Ellucian Referral Bonus Program

Ellucian, a prominent provider of software and services for higher education, offers an attractive referral bonus program aimed at attracting top talent, particularly in tech and product roles. Here's a detailed overview of the program, including estimates and numbers, to help potential referrers understand the benefits.

Overview of the Referral Bonus Program

Ellucian values the contributions of its employees and believes that they can be instrumental in bringing talented individuals into the organization. The referral bonus program is designed to encourage and reward employees for referring qualified candidates who successfully join the company.

Eligibility

• Who Can Refer: All full-time employees are eligible to participate in the referral program.
• Eligible Positions: While referrals are encouraged for all open positions, there is a particular emphasis on hard-to-fill roles such as those in technology and product development.

Referral Bonus Structure

The referral bonus varies depending on the role for which the candidate is hired. Here's a detailed breakdown:

Tech/Product Roles

• Software Engineer: $5,000
• Product Manager: $5,000
• Data Scientist: $6,000
• UX/UI Designer: $4,500
• DevOps Engineer: $5,500

Other Roles

• Sales Executive: $4,000
• HR Specialist: $3,000
• Marketing Manager: $3,500

Payment Process

• Installments: The bonus is typically paid out in two installments:
  • 50% is paid after the new hire completes 90 days of employment.
  • 50% is paid after the new hire completes six months of employment.
• Payroll: Bonuses are processed through the regular payroll system and are subject to applicable taxes.

Program Terms

• Referral Submission: Employees must submit referrals through the internal referral portal before the candidate applies.