This post contains an excerpt from an article titled “Are You Offering the Right Referral Rewards? Referral Bonus Benchmarks for the Staffing Industry,” originally published by The Staffing Stream on April 28, 2022.
Not sure what to offer for qualified referrals? Or whether to pay out bonuses in increments or all at once?
The Staffing Stream recently published an article from our founder and president, David Folwell, that shares some tips for rewarding referrals, including benchmark data from our latest eBook.
Paying out referrals should be exciting because you know you’re getting your money back and then some. But to keep ambassadors from sending referrals to your competitors, you need to know how your referral rewards compare to others in your industry.
See the full article for more pointers on effectively rewarding referrals, or download our eBook to learn how to build a winning referral program.