Hyster-Yale Materials Handling Referral Bonus Program

Hyster-Yale Materials Handling offers a referral bonus program designed to attract top talent for various roles, including those in tech and product management. This program incentivizes employees to refer qualified candidates by providing financial rewards when a referral leads to a successful hire. Below, we explore the details of the referral bonus program, with a focus on tech and product roles.

Program Overview

• Eligibility: All full-time employees of Hyster-Yale Materials Handling are eligible to participate in the referral program.
• Referral Process: Employees must submit referrals through the company's internal referral system, providing details about the candidate and the role they are being referred for.
• Bonus Payouts: Referral bonuses are typically paid out in two installments. The first installment is paid after the referred candidate has been employed for a set probationary period, usually 90 days. The second installment is paid after a specified period, often six months to one year.

Referral Bonus Amounts

Tech and Product Roles

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

Other Roles

• Sales Executive: Up to $3,000
• Marketing Specialist: Up to $2,500
• HR Manager: Up to $3,000
• Finance Analyst: Up to $2,500

Conditions and Considerations

• Candidate Eligibility: Candidates must not have applied to the company within the past 12 months and should not be currently under consideration for any role.
• Payment Schedule: The first half of the bonus is paid after the candidate completes 90 days of employment, and the remainder