Fastenal Referral Bonus Program

Fastenal, like many companies, offers an employee referral program to encourage current employees to refer qualified candidates for open positions. This program is especially beneficial for tech and product roles, which are often critical and require specific skill sets. Here’s a detailed breakdown of the referral bonus program at Fastenal:

Program Overview

Fastenal's referral bonus program is designed to reward employees who help identify and bring in top talent. The program is open to all employees who successfully refer candidates for full-time positions. The referral bonus varies depending on the role and its level within the organization.

Referral Bonus for Tech/Product Roles

1. Software Developer/Engineer

   • Bonus Amount: $3,000
   • Payout Structure: 50% after the new hire completes 90 days, and the remaining 50% after 6 months.

2. Product Manager

   • Bonus Amount: $3,500
   • Payout Structure: 50% after the new hire completes 90 days, and the remaining 50% after 6 months.

3. Data Analyst/Scientist

   • Bonus Amount: $2,500
   • Payout Structure: 50% after the new hire completes 90 days, and the remaining 50% after 6 months.

4. UX/UI Designer

   • Bonus Amount: $2,000
   • Payout Structure: 50% after the new hire completes 90 days, and the remaining 50% after 6 months.

Other Roles

For non-tech roles, the referral bonus may differ:

• Sales Associate

  • Bonus Amount: $1,000
  • Payout Structure: Full amount after the new hire completes 90 days.

• Warehouse Personnel

  • Bonus Amount: $500
  • Payout Structure: Full