Refer new talent to Microvast
Texas, United States
501-1000 Employees
Automotive
•Energy
Typical Referral Bonus
According to employees, the average referral bonus at Microvast is $5,000
Microvast Referral Bonus Program
Microvast, a leading provider of next-generation battery technologies, offers a competitive referral bonus program aimed at attracting top talent, especially in tech and product roles. This program not only incentivizes current employees to refer qualified candidates but also helps the company maintain a robust talent pipeline. Below is a detailed overview of the program, focusing on tech/product roles, with estimates and numbers for better understanding.
Referral Bonus Structure
Tech/Product Roles
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Software Engineers: Employees who refer candidates for software engineering positions are eligible for a referral bonus of up to $5,000. This bonus is structured to be competitive, reflecting the high demand for skilled software engineers in the industry.
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Product Managers: Successful referrals for product management roles can earn a referral bonus of $4,500. This amount is reflective of the critical role product managers play in aligning business objectives with technological capabilities.
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Data Scientists: Referring candidates for data scientist positions can earn employees a bonus of $5,000, recognizing the importance of data-driven decision-making in Microvast's product development.
Other Roles
While the focus is on tech/product roles, the referral program also includes bonuses for other key positions:
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Manufacturing Engineers: Referrals for manufacturing engineers can yield a bonus of $3,500, given their role in ensuring operational efficiency and product quality.
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Sales and Marketing: Successful referrals in this category can earn employees up to $3,000, reflecting the importance of these roles in driving business growth.
Payment Terms
The referral bonus is typically paid in two installments:
- First Installment (50%): Paid after the referred candidate has successfully completed 90 days of employment.
- Second Installment (50%): Paid after the referred candidate has reached their six-month employment anniversary.
Eligibility Criteria
- The referring employee must be an active employee at the
Financials
Type
public
Annual Revenue
--
Market Cap
$411.3M+