Ericsson Referral Bonus Program

Ericsson offers a comprehensive referral bonus program designed to attract top talent across various roles, including tech and product positions. This program encourages employees to refer qualified candidates from their network, rewarding successful hires with a monetary bonus. Here's a detailed overview of the referral bonus structure and potential earnings.

Referral Bonus Structure

Tech and Product Roles

• Software Engineers: $2,000
• Product Managers: $2,500
• Data Scientists: $2,500
• UX/UI Designers: $2,000

Other Roles

• Sales Professionals: $1,500
• Human Resources: $1,000
• Marketing Specialists: $1,000
• Finance Analysts: $1,000

Eligibility and Process

1. Eligibility: The referral bonus program is open to all Ericsson employees who refer candidates for open positions. However, certain restrictions may apply based on regional policies.

2. Submission Process:

   • Employees must submit referrals through the official Ericsson referral portal.
   • The referred candidate must include the employee's name on their application.

3. Bonus Payment:

   • The bonus is typically paid out after the referred employee has completed a probationary period, usually 3 to 6 months.
   • The payment is subject to tax deductions as per local laws.

4. Conditions:

   • The referred candidate must not have applied to Ericsson within the past 12 months.
   • Referrals must be submitted before the candidate applies for the position.

Benefits of the Referral Program

• Enhances Recruitment: By leveraging the networks of current employees, Ericsson can access a broader pool of qualified candidates.
• Promotes Employee Engagement: Employees are incentivized to participate in the company's growth and success.
• Cost-Effective: Referral programs reduce recruitment costs compared to traditional hiring methods.