Hiring on a Budget

May 22, 2017

Employers with tight recruiting budgets can still hire excellent employees through word of mouth and other inexpensive methods, consultants say. ‘‘Encourage your employees to refer their peers and acquaintances within your industry,’’ Emily Elder, practice development manager at San Jose, Calif.-based out-placement services company RiseSmart, told Bloomberg BNA in a May 17 email. ‘‘Offer a reasonable gift to employees whose referral is hired. Inexpensive examples include offering an extra day of PTO or a gift card.’’