Teva Pharmaceutical Industries Referral Bonus Program

Teva Pharmaceutical Industries offers a structured referral bonus program to encourage employees to refer talented candidates for open positions, particularly in tech and product roles. The program aims to attract high-quality professionals who can contribute to the company's growth and innovation. Below is a detailed overview of the referral bonus program, including estimates for different roles.

Referral Bonus Structure

Tech/Product Roles

• Software Engineer:
  • Estimated Bonus: $2,000
  • Eligibility: Referral must successfully complete the probationary period.
• Product Manager:
  • Estimated Bonus: $2,500
  • Eligibility: Referral must remain with the company for a minimum of 6 months.
• Data Scientist:
  • Estimated Bonus: $3,000
  • Eligibility: Referral must pass all performance evaluations within the first year.

Other Roles

• Sales Representative:
  • Estimated Bonus: $1,500
  • Eligibility: Referral must meet sales targets for the first quarter.
• Quality Assurance Specialist:
  • Estimated Bonus: $1,800
  • Eligibility: Referral must complete a 90-day review with satisfactory performance.

Program Guidelines

1. Eligibility: All full-time employees are eligible to participate in the referral bonus program.
2. Referral Submission: Employees must submit referrals through the official company portal or HR department to qualify for the bonus.
3. Bonus Payment: Bonuses are typically paid out within 30 days after the referred candidate meets the specified eligibility criteria.
4. Maximum Referrals: Employees can refer multiple candidates but are eligible for a maximum of three referral bonuses per calendar year.

Important Notes

• Bonus Adjustments: The company reserves the right to adjust bonus amounts based on market conditions and specific role requirements.
• Tax Implications: Referral bonuses are subject to applicable taxes and will be reflected in the employee's