Refer new talent to Trinidad & Tobago National Petroleum Marketing Company Limited

Trinidad & Tobago National Petroleum Marketing Company Limited Referral Bonus Program

The Trinidad & Tobago National Petroleum Marketing Company Limited (NP) offers a structured referral bonus program as part of its recruitment strategy to attract top talent, especially in tech and product roles. Below are the detailed aspects of this program:

Program Overview

• Objective: To incentivize current employees to refer qualified candidates for open positions within the company, particularly focusing on high-demand areas such as technology and product development.
• Eligibility: All permanent employees of NP are eligible to participate in the referral program. Contract and temporary employees are typically excluded.

Bonus Structure

• Tech/Product Roles:
  • Software Engineers, Data Scientists, Product Managers: Referrals for these roles typically carry a higher bonus due to the competitive nature of the tech industry.
  • Estimated Bonus: TT$5,000 - TT$10,000 per successful hire.
• Other Roles:
  • Administrative, Sales, and Operations Roles: These positions generally offer a lower referral bonus compared to tech roles.
  • Estimated Bonus: TT$2,000 - TT$5,000 per successful hire.

Payment Details

• Payment Timeline: The referral bonus is usually paid out in two installments:
  1. First Installment: 50% after the referred employee completes their probationary period, usually 3 to 6 months.
  2. Second Installment: The remaining 50% after the referred employee completes one year of service.
• Tax Implications: Referral bonuses are subject to income tax as per Trinidad & Tobago’s tax regulations. It is advisable to consult with the HR department for specific tax guidance.

Referral Process

1. Submission: Employees must submit referrals through NP’s internal recruitment portal, providing the candidate's resume and a brief justification for the referral.
2. Tracking: Each referral is tracked through a unique identifier to ensure transparency and proper allocation