Cadence Bancorp Referral Bonus Program

Cadence Bancorp offers a competitive referral bonus program designed to attract top talent, especially within tech/product roles. This program incentivizes current employees to refer qualified candidates who can contribute to the company's growth and success. Below are the detailed aspects of the referral bonus program with specific focus on tech/product roles.

Referral Bonus Structure

Tech/Product Roles

• Software Engineers, Product Managers, Data Scientists: Eligible employees can earn a referral bonus of $3,000 for successful referrals.
• UI/UX Designers, DevOps Engineers: These positions carry a referral bonus of $2,500.

Other Roles

• Sales, Marketing, Operations: Referrals for these positions are rewarded with a bonus of $1,500.
• Administrative and Support Roles: Successful referrals in these categories receive a bonus of $1,000.

Eligibility Criteria

• The referred candidate must be hired as a full-time employee.
• The referred candidate must successfully complete a probationary period of 90 days.
• The referring employee must be in good standing at the time of bonus payment.

Additional Details

• Referral Limit: Employees can refer multiple candidates, but bonuses are capped at $10,000 per calendar year.
• Payment Schedule: Referral bonuses are paid out in the payroll cycle following the completion of the new hire's probationary period.
• Exclusions: Referrals of candidates who have applied independently within the last 6 months are not eligible for a bonus.

How to Refer

1. Submit Referral: Employees should submit referrals through the internal HR portal, providing the candidate's resume and a brief rationale for the referral.
2. Tracking: Once submitted, referrals will be tracked by the HR department to ensure timely processing and updates.

Benefits of Referring

• Enhance Team Strength: Contribute