BroadPoint is pleased to offer its employees, consultants, staff and "friends of BroadPoint" an opportunity to participate in the success of our company and the clients we serve. We believe our own employees are a valuable recruiting source and in the past have referred many of our best candidates. As a result our Employee Referral Program has been revised to encourage greater employee involvement in identifying qualified and talented individuals for employment within the organization.
An employee qualifies for a referral bonus when a referred applicant is hired. Payments are as follows:
Type of Position Amount Timing of Payment
Sub-Contractor $1,000 Entire sum after 90 days
W-2 $1,500 Entire sum after 90 days
Sub-Contractor $1,000 Entire sum after 90 days
W-2 $1,500 Entire sum after 90 days
Procedure
In order to qualify for an Employee Referral Bonus, the applicant must name the referring employee in a cover letter and/or on the application at the time they apply for the open position.
Referrals must meet the stated requirements for the benefit-eligible job opening, the same as all applicants, to be considered. The referred applicant will complete the same process as all other applicants, including: application, interview, reference checks. In any hiring decision, the most qualified applicant will be hired.
If the referred applicant is hired, the referral bonus will be paid on the pay check following the referred employee’s first 90 days of employment. Human Resources will be responsible for tracking and processing referral bonuses.
If the new employee or the referring employee terminates their employment prior to a payment date, no payment will be made.
In all cases, the Human Resources Department will be the final authority in determining whether or not a referral will qualify for a referral bonus. Employees must not make commitments or oral promises of employment to persons they refer.
Eligibility
All employees are encouraged to participate in the program; however, the following employees are not eligible for the referral program:
- Managers/supervisors for referrals within their own teams,
- Employees who are eligible for the management incentive plan, or
- Employees in recruitment positions
Furthermore, the following referrals would not be eligible for the referral program:
- Applicants who have applied to the company on their own or through an employment agency within the past year
- Rehired employees who have worked for BroadPoint at any time within the past 3 years
- Family members
The Employee Referral Program operates at the sole discretion of the organization and may be amended, suspended, or terminated for any reason, with or without prior notification. We are an equal opportunity employer. Individuals are judged solely on the basis of their qualifications without regard to race, color, religion, sex, age, disability, national origin, political affiliation, marital status, sexual orientation, or status with regard to public assistance.
Participation in this program does not alter the employment status of any employee involved, nor does it alter the right of an employee to terminate his/her employment at any time, with or without cause. Referral bonuses will be treated as one-time cash payments and are subject to withholding taxes.
Contact careers@broadpoint.net to refer a candidate or project.
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