May 27, 2021

How to Earn Money Through Job Referrals and Networking

Hiring the right candidate can be tricky. We know, because we’ve been there ourselves! But you know what helps makes things easier? – Job Referrals and Networking!

Many new tech companies are unable to hire the right talent because there is a lack of reliable networking tools that point them in the direction of qualified candidates. Many qualified candidates miss out on amazing opportunities because their professional network does not extend far enough to connect them with the right companies. This is where job referrers come in! Apart from being a great way to ensure you find the right fit for your company, job referrals are also an amazing chance to earn money from home.

Here are some tried and tested steps on how to earn money from home with Refer HR that will help you understand why job referrals are so important. Trust us, it’s easy as pie!

Step 1: Create an account with us

Yes, we know that sounds super tedious and you’d rather be looking at that cute puppy video but setting up a profile on Refer HR will take you less than 80 seconds. Don’t believe us? Give it a shot and see!

Step 2: Take a gander at the open jobs

Now that you’re official all signed up, take a look through tons of available job opportunities. They can be filtered by job type, title, company name or location which makes it super easy for you to make those job referrals. (woah! technology!)

Step 3: Refer your friends/colleagues

Spread the word to your friends or colleagues who are looking for their next opportunity. Trust us, there are plenty of opportunities to be found on our job boards! You can even share the post directly with them via email so that they can apply to the job directly.

Step 4: Rewards, Rewards, Rewards!

When your candidate applies for an open position and gets hired through Refer HR, guess what you get (apart from the warm and fuzzy feeling of helping a friend in need)? You get – drumrollllll - 5% of the total yearly compensation package just for finding the right candidate! This is what Refer HR offers, but there are also other companies who have their own compensation system for job referrals. Is there an easier way to earn money from home? We don’t think so!

So why are job referrals important? Let’s take a look at some of the other reasons why you should use your amazing networking skills to refer a friend or colleague.

I. You can be a catalyst in influencing smart hiring decisions

Get in on that action and use your position as a valued employee by steering your company towards making smart hiring decisions. You are essentially saving your company a ton of money that may have gone towards hiring a third party to find them a candidate for the job. This also tells the management that you are a dedicated professional with sound judgement. The next time they’re making a big decision, who are they going to call? – YOU!

II. You can earn more money

Aside from the massive karmic points you’re earning, job referrals are a great way for you, the referee, to earn money from home. Most companies have a referrals reward that they offer when the person whom you’ve referred is hired for the position. For example, some companies even offer you up to $1500 for every candidate who has been hired via referral. There are a million ways to earn money, but to earn money through job referrals and networking is definitely one of the more satisfying means.

III. You build a stronger network

Why is networking important? In today’s professional world, making meaningful connections go a long way because what goes around, tends to come back around! The person you’re referring today could be in a position to offer you a fantastic opportunity in the future or could even end up as a potential client.

IV. You can explore new career paths

Job referrals are also a great way to explore another career path for yourself, like that of a career consultant or recruiter. Many of us struggle with the thought that we are too old or it’s too late in the day to change your career path, but sometimes, the most unexpected opportunities come along to take you on a whole new career path!

What are some things to keep in mind while looking to earn that extra moolah through job referrals and why is networking important? – we hear you ask!

1) Keep an eye on the positions that are open currently in your company and talk to your HR or your manager about the various job referral reward systems that the company offers.

2) Check in on that friend or colleague who you know is job hunting currently and educate yourself on their skillset to see if they are a match for any of the open positions.

3) Refer the right person, and make sure you are a 100% confident in your referral. There is nothing that shatters your credibility more with a company than recommending a candidate you don’t personally think is a good fit. Remember, if you’re not convinced in the fit yourself, how will the hiring manager be convinced?

4) Once you refer someone to your employer, it’s not guaranteed that they will reach out to that person. The best way to ensure that it happens? – Follow up. Remember that if you do not ask, you will never know. So don’t hesitate to follow up and see what happened to your referral.

Multiple channels of income have become the norm in today’s world, so why not take advantage of the resources you have at your disposal and earn money, right? We are aware that job referrals take time, hard work and commitment; all of which should not go unrewarded, which is why we insist on having strong reward systems in place so that you can earn money from home.

We at Refer HR believe that the best way to find that rockstar candidate is through job referrals and networking. If that referee is you, what are you waiting for? Use those magical networking skills of yours and start making those job referrals today!