
Refer new talent to Cincinnati Children's Hospital Medical Center
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Healthcare
•Non Profit
•Education
•Government
Typical Referral Bonus
According to employees, the average referral bonus at Cincinnati Children's Hospital Medical Center is $5,000
Cincinnati Children's Hospital Medical Center Referral Bonus
Cincinnati Children's Hospital Medical Center (CCHMC) offers a structured referral bonus program to encourage current employees to refer qualified candidates for open positions, including tech and product roles. The referral bonus program is designed to attract top talent by leveraging the networks of existing staff, thereby filling critical roles with skilled professionals.
Key Features of the Referral Bonus Program
Eligibility
- Who can refer: All current employees are eligible to participate in the referral bonus program, except those involved in the hiring process for the referred position (e.g., HR staff, hiring managers).
- Who can be referred: External candidates who are not currently employed by CCHMC and have not been employed by the hospital within the last 12 months.
Bonus Structure
- Tech/Product Roles: Employees referring candidates for hard-to-fill tech and product positions are eligible for a referral bonus ranging from $2,000 to $5,000, depending on the role's level and complexity.
- Other Roles: Referral bonuses for non-tech roles typically range from $500 to $2,000, reflecting the demand and difficulty of hiring for these positions.
Payment Details
- Disbursement: The referral bonus is usually paid out in two installments:
- First installment: 50% of the bonus is paid when the referred candidate successfully completes 90 days of employment.
- Second installment: The remaining 50% is paid after the referred employee completes six months of continuous employment.
- Tax Implications: Referral bonuses are considered taxable income and will be reflected in the referring employee's paycheck along with applicable taxes and deductions.
Additional Conditions
- Position Eligibility: Not all positions qualify for a referral bonus. A list of eligible positions is typically provided to employees, often focusing on roles that are challenging to fill.
- Referral Process: Employees must submit referrals through the designated internal portal
Financials
Type
private
Annual Revenue
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Market Cap
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Amount Raised
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