Refer new talent to Flowers Foods
Georgia, United States
10,001-25,000 Employees
Food
Typical Referral Bonus
According to employees, the average referral bonus at Flowers Foods is $5,000
Flowers Foods Referral Bonus Program
Flowers Foods, a leading producer and marketer of packaged bakery foods, offers a robust referral bonus program to incentivize employees to refer qualified candidates for open positions. This initiative aims to attract top talent, particularly in tech and product roles, but extends to other departments as well.
Referral Bonus Structure
Tech/Product Roles
- Software Engineers, Data Scientists, Product Managers:
- Bonus Amount: $2,000
- Eligibility: The referred candidate must successfully complete a 90-day probation period.
- Payout Schedule:
- 50% after the candidate completes 90 days.
- 50% after the candidate reaches their 6-month milestone.
Other Roles
- Marketing, Sales, HR, Operations:
- Bonus Amount: $1,000
- Eligibility: Similar to tech/product roles, the candidate must complete a 90-day probation period.
- Payout Schedule:
- 100% after the candidate completes 90 days.
Program Guidelines
- Who Can Refer: All full-time employees of Flowers Foods are eligible to participate in the referral program.
- How to Refer: Employees can submit referrals through the company's internal portal, providing detailed information about the candidate and their fit for the role.
- Limitations:
- There is no limit on the number of referrals an employee can make.
- Bonuses are applicable only for full-time positions.
- Referral bonuses are subject to tax deductions as per applicable laws.
Estimated Impact
- Increased Referral Rates: The structured bonus program is expected to boost employee referrals by 20%, leveraging the existing network of employees to source high-quality candidates.
- Cost Efficiency: Compared to the average hiring cost per employee (estimated at $4,000), the referral program offers a cost-effective solution by reducing the need for external recruitment agencies.
- **Enhanced
Financials
Type
public
Annual Revenue
--
Market Cap
$3.8B+