Maximize Your Network: How Draftboard Connects Companies and Referral Bonuses for All Users

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Companies that offer role referral bonuses do so with the assumption that their employees know their work culture — and a role’s requirements — best. But what if companies were to open up those referral bonuses to people outside the organization? Draftboard lets employers post referral bonuses and have referrers compete to earn them by scouring their networks for talent. Free for companies, Draftboard notifies its roughly 1,000 referrers — in Draftboard’s parlance, “scouts” — as referrals move through the different stages of companies’ recruiting processes. Referrers are graded on the quality of their referrals, and Draftboard takes a 20% cut of each referral bonus.