Cabot Corporation Referral Bonus Program

Cabot Corporation values employee referrals as a key component of its talent acquisition strategy, especially for tech and product roles. The referral program is designed to incentivize current employees to refer qualified candidates for open positions by offering a competitive bonus structure.

Referral Bonus Overview

Tech/Product Roles

• Software Engineers, Data Scientists, Product Managers:
  • Bonus Amount: $3,000
  • Eligibility: Bonus is payable after the referred candidate completes 90 days of employment.

Other Roles

• General Corporate Roles (e.g., HR, Marketing):

  • Bonus Amount: $1,500
  • Eligibility: Bonus is payable after the referred candidate completes 90 days of employment.

• Senior Leadership/Executive Roles:

  • Bonus Amount: $5,000
  • Eligibility: Bonus is payable after the referred candidate completes 6 months of employment.

Program Details

• Who Can Refer: All full-time employees are eligible to participate in the referral program.
• Candidate Eligibility: Referred candidates must be new to Cabot Corporation and not exist in the company's applicant database prior to the referral.
• Referral Process:
  • Employees must submit the candidate’s resume and relevant details through the internal referral portal.
  • The referral must be acknowledged by the recruitment team to qualify for the bonus.

Additional Guidelines

• Payment Process: Referral bonuses are processed through payroll and are subject to taxes.
• Multiple Referrals: If a candidate is referred by more than one employee, the bonus will be awarded to the employee who submitted the referral first.
• Exclusions: Temporary or contract positions do not qualify for referral bonuses.

Cabot Corporation encourages employees to participate actively in the referral program to help build a strong workforce and foster community growth while being rewarded for their contributions.