I would feel extremely weirded out if someone who helped me get a job offered to give me cash out of their bonus. Pay off your old car, use part of the rest for a "more than we would generally spend on ourselves" experience with your friend. Maybe a fancy dinner with all the wine and desserts as suggested. Maybe you share a hobby that you could take him for an outing related to? A guided day-fishing tour? If you both like prestige alcohols, maybe splurge on something ridiculous: like a bottle of Pappy or Sam Adam's Utopia to split while you hang out for an evening?
Basically -- no "gifts," but, whatever your friendship's version of "I'm happy to have you around and I'd like to treat you to a celebration" looks like. The benefit to them is that they have a new hopefully better job. The benefit to your company is that they hopefully have a known quantity coming to work for them.
Everybody wins! If you feel awkward about it, you could take your friend out to lunch or dinner or something to welcome them to the new company, or to buy them a nice bottle of wine to celebrate, but otherwise I think that money is yours to spend. I understand the inclination to do this but nah. Good work and keep that money to yourself!
Are there any strings on the money? Can it be yanked back by the company if the person you referred leaves before a year is up? I don't think you have to share it. Finding someone a job is usually considered a large favor. There are tons of other sites you can use too, and they are good sources of getting referrals.
Ad posting sites are also great for this purpose. Place your Ads, including your referral links, on different ad posting websites, e. Use those who are free and see if they work for you or not. You could also work with flat referral fees. How does Refer a Friend work? Venmo is currently offering the opportunity for users to earn a bonus for inviting their friends. You may get a little bonus for paying that friend back. You found somebody qualified to do the job. Presumably they accepted this job because they feel that it has something to offer them, likely including increased pay.
You are being compensated for your ability to find this person. Why would it be otherwise? If you feel guilty, take your friend out to celebrate his hiring, spending some of your bonus money. It is of course yours to do with as you please. On the other hand, I know several people who have split theirs or given a portion to the person that was hired as a thank you for using me as your referral. I kind of think it depends on the size of the referral bonus.
When I worked at Lockheed, there was a period of time when the bonus was like 3k, if I had managed to get someone hired, I would have given them 1k of that money.
Keep it. The only situation I'd consider splitting it is if it was a very good friend of mine, in a situation like Timothy Mark described: "Hey, I'm applying for a job at your company either way. Want to get a referral bonus? I usually split these, just because I cannot stand to make a buck off of a friends back.
I say keep it; maybe take him out for a beer. After all, what if he turns out to be a sucky employee? Do you want to pre-reward him for that?! I would buy them a beer. But the money is yours. While I wouldn't hide the info from them, you have no obligation to share. If they think you do, I would re-consider referring them and find someone with less selfish ideals.
Yeah, there's really no reason why you should split it. The company is paying you for looking out for their interests. It's an arrangement between you and the company you work for. If this person is a good friend of yours, I would spilt it. Why be greedy? You wouldn't get this "bonus" if you didn't know the friend. I'd split it, or take them out to dinner or something.
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