Customers Bancorp Referral Bonus Program

Customers Bancorp offers a competitive referral bonus program aimed at attracting top talent, particularly in tech and product roles. This program incentivizes current employees to refer qualified candidates for open positions within the company. Below is a detailed overview of the referral bonus structure, focusing on tech and product roles, but also providing insights into other departments.

Referral Bonus Structure

Tech/Product Roles

• Bonus Amount: Employees who refer successful candidates for tech and product roles can earn a referral bonus ranging from $2,000 to $5,000.
• Eligibility: The bonus is typically awarded after the referred employee completes a probationary period, usually 90 days.
• Positions: Common roles include Software Engineers, Product Managers, UX/UI Designers, and Data Scientists.

Other Roles

• Bonus Amount: For roles outside of tech and product, the referral bonus ranges from $1,000 to $3,000.
• Eligibility: Similar to tech roles, the bonus is contingent on the new hire completing a probationary period.
• Positions: These roles may include Customer Service Representatives, HR Specialists, and Marketing Coordinators.

Program Details

• Referral Process: Employees must submit candidate referrals through the company's internal referral portal. The candidate's resume and a brief recommendation are usually required.
• Limitations: There may be a cap on the number of referral bonuses an employee can earn in a given year, typically set at 5 referrals.
• Exclusions: Referrals for executive-level positions might not qualify for the standard bonus amounts, and separate conditions could apply.

Why Refer?

• Enhance Team Quality: Employees have the opportunity to bring in colleagues they know and trust, thereby enhancing team dynamics and productivity.
• Financial Incentives: With the high bonus amounts, employees are financially motivated to contribute to the growth of the team.
• Cultural Fit