Refer new talent to W. R. Berkley
Connecticut, United States
6,000 Employees
Finance
•Insurance
Typical Referral Bonus
According to employees, the average referral bonus at W. R. Berkley is $5,000
W. R. Berkley Referral Bonus Overview
W. R. Berkley Corporation offers a competitive referral bonus program aimed at attracting top talent through employee referrals. This program is particularly beneficial for roles in technology and product development, although it extends to other areas as well.
Referral Bonus Structure
The referral bonus for successful hires varies depending on the role's level and department. Here's a detailed breakdown:
Technology/Product Roles
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Entry-Level Positions:
Referral Bonus: Approximately $1,000 - $2,000
These roles include junior software developers, product analysts, and IT support staff. -
Mid-Level Positions:
Referral Bonus: Approximately $3,000 - $5,000
This tier includes positions such as software engineers, product managers, and UX/UI designers. -
Senior-Level Positions:
Referral Bonus: Approximately $7,000 - $10,000
For more experienced roles such as senior software architects, lead product managers, and IT directors, the bonus reflects the advanced skill set required.
Other Roles
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Administrative/Support Roles:
Referral Bonus: Approximately $500 - $1,500
Includes positions like administrative assistants and customer service representatives. -
Sales/Marketing Roles:
Referral Bonus: Approximately $2,000 - $4,000
Encompasses roles such as sales executives and marketing coordinators. -
Executive-Level Positions:
Referral Bonus: Custom negotiated, generally starting at $10,000+
High-level roles, including VPs and C-level positions, have bonus structures tailored to the specific hire.
Process and Conditions
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Eligibility: All current employees are eligible to participate in the referral program. However, HR personnel and hiring managers may be excluded from referring candidates for their own departments.
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Payment Timeline: Referral bonuses are typically paid out after the
Financials
Type
public
Annual Revenue
--
Market Cap
$24.3B+