Louisiana-pacific

Refer new talent to Louisiana-pacific

Tennessee, United States

5,001-10,000 Employees

Other

Typical Referral Bonus

According to employees, the average referral bonus at Louisiana-pacific is $5,000

Louisiana-Pacific Referral Bonus Program

Louisiana-Pacific (LP) offers a comprehensive employee referral program designed to attract top talent, particularly for tech and product roles. While specific details about referral bonuses can vary and are subject to change, below is an overview based on typical industry standards and general practices.

Referral Bonus Details

Tech/Product Roles

  • Software Engineers, Data Scientists, Product Managers:
    • Bonus Amount: $3,000 - $5,000
    • Payout Structure:
      • 50% is typically paid when the referred candidate starts.
      • The remaining 50% is paid after the candidate completes a probationary period, usually around 90 days.

Other Roles

  • Sales, Marketing, Operations:
    • Bonus Amount: $1,000 - $3,000
    • Payout Structure:
      • Similarly structured with half upon candidate start and the balance post-probation.

General Eligibility

  • Eligible Employees: All full-time employees can participate in the referral program.
  • Exclusions: Typically, HR personnel and hiring managers directly involved in the recruitment process for the referred role are not eligible for referral bonuses.

Program Highlights

  • Goal: To leverage employee networks to find high-quality candidates who are a good fit for the company culture and the role.
  • Efficiency: Referred candidates often have a quicker hiring process due to pre-vetting by current employees.
  • Retention: Candidates hired through referrals tend to have higher retention rates.

How to Participate

  1. Locate Open Positions: Check internal job boards or the LP careers page for roles eligible for referral bonuses.
  2. Submit a Referral: Use the company’s referral platform or email the HR department with the candidate’s details and resume.
  3. Track Progress: Employees can usually track the status of their referral through the referral platform.

Notes

About

Careers Page

lpcorp.com

Financials

Type

public

Annual Revenue

--

Market Cap

$6.6B+