Frankly - I just don't think paying extra to the new hire makes sense. Any way you put it - it's essentially just a one time yearly bonus for being referred.

Frankly - I just don't think paying extra to the new hire makes sense. Any way you put it - it's essentially just a one time yearly bonus for being referred. Which... is not something you really put any effort into. And why should that person get a free bonus compared to applicants who apply themselves? Further - as a new hire, I'm much more interested in making sure that long term compensation is appropriate, and that I have the ability to get decent raises or equity than I am in a 15k one time payout (that comes with a lot of strings).