As the economy has now recovered from the onslaught that slowdown blues created in the market, the upturn in the IT/ITeS industry is coming as a boon for certain employees, in the industry. As the projects have started to flow in a faster pace and the money even faster, the war for talent has already been ignited in the IT industry.

It may be noted here that companies like Cognizant is running a special referral campaign where the employee can get his hands on Hyundai i10 car, Kinetic bike, Samsung laptop and even holiday packages, that too just be referring a friend on the job. Moreover, companies like Internet infrastructure services firm VeriSign, which is accelerating hiring for a new product team is at top of list when it comes to payouts for referrals.

The company is paying a whopping amount of Rs. 1.5 lakh on one such successful referral. Even other companies like Sapient India and Mphasis have also been taking the referral program very seriously because of the increased resource demands in the industry. It is believed that referrals are an easier way to get technical guys which are in other case hard to spot.