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Startups: Is making a platform for employee referrals a good idea, as in an idea for which people would pay ?
Arjun Buxi, Executive Coach and Communication Expert answered:

Could be! You do raise a good, unexplored space of connecting and monetizing referrals. I've been working with a few HR startup types and I do know that this would be valuable resource.

The trick is the angle you take - is this 'buddies helping buddies' in a quiet, hidden informal way, or is this sponsored by and for the organization and routed through the recruiter?

Another dimension is intra-company as well as inter-company referrals - wall street and finance businesses have a lot of inter-connections and this could be an interesting connective.

I'd love to offer more suggestions over a phone call! Your purpose and qualifications will make our strategy more concrete.

Best,
Arjun.

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