Announcement

Employee Referral Bonus Program

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Access the referral link HERE

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PURPOSE:

The purpose of the LVT Employee Referral Bonus Program is to provide an incentive award to a current employee in a full-time equivalent (FTE) position who brings new talent to the company by referring applicants who are subsequently selected and successfully employed in a new or backfill position at LVT.

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ELIGIBILITY AND PARTICIPATION:

All active full-time and part-time employees of LiveView Technologies are eligible to participate in the  Employee Referral Bonus Program, with the exception of:

• LVT Company Executives, Directors, VPs, and upper-level management.
• Selecting manager/supervisor or other persons associated with the selection of the candidate.
• All People Operations employees.

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PROGRAM DETAILS AND PAYOUT SCHEDULE:

The referral bonus amount will vary based on the level of the role being filled. The levels and corresponding bonuses are defined as follows:

Entry-Level Roles (S1-L1): $200/Paid after 90 days

Mid-Level Roles (L2-L3): $500/Paid after 90 days

Senior-Level Roles (L4-L7): $1,500/Paid after 120 days

Executive Roles (L8-L9): $5,000/Paid after 6 months

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PROCEDURE FOR REFERRING CANDIDATES: 

1. Submission:

• All referrals must be submitted through Greenhouse.
• You must Add a referral. If you send a link to your referral and have them apply online directly, this will not qualify for the referral bonus.

2. Acknowledgment:

• When you add a referral in Greenhouse, you will always be able to see the status of a referral. 

3. Payment of Referral Bonus

• Referral bonus payments may be paid in a lump sum or in periodic payments subject to management discretion. 
• Payments will be made after referred candidate has been employed for a minimum of:some text
  • S1 - L3: 90 days or three months
  • L4 - L7: 120 days
  • L8 - L9: 6 months

4.  Conditions

• The referral bonus is subject to applicable taxes and will be included in the referring employee's regular paycheck. 
• Only one referral bonus will be awarded per candidate. If multiple employees refer the same candidate, the bonus will be paid to the employee who submitted through Greenhouse first.
• Referrals must represent the candidate’s first contact with LVT. Temporary/interns, contract, and former employees of LVT are not eligible candidates for referral bonuses.
• The referred candidate must indicate the referring employee’s name on their application and must have been added by the employee in Greenhouse. 
• Both the referring employee and the referred candidate must be employed by the company when any referral bonus is paid.

5. Disqualification

• An employee will be disqualified from receiving a referral bonus if:some text
  • They are involved in the hiring decision for the referred candidate. 
  • They are currently under probation or a PIP. 
  • They are found to have provided false or misleading information about the candidate. 
  • The referred candidate leaves the company before completing the required tenure for the payout of the bonus installments.
  • The candidate was in contact with a recruiter within the past 2 business weeks before the referral was received.
  • The referral has already applied to the role within 12 months for which they were referred. 

6. Program Changes

• LVT reserves the right to modify, suspend, or terminate the Employee Referral Bonus Program at any time, with or without notice. Changes will be communicated via company email and updated in the employee handbook.

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