Certainly! Below is a detailed explanation of the Caterpillar referral bonus program, particularly focusing on tech and product roles, along with some general insights for other positions.

Caterpillar Referral Bonus Program

Caterpillar values employee referrals as a key component of their recruitment strategy, recognizing that current employees can help identify top talent. The referral bonus program is designed to reward employees who successfully refer candidates who are hired and perform well in their roles.

Referral Bonus Structure

Tech/Product Roles

• Software Engineers, Data Scientists, Product Managers, etc.
  • Bonus Amount: Typically ranges from $2,000 to $5,000.
  • Payout Schedule:
    • 50% after the referred employee completes their first 90 days.
    • 50% after the referred employee completes one year of employment.

General Corporate Roles

• Marketing, Finance, HR, etc.
  • Bonus Amount: Usually ranges from $1,000 to $3,000.
  • Payout Schedule:
    • 50% after the referred employee completes their first 90 days.
    • 50% after the referred employee completes one year of employment.

Skilled Trades and Manufacturing Roles

• Bonus Amount: Generally $500 to $1,500.
• Payout Schedule:
  • 100% after the referred employee completes their first 90 days.

Eligibility Criteria

• The referring employee must be an active Caterpillar employee at the time of the referral and when the bonus is paid out.
• The referred candidate must not already be in the recruitment pipeline or have been employed by Caterpillar in the past 12 months.
• Referrals for temporary or contract positions are typically not eligible for bonuses.

How to Refer a Candidate

1. Submission: Employees can submit referrals through the internal HR portal or directly via email to the recruitment team. 2