Commerce Bancshares Referral Bonus

Commerce Bancshares values employee referrals and offers a referral bonus program to incentivize employees to refer qualified candidates for open positions. This program is particularly beneficial for roles in high demand, such as tech and product positions, but extends to other roles as well.

Referral Bonus Structure

The referral bonus program is structured to reward employees who refer candidates that are successfully hired and complete a specified period of employment. Below is an overview of the typical bonus structure:

Tech/Product Roles

• Software Engineers, Product Managers, Data Analysts, etc.
  • Bonus Amount: $5,000
  • Eligibility: The referred candidate must be hired and successfully complete a 90-day probationary period.
  • Payout Schedule: The bonus is typically paid out in two installments: 50% after the candidate’s first 30 days and the remaining 50% after 90 days.

Other Roles

• Customer Service, Operations, Administrative, etc.
  • Bonus Amount: $1,000 - $2,500 (varies by role and demand)
  • Eligibility: Similar to tech/product roles, the referred candidate must be hired and complete a 90-day probationary period.
  • Payout Schedule: Generally follows the same payout schedule as tech/product roles, with 50% paid after 30 days and the remaining 50% after 90 days.

Additional Details

• Eligible Referrers: Only current employees of Commerce Bancshares are eligible to participate in the referral program. Employees involved in the hiring decision for the referred position are typically excluded.
• Eligible Candidates: Referred candidates must be new to Commerce Bancshares, meaning they have not applied independently or been referred by another employee within the past 12 months.
• Submission Process: Employees must submit referrals through the official employee referral portal or via HR, ensuring all necessary information is