
Refer new talent to Calendly
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250-500 Employees
Tech
Typical Referral Bonus
According to employees, the average referral bonus at Calendly is $5,000
Calendly Referral Bonus Program
Calendly offers a referral bonus program to encourage employees and external partners to refer qualified candidates for open positions within the company. This program is designed to attract top talent, particularly in tech and product roles, by leveraging the network of existing employees and stakeholders. Below, we detail the referral bonus structure, estimated amounts, and the process for participating in the program.
Referral Bonus Structure
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Eligibility: All current employees and external partners are eligible to participate in the referral program. However, the bonus is only applicable for specific roles, predominantly in the tech and product sectors.
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Roles Covered:
- Software Engineers
- Product Managers
- UX/UI Designers
- Data Scientists
- DevOps Engineers
- Other high-demand tech roles
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Bonus Amounts:
- Tech/Product Roles: Up to $5,000 per successful referral
- Other Roles: Up to $2,500 per successful referral
Bonus Details
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Payment Schedule: The referral bonus is typically paid out in two installments:
- 50% upon successful hire and completion of the candidate’s first 30 days.
- The remaining 50% after the candidate successfully completes 6 months of employment.
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Conditions:
- The referred candidate must be successfully hired and complete the specified duration of employment for the referrer to receive the full bonus.
- Referrals must be submitted through the official referral process to be eligible for the bonus.
Estimated Impact
- Average Cost Savings: By leveraging referrals, Calendly can save an estimated 20-30% on hiring costs compared to traditional recruitment channels.
- Retention Rate: Referred employees generally have a higher retention rate, with estimates suggesting they are 15% more likely to stay with the company for over a year compared to non-referred hires.
How to Participate
1
Financials
Type
private
Annual Revenue
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Market Cap
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Amount Raised
$350M+