Littelfuse Referral Bonus Details

Littelfuse offers a competitive referral bonus program to incentivize employees to refer qualified candidates for open positions within the company. This program is particularly beneficial for those in tech and product roles, but it also extends to other positions across the organization. Below are detailed insights into the referral bonus program:

Referral Bonus Structure

Tech/Product Roles

• Software Engineers, Product Managers, Data Analysts, etc.
  • Bonus Amount: Up to $5,000 per successful referral.
  • Payment Schedule:
    • 50% paid after the referred employee completes three months of employment.
    • Remaining 50% paid after the referred employee completes six months of employment.

Other Roles

• Administrative, HR, Sales, etc.
  • Bonus Amount: Up to $2,500 per successful referral.
  • Payment Schedule:
    • 50% paid after the referred employee completes three months of employment.
    • Remaining 50% paid after the referred employee completes six months of employment.

Eligibility Criteria

1. Referrer Eligibility: All full-time employees of Littelfuse, excluding HR personnel and hiring managers directly involved in the recruitment process for the referred position.
2. Referral Eligibility: Referred candidates must be external applicants who are not already in the Littelfuse application system within the past 12 months.

Referral Process

• Employees must submit referrals through the official Littelfuse employee portal.
• Ensure that the candidate acknowledges the referral during the application process.

Additional Information

• The referral bonus is subject to applicable taxes and will be included in the referrer's paycheck.
• Multiple referrals of the same candidate will be rewarded to the first employee who submitted the referral.
• There are no limits to the number of referrals an employee can make.

Estimation of Impact

• Tech/Product Role Referrals: Assuming a 20