Refer new talent to Cna Financial
Illinois, United States
10,000 Employees
Finance
•Insurance
Typical Referral Bonus
According to employees, the average referral bonus at Cna Financial is $5,000
Certainly! Below is detailed information on CNA Financial's referral bonus program, particularly focusing on tech and product roles, with estimates and numerical examples:
CNA Financial Referral Bonus Program
CNA Financial values employee referrals as a key strategy for recruiting top talent across various departments, including technology and product management. The referral bonus program is designed to reward employees who refer qualified candidates that are successfully hired and retained.
Program Highlights
- Eligibility: All full-time employees are eligible to participate in the referral program, except for those in HR or recruitment roles.
- Eligible Positions: The program covers a wide range of roles, with a specific emphasis on high-demand positions such as:
- Software Developers
- Data Scientists
- Product Managers
- UX/UI Designers
- Business Analysts
Referral Bonus Structure
The referral bonuses are tiered based on the level and demand of the position:
- Tech and Product Roles:
- Entry-Level Positions: $1,000
- Mid-Level Positions: $3,000
- Senior-Level Positions: $5,000
- Other Roles:
- Bonuses for non-tech roles typically range from $500 to $2,000, depending on the level and department.
Payout Conditions
- Initial Payment: 50% of the bonus is paid after the referred candidate completes 90 days of employment.
- Final Payment: The remaining 50% is paid after the candidate reaches their six-month employment anniversary.
- Restrictions: The referred candidate must not have applied to any CNA Financial positions within the past 12 months.
Example Scenario
Let's consider a practical example to illustrate the referral bonus for a tech role:
- Position: Senior Software Developer
- Referral Bonus: $5,000
- Initial Payment: $2,500 (after 90 days)
- **Final Payment
Financials
Type
public
Annual Revenue
--
Market Cap
$13.5B+