
Refer new talent to Tom Tom
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5K-10K Employees
Tech
Typical Referral Bonus
According to employees, the average referral bonus at Tom Tom is $5,000
TomTom Referral Bonus Program
TomTom offers a robust referral bonus program to incentivize employees to help recruit top talent. This program is designed to reward employees for referring qualified candidates who are successfully hired into the company. Below, we provide a detailed overview of the referral bonus structure, focusing primarily on tech and product roles, but also touching upon other positions.
Referral Bonus Structure
Tech/Product Roles
- Software Engineers, Product Managers, Data Scientists, UX/UI Designers:
- Bonus Amount: €3,000 - €5,000
- Payment Schedule: The referral bonus is typically paid out in two installments. The first half is paid after the referred candidate completes their probation period (usually 3 to 6 months), and the second half is paid after the candidate completes their first year of employment.
Other Roles
- Sales, Marketing, HR, Finance:
- Bonus Amount: €1,500 - €2,500
- Payment Schedule: Similar to tech/product roles, these bonuses are also paid in two installments—half after the probation period and the remainder after one year of employment.
Additional Details
- Eligibility: All full-time employees are eligible to participate in the referral program. However, HR personnel and hiring managers may not be eligible to receive a bonus for candidates they would have direct oversight over, to avoid conflicts of interest.
- Referred Candidates: To qualify for the referral bonus, referred candidates must be new to TomTom and not have applied independently within the past 12 months.
- Referral Submission: Employees must submit referrals through the company’s dedicated referral portal or through HR for tracking and validation.
- Exclusions: Internships, temporary positions, and certain contract roles may not qualify for the referral bonus program.
Estimated Impact
- Speed to Hire: Referrals can significantly reduce the time-to-hire, often cutting down recruitment timelines by 30-50%.
Financials
Type
public
Annual Revenue
$700M+
Market Cap
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