financial reward or other form of compensation that the referring employee receives if the candidate they refer is successfully hired and meets certain criteria, such as completing a probationary period or achieving a specific milestone.
The purpose of such programs is to leverage the existing employees' networks to identify and attract high-quality candidates, as well as to foster a sense of community and reward among the workforce. Referral bonuses can vary widely in amount and form, depending on the company, the position being filled, and local labor market conditions. They may be paid as a one-time lump sum, a percentage of the new hire's salary, or in the form of equity, gift cards, or other rewards.
To qualify for a referral bonus, there are often specific requirements that must be met, such as:
- The referred candidate must be hired for a position that is eligible for the referral program.
- The new hire must typically remain with the company for a certain period, often 30, 60, or 90 days, or sometimes longer.
- The referring employee may need to meet certain criteria, such as being an active employee at the time of the bonus payout.
Referral bonuses are a form of employee benefit or incentive that can help reduce the cost of recruitment for companies, as referrals often lead to hires that are more likely to be successful and stay longer with the company.