Refer new talent to Lifeway Foods
Illinois, United States
501-1000 Employees
Food
•Healthcare
•AI
Typical Referral Bonus
According to employees, the average referral bonus at Lifeway Foods is $5,000
Lifeway Foods Referral Bonus Program
Lifeway Foods offers a structured referral bonus program to incentivize employees to refer qualified candidates for open positions. The program is designed to attract top talent across various departments, with a special focus on technology and product roles. Below is a detailed overview of the referral bonus structure, including estimated bonuses for different positions.
Referral Bonus Structure
Tech/Product Roles
- Software Engineer: $2,000
- Product Manager: $2,500
- Data Scientist: $2,000
- UX/UI Designer: $1,500
Other Roles
- Marketing Specialist: $1,000
- Sales Executive: $1,500
- Operations Manager: $1,200
Program Details
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Eligibility: All full-time Lifeway Foods employees are eligible to participate in the referral program, except for HR personnel and hiring managers directly involved in the recruitment process for the referred position.
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Referral Process: Employees must submit candidate referrals through the company's internal referral portal, including the candidate's resume and contact information.
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Payment Terms: Referral bonuses are paid out in two installments:
- 50% upon the referred candidate’s successful completion of 90 days with the company.
- 50% after the referred candidate completes 6 months of employment.
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Referral Limits: There is no cap on the number of referrals an employee can make, but bonuses are only awarded for successful hires.
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Exclusions: Referrals of current employees, consultants, or temp workers who have been with Lifeway Foods within the past year are not eligible for a bonus.
Impact and Benefits
The referral bonus program at Lifeway Foods aims to foster a culture of collaboration and engagement among employees, encouraging them to contribute to the growth and success of the company by bringing in qualified talent. This is an opportunity for employees
Financials
Type
public
Annual Revenue
--
Market Cap
$364.4M+