[lyaa]

Perhaps a version without the payment aspect but with rewards would have been received better. Say a potential referrer would sign up and get three reference tokens (which expire) periodically. Then they can use one to support a person they know for a position. If the employee lasts for two months, they get two tokens and some monetary reward.

Honestly, the barrier of having to sign up to act as a reference for someone might be too much on its own. But, if they manage to get people with good professional networks participating it might be valuable.

[lalaland1125]

I don't think you need the token system. I think you just need some non-monetary cost.

What about just asking references to write a couple of paragraphs?

[lyaa]

Having to write a couple of paragraphs is not bad per se, just not sufficiently interesting on its own. some current referral systems already request reference letters and reward successful referrals.

It might be fun to try out a system with a limited number of referrals one can submit that rewards consistent good recommendations.