Frequently Asked Questions (FAQ) - Referral and Reward Program
What is the Referral and Reward Program?
At Coder Collective, our program rewards users who refer candidates and/or clients to our platform, contributing to successful placements. It's our gratitude for connecting great talent with opportunities.
Validity Period of Referrals
Referred candidates and clients remain eligible for placements and rewards for a period of 180 days from their last documented status update.
Exclusion Criteria for Candidates Referral Rewards
Known candidates who have been active within the last 180 days in our system are not eligible for referral rewards.
Exclusion Criteria for Client Introductions Rewards
Clients who have engaged with us on a contingent search within the last 180 days are not eligible for referral rewards.
Rewards for Candidate Referrals
- First Successful Referral: $6,000
- Second Successful Referral: $9,000
- Third or More: $12,000
Rewards for Client Introductions
- First Successful Introduction: $6,000
- Second Successful Introduction: $9,000
- Third or More: $12,000
Definition of a Successful Placement
A successful placement for candidates occurs when a referred candidate is hired and stays in the role through our “90 Day Placement Guarantee.” For clients, it's when a client hires a candidate you introduced, under the same guarantee.
Notification of Earned Rewards
You'll receive an email or dashboard notification when your referral or introduction leads to a successful placement.
Referring Both Candidates and Clients
You are encouraged to refer both candidates and clients, with rewards applicable for each successful referral.
No Limit on Referrals
There's no cap on the number of referrals you can make annually. The more quality referrals, the more rewards.
Limit on Rewards
You are only eligible for one client referral reward per client. For example, if you refer a client and they hire 3 candidates, you will only receive the client referral reward once.
For a reward to be earned via client introduction, the client must offer a minimum base salary of at least $90,000.
Tracking Referrals and Rewards
Monitor your referral success and earnings through your dashboard, which displays your active referrals and total yearly earnings.
No Self-Referral for Rewards
Self-referrals are not eligible. If seeking opportunities, consider being referred by a friend or family member.
When Will You Receive Reward Payment?
Rewards are processed at the month's end following the completion of the “90 Day Placement Guarantee” period. You'll receive payments via your preferred method and a Form 1099-NEC for tax purposes.
What Happens if the Candidate is Terminated?
If there is a falloff, meaning the candidate's position is terminated for any reason during the "90 Day Placement Guarantee" period, you will no longer be eligible for the referral reward.
Setting Up Payment Methods
When eligible, you can set or update your preferred payment method through your account settings. Ensure it's up-to-date for seamless reward processing.
Further Questions?
If you have any more questions or need clarification, feel free to reach out to our team at referrals@thecodercollective.com. We're here to help!