Degreed Referral Bonus Program

Degreed values the contributions of its employees in building a talented and dynamic workforce. To encourage referrals, particularly in tech and product roles, Degreed offers a structured referral bonus program. Below is a detailed overview of the program, including estimated bonus amounts and applicable roles.

Referral Bonus Overview

Degreed's referral program is designed to incentivize employees to refer qualified candidates for open positions. The program focuses primarily on tech and product roles but extends to other key positions as well.

Eligible Positions

1. Tech Roles

   • Software Engineer
   • Data Scientist
   • DevOps Engineer
   • Front-End Developer
   • Back-End Developer
   • Mobile Developer

2. Product Roles

   • Product Manager
   • UX/UI Designer
   • Product Analyst
   • Product Marketing Manager

3. Other Key Roles

   • Sales Executive
   • Customer Success Manager
   • Marketing Specialist
   • HR Specialist

Bonus Structure

The referral bonuses are tiered based on the role's level and department. Here is an estimation of the bonus amounts:

• Tech Roles:

  • Junior Level: $1,500
  • Mid Level: $2,500
  • Senior Level: $4,000

• Product Roles:

  • Junior Level: $1,500
  • Mid Level: $2,500
  • Senior Level: $4,000

• Other Roles:

  • Junior Level: $1,000
  • Mid Level: $2,000
  • Senior Level: $3,000

Payment Terms

• The referral bonus is paid out once the referred candidate has successfully completed 90 days of employment.
• Bonuses are subject to applicable taxes and will be processed through the standard payroll system.

Eligibility Criteria

• All full-time employees, except those directly involved in the hiring process for the referred