Incentivizing Diversity Referrals And Seeing Results

Incentivizing Diversity Referrals And Seeing Results

As a result of providing corporate diversity and STEM recruiting solutions, we receive lots of questions in this area. By far, the most frequently asked question is “What single best practice has the most dramatic impact on diversity recruiting results?” Well without hesitation, our answer is …

“Focus your referral program on diversity and offer a significantly higher referral bonus for diversity hires.”

You may think that paying an extra bonus amount for diversity referral hires is a theoretical approach, but you would be wrong. Intel is the latest firm to jump on the “diversity bonus” bandwagon. It recently announced that it would double its regular referral bonus (up to $4,000) for targeted diversity hires (i.e. underrepresented minorities, women, and veterans).

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