BankUnited Referral Bonus Overview

BankUnited offers a referral bonus program designed to incentivize employees to refer qualified candidates for various positions within the company. This program is particularly beneficial for tech and product roles, given the competitive nature of these fields. Below is an overview of how the referral bonus works, with estimated figures and details specific to tech/product roles and other positions.

Tech/Product Roles Referral Bonus

• Eligibility: Current BankUnited employees are eligible to participate in the referral bonus program. The employee must be in good standing with the company and the referred candidate must be successfully hired into a tech or product role.

• Bonus Amount: While the exact figures may fluctuate based on specific job requirements and market conditions, employees can typically expect a referral bonus ranging from $2,000 to $5,000 for tech and product roles.

• Payment Structure: The bonus is usually paid out in two installments:

  • First Installment: 50% when the referred employee completes their probationary period, typically around 90 days.
  • Second Installment: Remaining 50% after the referred employee reaches the six-month mark with the company.

Other Roles Referral Bonus

• Referral Bonus for Non-Tech Roles: For roles outside of tech and product sectors, the referral bonus generally ranges from $500 to $2,000. The specific amount depends on the criticality and demand for the position.

• Payment Structure: Similar to tech roles, the referral bonus for non-tech positions is paid in two parts, following the successful completion of probation and a six-month tenure.

Additional Conditions

• Referral Submission: Employees must submit referrals through the official BankUnited referral portal or HR department, ensuring that the referral is recorded before the candidate applies.

• Referred Candidate Requirements: The referred candidate should not already be in the BankUnited database or have applied independently within the last 12 months.