Maybank Malaysia Berhad Referral Bonus Program

Maybank Malaysia Berhad offers a referral bonus program to incentivize current employees to refer qualified candidates for open positions. This program is designed to attract top talent, particularly in tech and product roles, but it extends to other roles as well. Below is a detailed overview of the referral bonus structure and estimated numbers.

Referral Bonus Structure

1. Tech/Product Roles:

   • Software Engineers, Data Scientists, Product Managers:
     • Bonus Amount: MYR 5,000 - MYR 10,000
     • Eligibility: The referred candidate must successfully pass the probation period, typically 3-6 months.

2. Other Roles:

   • Finance, HR, Marketing, Operations:
     • Bonus Amount: MYR 2,000 - MYR 5,000
     • Eligibility: Similar to tech roles, the referred candidate must pass the probation period.

Process and Guidelines

• Submission: Referrals must be submitted through the internal referral portal or via email to the HR department with the candidate's resume and relevant details.
• Tracking: Employees can track the status of their referral through the HR system.
• Payment: The referral bonus is paid out in the paycheck following the successful completion of the referred candidate's probation period.
• Limitations: There may be a cap on the number of referrals eligible for bonuses per employee, typically set to 5 per year.

Impact and Benefits

• Talent Acquisition: Encourages employees to refer candidates they believe have the right skills and cultural fit.
• Employee Engagement: Increases employee involvement in the hiring process and enhances job satisfaction.
• Cost-Effective: Reduces reliance on external recruiting agencies, saving on recruitment costs.

Conclusion

Maybank's referral bonus program is a strategic initiative aimed at leveraging the networks of current employees to bring in high-quality candidates, especially for critical tech and