Refer new talent to Hanover Insurance Group
Massachusetts, United States
11,000 Employees
Insurance
•Real Estate
Typical Referral Bonus
According to employees, the average referral bonus at Hanover Insurance Group is $5,000
Hanover Insurance Group Referral Bonus Program
The Hanover Insurance Group offers a robust referral bonus program designed to attract top talent, especially in tech and product roles. The program incentivizes current employees to refer qualified candidates by offering financial rewards upon successful hiring and completion of the candidate's probationary period. Below are the details of the referral bonus program:
Referral Bonus Structure
Tech/Product Roles
- Software Engineers: $3,000
- Data Scientists: $3,500
- Product Managers: $4,000
- UX/UI Designers: $3,000
- DevOps Engineers: $3,500
Other Roles
- Claims Adjusters: $1,500
- Underwriters: $2,000
- Sales Representatives: $2,500
Eligibility Criteria
- The referred candidate must be hired and complete a 90-day probationary period.
- The referring employee must be actively employed at Hanover Insurance Group at the time of payout.
- Referrals must be submitted through the official referral program process.
Process
- Submit Referral: Employees can submit referrals through the internal HR portal, providing the candidate's resume and contact details.
- Candidate Evaluation: The referred candidate undergoes the standard recruitment process, including interviews and assessments.
- Hiring and Probation: Upon successful hiring, the candidate must complete a 90-day probationary period.
- Bonus Payout: The referral bonus is processed in the next payroll cycle after the probationary period.
Additional Information
- There is no cap on the number of referrals an employee can make.
- Bonuses are subject to taxes and deductions as per applicable laws.
- The referral program is subject to change, and employees are encouraged to check the HR portal for the latest updates.
By participating in the referral program, employees contribute to building a strong team at Hanover Insurance Group while earning
Financials
Type
public
Annual Revenue
--
Market Cap
$6.2B+