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How Can You Get Creative With Your Referral Rewards?

Posted On : Feb-01-2015 | seen (835) times | Article Word Count : 448 |

Offering a reward is like dangling a carrot in front of an employee for referring a good candidate, the bigger the carrot appears to an employee, the greater the incentive to refer someone.
Offering a reward is like dangling a carrot in front of an employee for referring a good candidate, the bigger the carrot appears to an employee, the greater the incentive to refer someone. However if the same carrot is dangled for a long time, it starts to lose its appeal and employees no longer feel incentivized to refer. Getting creative with your referral rewards is another way to keep employees engaged and involved with the referral program as like all other things, sameness breeds boredom and monotony.


The good part about employee referral rewards is that it offers unlimited possibilities to get creative as motivations vary from employee to employee. In fact some organizations have even gone to the extent of conducting an office pool to find out what rewards excite and motivate their particular set of employees. Below is a list of some creative referral rewards that should help you raise the level of your referral program and get employees excited about participating in talent acquisition.


• Reward with an unforgettable experience


A hot air balloon ride, a wine tour or chocolate making course, a scuba diving experience are all experiences that all of us aspire towards but few are able to make them come true on their own. Offering employees an opportunity to participate in some unique experiences can help draw more referrals than ever before.


• Reward with a Social purpose


You can make your employee referral program much more meaningful and important by attaching it with a social cause. Giving employees an opportunity to adopt a charity of their cause and allocating funds for the same can be a great way to build social goodwill and keep employees engaged with the referral program for altruistic reasons.


• Leave the choice of rewards to employees


The benefits of a points based reward system are many.


• 1stly, it allows the organization to recognize desired actions by awarding points


• 2ndly, it allows creation of leaderboards where employees can compare their points vis-à-vis others


• 3rdly, it allows employees to redeem points against a gift of their choice, the greater the points, the bigger the reward. For instance 500 points could be redeemed for movie tickets or a dinner while 2000 points could possibly be redeemed for electronic gadgets like iPad or Speakers, or Kindle.


There are many ways to get creative, what works best for you depends on the organizational culture that you have and the kind of workforce that you employ.

Article Source : http://www.articleseen.com/Article_How Can You Get Creative With Your Referral Rewards? _311608.aspx

Author Resource :
Savio Vadakkan is the Marketing Professional at ZALP, a leading employee referral tool. ZALP enables organizations to boost their employee referrals by implementing an effective employee referral program.

Keywords : employee referrals solution, employee referral program, social media recruiting, employee referral, employee referral tool,

Category : Computers : Software

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