Refer new talent to Elastic Nv
California, United States
5,001-10,000 Employees
Tech
Typical Referral Bonus
According to employees, the average referral bonus at Elastic Nv is $5,000
Elastic NV Referral Bonus Overview
Elastic NV, a company known for its contributions to open-source search and analytics software, offers a competitive referral bonus program to encourage employees to refer top talent for open positions. This program is particularly focused on strengthening the team with highly skilled individuals in tech and product roles, but it also extends to other departments.
Referral Bonus Structure
The referral bonus program at Elastic NV is structured to reward employees for successful referrals that lead to a hire. The bonus amounts vary depending on the role and its level of seniority. Below is an estimated breakdown of the referral bonuses:
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Tech/Product Roles:
- Junior Positions: $2,000
- Mid-Level Positions: $3,500
- Senior Positions: $5,000
- Leadership Roles (e.g., VP, Director): $7,000
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Other Roles (e.g., Marketing, Sales, HR):
- Entry-Level Positions: $1,000
- Mid-Level Positions: $2,000
- Senior Positions: $3,000
- Leadership Roles: $5,000
Eligibility and Process
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Eligibility: All full-time employees of Elastic NV are eligible to participate in the referral program, with the exception of HR personnel and hiring managers directly involved in the recruitment for a specific position.
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Process:
- Submission: Employees can submit referrals through the internal referral portal, providing details about the candidate and the role they are being referred for.
- Evaluation: The recruitment team evaluates the referral. If the candidate is hired and successfully completes a probationary period (usually 3 months), the bonus is distributed.
- Payment: The referral bonus is typically paid out in the payroll following the completion of the new hire’s probationary period.
Impact and Benefits
The referral bonus program at Elastic NV not only incentivizes employees to
Financials
Type
public
Annual Revenue
--
Market Cap
$10.6B+