Yakezie.com - Topic: Job Referal Fee

Buck Inspire on Job Referal Fee

Mon, 28 Nov 2011 23:07:14 +0000

Hi Barb, Mary, Evan, KC, Jeffrey, MB, and Khaleef,

Appreciate the feedback. You guys are the bestest!

Khaleef @ KNS Financial on Job Referal Fee

Mon, 28 Nov 2011 09:19:32 +0000

Congratulations on the new job! As others have said, I think that dinner and a gift would be better than cash.

MoneyBeagle on Job Referal Fee

Mon, 28 Nov 2011 05:00:30 +0000

Yeah, I don't think cash is in order and as others said, their company may indeed be shooting them over some of that (we have a referral program at our company that would pay us between $1,500 and $4,000 for each position we refer that gets filled). But, definitely a thank you could be in order in terms of a dinner or maybe a gift card so they could take their family out (if you weren't in a position to see them often)

Jeffrey Trull on Job Referal Fee

Sun, 27 Nov 2011 19:04:26 +0000

I would say a dinner or another non-cash gift would make sense. Giving someone cash in a situation like this always feels a bit awkward, but giving a gift of equal value is much easier in my opinion.

krantcents on Job Referal Fee

Sun, 27 Nov 2011 17:49:07 +0000

Congratulations on the new job! I would probably buy him lunch or dinner.

MyJourneytoMillions on Job Referal Fee

Sun, 27 Nov 2011 15:19:27 +0000

Congrats on the new job! I would say that dinner would be perfect or a small actual item but cash might be weird.

WorldofFinance on Job Referal Fee

Sun, 27 Nov 2011 14:51:59 +0000

As others have pointed out, a nice dinner would suffice. :) Congrats again Buck!

Barbara Friedberg on Job Referal Fee

Sun, 27 Nov 2011 10:11:11 +0000

Hunter @financiallyc said:

I wouldn't pay a referral fee, but perhaps a really nice meal at a quality restaurant is a better way to show your gratitude. I know I would feel very awkward if presented with cash for simply suggesting the best person for the job. Keen to hear other perspectives on this.

THis is what I would do! If the friend was in financial trouble I might give them a gift card to Target!

Buck Inspire on Job Referal Fee

Sun, 27 Nov 2011 10:06:57 +0000

Thanks PKamp3! I actually suggested during the interview to give my friend a referral bonus. He said he would look into it. But in case that falls through, I wanted to make sure my friend was covered some way.

PK @ DQYDJ on Job Referal Fee

Sat, 26 Nov 2011 10:27:37 +0000

How big is the company? Like Penny Pincher said, your friend might already have a referral bonus coming his/her way... especially if you're getting a raise (it's probably based on the level you got hired into). Even if he or she doesn't, this situation doesn't really call for you to pay for the referral. That said, definitely dinner or an event (like a sports game).

Also, write a Thank You card, but I'm sure you've got that covered already.

Buck Inspire on Job Referal Fee

Sat, 26 Nov 2011 07:33:31 +0000

Thanks all for the great advice! Guess with the holidays coming, was in a giving mood. In my mind, I wouldn't have landed the job or the raise without my friend's referral so I thought I'd give him a cut. Appreciate the help and hope you all had a wonderful Thanksgiving!

MoneyIsTheRoot on Job Referal Fee

Sat, 26 Nov 2011 07:09:19 +0000

Yeah a nice dinner is quite sufficient. Some companies offer referral fees, mine offers quite a bit actually. However, I wouldnt expect money from a friend if I did them a favor...I wouldnt call that being friendly lol.

Miss T @ Prairie Eco-Thrifter on Job Referal Fee

Sat, 26 Nov 2011 06:12:38 +0000

I with Hunter too. A gift of gratitude like a dinner or something would be just fine. I don't think any of my friends would even expect a referral fee.

Penny Pinching Professional on Job Referal Fee

Sat, 26 Nov 2011 05:17:50 +0000

I agree with everyone else who has said that you shouldn't give your friend a referral fee, and would also add that many companies, especially larger ones, will give their employees referral bonuses if they help recruit new talent.

Frugal Confessions on Job Referal Fee

Sat, 26 Nov 2011 05:09:23 +0000

I am with everyone else so far and agree with Hunter that a nice dinner could be warranted.