The incentives are aligned. You only get paid for referring (presumably) _good_ candidates that get hired, and the company saves a huge amount of money and hass

The incentives are aligned. You only get paid for referring (presumably) _good_ candidates that get hired, and the company saves a huge amount of money and hassle on not having to deal with and pay an external recruiter (which can cost something like 25% of a new hires first year base salary).