Referral Economy

Springwise: Zubka, which launched recently, is hoping to shake up the British and European recruiting markets by creating a platform for hirers to tap into the social networks of active referrers.
A referrer’s reward depends on the starting salary of the person referred, but is normally between 6 and 8 per cent, according to Zubka. Successfully placing someone in a job with a basic salary of GBP 60,000 would therefore reap the referrer a tidy sum of around GBP 4,000. Joining Zubka is free for both referrers and hirers. Organisations with vacancies to fill can advertise jobs for referrers to browse through for as little as GBP 10 for a four week posting.
Recruiters are always looking for new channels that will help them find the right person for a job, so rewarding people for rooting through their valuable networks makes complete sense. More local versions to follow?
Tapping into the referral economy [Springwise]