Consolidated Edison Referral Bonus Overview

Consolidated Edison, commonly known as Con Edison, offers a referral bonus program to incentivize current employees to refer qualified candidates for open positions. This program helps the company attract top talent, particularly in competitive fields such as technology and product management. Below is a detailed overview of the referral bonus structure, with a focus on tech and product roles, as well as other positions.

Referral Bonus Structure

Tech/Product Roles

• Eligibility: Current employees can refer candidates for tech and product roles, including software engineers, product managers, data scientists, and related positions.
• Bonus Amount: The referral bonus for tech and product roles typically ranges from $1,500 to $3,000. The exact amount may vary based on the level of the position and the demand for specific skills.
• Payment Terms: Bonuses are usually paid out in two installments:
  • First Installment: 50% of the bonus is paid after the referred candidate completes 90 days of employment.
  • Second Installment: The remaining 50% is paid after the candidate completes one year of employment.

Other Roles

• Eligibility: Employees can also refer candidates for non-tech roles, including administrative, customer service, and operational positions.
• Bonus Amount: For these roles, the referral bonus generally ranges from $500 to $1,500.
• Payment Terms: Similar to tech roles, bonuses are paid in two installments, contingent upon the new hire's continued employment.

Additional Considerations

• Referral Process: Employees must submit referrals through Con Edison's internal referral portal, ensuring the candidate lists the referring employee's name on their application.
• Eligible Positions: The referral program typically applies to full-time positions. Temporary or contract roles may not be eligible for a referral bonus.
• Exclusions: Senior management and HR personnel may be ineligible to receive referral bonuses due to potential conflicts of interest.