The 10 BestCorporatePractices
Employee-referralbonuses, town hallmeetings, and matchingcontributions are some ofthe tactics that makepeople feel good abouttheir employers
By Liz Ryan
I don't remember when I first heard aboutemployee-referral bonuses, but I remember how jazzed I was once I understood the concept. The company needsemployees — the current employees have friends — it's a match made in heaven. Done right, an employee referral bonusprogram can lower the cost of hiring, improve morale, and lower turnover, and what company wouldn't kill for thosethings?I've been a fan of employee-referral bonuses for at least 20 years, and that's why they've made our list of the 10 BestCorporate Practices. This list — 10 ideas that make great sense for employees and for the organizations that employthem -- is the sister list to our 10 Worst Corporate Practices roster.
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