Bank of Marin Bancorp Referral Bonus Program

Bank of Marin Bancorp offers a competitive referral bonus program to encourage employees to refer qualified candidates for open positions, particularly in high-demand areas such as technology and product development. Below is an overview of the referral bonus details, with a focus on tech and product roles.

Referral Bonus Overview

Eligibility

• Current Employees: All full-time employees of Bank of Marin Bancorp are eligible to participate in the referral program.
• Referred Candidates: Must meet the qualifications for open positions and successfully complete the hiring process.

Bonus Structure

The referral bonus is structured to reward employees based on the type of position filled through their referral:

1. Technology Roles (e.g., Software Engineers, IT Specialists)

   • Bonus Amount: Up to $5,000
   • Payment Schedule:
     • 50% after the referred employee completes 90 days of employment.
     • 50% after the referred employee completes 6 months of employment.

2. Product Development Roles (e.g., Product Managers, UX Designers)

   • Bonus Amount: Up to $4,000
   • Payment Schedule:
     • 50% after the referred employee completes 90 days of employment.
     • 50% after the referred employee completes 6 months of employment.

3. Other Roles (e.g., Customer Service, Operations)

   • Bonus Amount: Up to $2,500
   • Payment Schedule:
     • 50% after the referred employee completes 90 days of employment.
     • 50% after the referred employee completes 6 months of employment.

Process

1. Referral Submission: Employees submit referrals through the company’s internal referral system, providing the candidate's resume and any relevant information.
2. Candidate Review: The recruitment team reviews the candidate's qualifications and initiates the