Flagstar Financial Referral Bonus Program

Flagstar Financial offers a comprehensive referral bonus program aimed at attracting top talent across various domains, with a particular emphasis on tech and product roles. Below are the detailed aspects of the referral bonus structure, with a focus on providing precise estimates and figures.

Referral Bonus Overview

Flagstar Financial’s referral program is designed to reward employees who help bring in talented individuals to fill open positions. The program is structured to incentivize referrals in key areas where the company seeks to grow, especially in tech and product roles.

Key Features:

• Eligibility: All full-time employees are eligible to participate in the referral program.
• Referral Process: Employees can submit referrals through the company’s internal referral portal or by emailing HR with the candidate's details.
• Payout Timing: Referral bonuses are typically paid out after the referred candidate has been employed for 90 days.

Bonus Structure

The referral bonuses vary depending on the role and level of the position being filled. Below are the estimated bonus amounts for different categories:

Tech and Product Roles

• Junior Positions (e.g., Junior Developer, Associate Product Manager)

  • Bonus Amount: $1,500
  • Criteria: Referral must lead to a successful hire within these entry-level positions.

• Mid-Level Positions (e.g., Software Engineer, Product Manager)

  • Bonus Amount: $3,000
  • Criteria: Candidates referred for these roles should have relevant experience and expertise.

• Senior Positions (e.g., Senior Software Engineer, Lead Product Manager)

  • Bonus Amount: $5,000
  • Criteria: These roles require significant experience and leadership skills. Successful referrals in these categories are highly valued.

Other Roles

• Non-Tech/Product Junior Positions
  • Bonus Amount: $1,000
  • Criteria: Includes roles in finance,