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Recruitment Referral Scheme
These pages reproduce internal policy documents, which may change from time to time and which apply to UK employees only.
Where there is a difference between these pages and the policy documents on Confluence, the policy documents shall prevail.
We are constantly on the lookout for new talent. When a new opportunity arises, we love nothing more than growing our teams through amazing referrals.
That’s why we have a referral scheme, which means iwoca will pay you a bonus for hired referrals:
Our bonus for a Referral is £1,000 (£250 for interns). A referral is when you actively leverage a relationship with a candidate to bring them into iwoca and they are hired as a result.
Our bonus for a Lead is £250 (£100 for interns). A Lead is when you provide a name and / or contact details to a Talent Partner, and ask them to reach out directly without your involvement and that person is hired.
You can also choose to donate your referral bonus to a charity of your choice, which iwoca would then match :)
Additional info:
1) The following are excluded from the referral reward programme:
3) Bonuses are subject to tax.
4) Bonus will be paid after 3 months of the referred hire being in our employment. The payment is made via payroll, unless you have opted to donate your bonus to charity.
5) If the person referred is already in the recruitment process or has been approached about the role by iwoca or one of our agencies in the past 60 days you are not eligible for a bonus, unfortunately. Referrals for ex-employees are also not eligible for a bonus.
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