Referral Bonus Program Design

[Guest Pamela Lucas]

Looking for no or low cost ideas and plan design to start up an employee referral bonus plan.

Would like suggestions, ideas, or info on how other companies are implementing this type of program.

Please email reply or fax info to (408) 432-8373.

Thank you.

[Sheila K]

Pamela:

I just located a web-site that might give you a good start in this area. Try:

http://www.w-p.com/wessels/alert.htm.

Sheila K

[Guest Nancy Hill]

Just implemented a referral bonus plan.The applicant must indicate employee's name on application.If we hire,employee will receive $100(added to paycheck and taxed)within 2 weeks of the individual passing 90 days employment.If the individual is still with us after 1 year, we pay the employee another $100.The bonus amt needs to be big enough to provide an incentive to participate but small enough to keep cost down. $100-200 lots cheaper than newspaper ad or agency fees!