opportunity referral bonus program terms and conditions.

A Randstad Technologies or Randstad Engineering (collectively “RT”) Candidate [1] or a current Contractor (Contractors included individuals employed by RT as a W-2 employee, an RT Independent Contractor, or a Third-Party Vendor (“TPV”) employee on assignment through RT) who refers an opportunity to their RT Account Manager, Recruiter, or Solutions Delivery Director may be eligible for a bonus payment based on the requirements outlined below.

There are two types of opportunity referrals:

• Job Opening Opportunity Referral, defined as a contract (temp) opening or a direct-hire (perm) opening with a client. The opening may be on the same team or another team.
• Project Opportunity Referral, defined as an opportunity wherein a client may have a need for a Project, Managed Service, Outsourcing or Managed Resource Program (MRP) engagement.

bonus

• The referral bonus amount is $500.00 and may be considered taxable income depending on employment status.

requirements

• RT must have no previous knowledge of the opportunity, such as, but not limited to, being informed of the opening by the Client Manager, Director, VP or receiving the opportunity through the client's vendor management system.
• Job Opening Referrals must be passed to the talent’s Account Manager, Recruiter or Solutions Delivery Director via email to qualify.
• If the contract (temp) opportunity is filled by RT, the bonus will be processed after the assignment has achieved a minimum of 480 billed hours (approximately 12 weeks). Assignments that do not reach 480 billed hours for any reason will not trigger a bonus payment obligation.
• If the direct-hire opportunity is filled by RT, the bonus will be processed for payment after the placed talent has met the contractual guarantee period with the client and after payment has been received by Randstad from the client.
• Job Opportunity Referral bonuses are only paid out one time per referred job opportunity (i.e., one job referral with multiple openings will only yield one bonus payment).
• This referral program is eligible for ACAR referrals; meaning the referral can be for placement by another Randstad Line of Business.
• Depending on employment classification/status and the dollar value of referral fees paid to an individual in a calendar year, referral fees may be considered taxable income. Questions regarding tax treatment of referral fees should be sent to: rtg-talentreferralprogram@randstadusa.com.
• Contractors are not eligible to receive bonus payment for any jobs where they are part of the hiring selection process, including, but not limited to, involvement in interviews, resume screening, etc.
• RT Solutions employees/talent (i.e., a consultant on a project, managed service or MRP) are eligible to receive bonus payment for any jobs that result in an assignment if they are not involved in the hiring selection process, unless the Solutions employee/talent is part of the Solutions Manager Bonus Program (i.e., bonus tied to growth, be it EBITA or GP).
• RT clients and prospective clients and their employees are not eligible to receive bonus payment for referring a job opening, regardless if it is at their company or another company.

bonus

The referral bonus is based on cumulative billable revenue as outlined in the table below.

Example: A Candidate or Contractor refers a project opportunity that generates $850,000 in revenue. The Candidate or Contractor will receive $500 when billed revenue achieves the $50,000 threshold, $500 when billed revenue achieves the $150,001 threshold, $500 when billed revenue achieves the $350,001 threshold and $500 when billed revenue achieves the $500,001 threshold. The total bonus received by the Candidate or Contractor in this example is $2,000.

requirements

• RT must have no previous knowledge of the Project Opportunity, such as, but not limited to, being informed by a Client Manager, Director, VP or other Randstad employee.
• RT must successfully win the Project engagement and it must exceed $50,000 in billed revenue to qualify for a bonus payout.
• Staffing and Solutions engaged Contractors are not eligible to receive bonus payment for any Project in which they are included as part of the bid process, including, but not limited to, involvement in the RFP process, business-award decision, etc.
• Staffing and Solutions engaged Contractors are eligible to receive a bonus payment for any referred Project Opportunity that results in an engagement or service.
• Randstad Solutions management/leadership are eligible to receive payment unless the individual is part of the Solutions Manager Bonus Program (i.e., bonus tied to growth, be it EBITA or GP).
• Randstad Solutions employees must pass the lead via email to their Delivery and/or Technical Director to qualify.
  • The Delivery/Technical Director will coordinate with the client-aligned Account Manager on business pursuit.
• ​​​​​Randstad Staffing Contractors must pass the lead to the aligned Account Manager via email to qualify.
  • The email will serve as the record of the referral.
  • Failure to send the email prior to the award will preclude eligibility for the bonus.
• Bonus payments will be processed when billed revenue passes the threshold amounts identified in the chart above.
• Depending on employment classification/status and the dollar value of referral fees paid to an individual in a calendar year, referral fees may be considered taxable income. Questions regarding tax treatment of referral fees should be sent to: Kathryn Hennessy, Director, Field Support Group (rtg-talentreferralprogram@randstadusa.com).
• Third-Party Vendor contacts, RT clients and prospective clients and their employees are not eligible to receive bonus payment for referring an opportunity, regardless if it is at their company or another company.
• If revenue is generated through multiple SOWs, but resulting from an initial engagement win, the aggregate revenue may be applied to the table referenced above. Solutions Vice President and Sales Region Vice President or higher-level approval is required.

Direct all questions regarding this program to Kathryn Hennessy, Director, Field Support Group (rtg-talentreferralprogram@randstadusa.com).