Enact Holdings Referral Bonus Program

Enact Holdings values the importance of connecting with skilled professionals and recognizes the vital role employee referrals play in attracting top talent. To incentivize the referral process, we offer a competitive referral bonus program, especially focused on tech and product roles, though applicable to other positions as well.

Referral Bonus Structure

Tech/Product Roles

• Software Engineers

  • Referral Bonus: $5,000
  • Estimates: Based on historical data, approximately 40% of our hires in this category come from referrals. With an average annual recruitment goal of 25 engineers, this equates to about 10 referrals, costing $50,000 in bonuses.

• Product Managers

  • Referral Bonus: $4,000
  • Estimates: Around 30% of product manager hires are through referrals. If we aim to hire 10 product managers annually, this suggests 3 hires via referrals, totaling $12,000 in bonuses.

• Data Scientists

  • Referral Bonus: $4,500
  • Estimates: Given the specialized nature of these roles, 35% are hired through referrals. For a target of 8 data scientists per year, this results in approximately 3 hires, translating to $13,500 in bonuses.

Other Roles

• Sales Professionals

  • Referral Bonus: $3,000
  • Estimates: With sales teams often growing rapidly, 25% of new hires come from referrals. For a goal of 20 hires, this means 5 are referrals, costing $15,000.

• Customer Support

  • Referral Bonus: $2,000
  • Estimates: Referral rates are slightly lower, at 20%. For 15 new hires, 3 would typically come through referrals, amounting to $6,000.

Eligibility Criteria