ZimVie Referral Bonus Program: Tech and Product Roles

ZimVie values employee referrals as a key component of our talent acquisition strategy. By encouraging our team to recommend exceptional candidates, we enrich our workplace with skilled professionals who align with our company culture. Below is a detailed overview of the referral bonus program, focusing primarily on tech and product roles.

Referral Bonus Structure

Tech/Product Roles

• Software Engineer, Product Managers, Data Scientists, UX/UI Designers:
  • Referral Bonus: $3,000
  • Payout Structure:
    • 50% upon the new hire's successful completion of 90 days.
    • Remaining 50% after the new hire's successful completion of 6 months.

Other Roles

• Non-Tech Roles (e.g., Marketing, Sales, HR):
  • Referral Bonus: $1,500
  • Payout Structure:
    • 50% upon the new hire's successful completion of 90 days.
    • Remaining 50% after the new hire's successful completion of 6 months.

Program Guidelines

• Eligibility: All ZimVie employees are eligible to participate in the referral program except for those in HR and recruitment roles.
• Referral Submission: Employees must submit referrals through the official referral portal to qualify for the bonus.
• Candidate Eligibility: Referred candidates must not have applied to ZimVie within the last six months.

Estimated Yearly Impact

Assuming an employee refers candidates for two tech/product roles annually:

• Annual Bonus Potential: $6,000 (based on two successful hires)

For a larger scope, if 50 employees each referred two successful tech/product hires per year:

• Total Annual Payout: $300,000

Benefits of Referring

• Enhance Team Dynamics: Referred candidates often integrate well into existing teams, fostering a more collaborative