Refer new talent to Everquote
Massachusetts, United States
501-1000 Employees
Insurance
•Tech
Typical Referral Bonus
According to employees, the average referral bonus at Everquote is $5,000
EverQuote Referral Bonus Overview
EverQuote, a leading online insurance marketplace, offers a referral bonus program to incentivize employees to refer qualified candidates for open positions. This program is designed to help attract top talent, particularly in tech and product roles, but it also extends to other departments within the company.
Tech/Product Role Referral Bonuses
Referral Bonus Structure
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Software Engineers & Developers
- Bonus Amount: Approximately $5,000 - $7,000
- Payout Schedule: Typically paid in two installments; half upon hire and the remaining half after six months of the new hire's employment.
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Product Managers
- Bonus Amount: Approximately $4,000 - $6,000
- Payout Schedule: Similar to engineering roles, usually split into two payments, contingent upon the new hire's continued employment.
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Data Scientists & Analysts
- Bonus Amount: Approximately $4,000 - $6,000
- Payout Schedule: Paid out in two phases, ensuring alignment with retention goals.
Other Roles Referral Bonuses
While the focus is on tech and product roles, EverQuote extends referral bonuses to other departments:
-
Marketing & Sales
- Bonus Amount: Around $3,000 - $5,000
- Payout Schedule: Typically follows the same split-payment structure.
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Customer Service & Operations
- Bonus Amount: Approximately $2,000 - $4,000
- Payout Schedule: Consistent with the bonus distribution for other roles.
Program Guidelines
- Eligibility: All current EverQuote employees are eligible to participate in the referral program.
- Candidate Qualifications: Referred candidates must meet the job requirements and successfully pass the hiring process.
- Exclusions: Bonuses are not applicable if the candidate is already in the company’s hiring pipeline or has been an employee in the past 12
Financials
Type
public
Annual Revenue
--
Market Cap
$1.0B+