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Extra Cash

Most of us would appreciate the chance to earn some extra cash but from my anecdotal research I know that few people seriously consider the opportunity to make extra cash by referring their friends for relevant jobs.

It’s not just a pipe dream, it can be your reality too. In this video, I discuss 2 websites that will enable you to do just that; you do not have to be a recruitment consultant to connect your friends with jobs to help them continue or improve their career. The websites I discuss are just examples, there are many more offering similar incentives for helping companies to find the right staff. If you live outside of the countries I discuss in the video, do not lose heart because there are likely to be similar offers in your country too.

Referring Friends

In the video, the first website I discuss relates to the American employment market and then the second is relevant for the United Kingdom employment market.

Referring friends for relevant jobs can be a fairly lucrative activity because ultimately you will receive an amount equivalent to a percentage of the new employee’s salary without having to do a lot of work. It can be an excellent way of generating extra cash.

Next Steps

Make a list of friends who are looking for work and arrange a time for you to discuss with them the possibility of you referring them for a job. When you have, let me know in the comments section below.

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My aim with each blog post is to help you move to a better financial future. I believe that there is not enough financial education in the national curriculum and I intend to share anything helpful that I have learned along the way. I am by no means a financial expert. None of the information on this website constitutes financial advice and is provided as general information only. This is my personal finance blog; my marketing blog is over here and I have been blogging there since 2010. I hope you have found this information useful. Thank you for reading.

Best regards,

Mike

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In this post, I want share with you two great ways of earning money for referring people to businesses. When you recommend a person to a business as a prospective customer you are giving a referral. One of the key challenges for all businesses is attracting new customers; this explains why personal referrals can earn you great rewards. In this scenario, a referral will lead to a positive outcome for all parties concerned; the referrer, the referee and the business. The two referral apps that I have listed below are definitely worth you exploring because the referral reward available is significant. Keep reading if you want to find out more.

Make Money With Referral Apps

Referment

The first app that I would like to discuss is Referment, Referment is an app available for download from the App Store and Google Play Store.

How does Referment Work?

Referment is an app that rewards you for recommending people for jobs that are currently available and listed on the app. In a sense, you are taking the place of a recruitment consultant.

For example, if someone you know is a suitable candidate for the role of Software Development Technical Lead and you refer them via the app, you will receive a small reward if they secure an interview and then £1750 if they get the job and pass their probation. The rewards are listed below the roles available, as you can see in the picture above. Your reward may take a few months to arrive because of the probation period, but the rewards are worth the wait. You can track the progress of your reward within the app.

Image credits: https://referment.com/

Referment is open to anyone and there is no fee to download the app.

Refer Square

Refer Square is another free app available for download in the App Store and Google Play Store. Please note, at the time of writing, Refer Square is only available to businesses. The app gives businesses the opportunity to refer prospective customers to other businesses.

How does Refer Square Work?

If you are working with a client that needs legal advice you could refer them to a company registered on Refer Square. If your client starts working with the company after your referral, you will receive a reward of at least £250.

Image credits: http://refersquare.co.uk/

Both of these apps give you an opportunity to earn extra money without having to do a lot. In the past, I have referred people for roles without a reward so if the opportunity presents itself in the future I will use one or both of these apps. I have downloaded both onto my phone. I hope you get the chance to benefit too.

Have you referred people for jobs before? Will you be downloading these two apps? Let me know in the comments section below.