Company Referral Bonus Program

Our company values top talent and recognizes the invaluable role referrals play in acquiring qualified candidates. To incentivize employees to refer exceptional candidates, we have structured a comprehensive Referral Bonus Program. This program is primarily aimed at tech and product roles but also extends to other departments. Below is a detailed breakdown of the program and estimated bonuses.

Program Overview

• Eligibility: All full-time employees are eligible to participate, except for those involved in the hiring process for the referred position, such as HR personnel or hiring managers.
• Referral Process: Employees must submit candidate referrals through the designated internal referral portal. The candidate must indicate their referral source during the application process.
• Bonus Payout: The bonus is paid in two installments: 50% after the referred employee completes 90 days, and the remaining 50% after 6 months of employment.

Referral Bonus Structure

Tech/Product Roles

• Software Engineer: $5,000
• Product Manager: $4,500
• Data Scientist: $5,500
• UX/UI Designer: $3,500
• DevOps Engineer: $4,000

Other Roles

• Marketing Specialist: $2,500
• Sales Executive: $3,000
• Customer Support Representative: $1,500
• HR Generalist: $2,000

Program Details

• Referral Limitations: Employees can refer up to five candidates per quarter to ensure quality referrals.
• Candidate Review: Referred candidates will undergo the standard interview and evaluation process.
• Exclusions: The referral bonus is not applicable if the referred candidate is a former employee or has already applied to the company within the past 12 months.

Impact

This program is designed to attract high-caliber candidates while rewarding employees for their effort and network. By participating in the referral