Interactive Brokers Referral Bonus Overview

Interactive Brokers offers a referral bonus program designed to attract talented individuals to its team. This program is particularly beneficial for those in tech and product roles, although it extends to other positions as well. Below, we provide a detailed outline of the referral bonus structure, estimates, and how it applies to various roles within the company.

Referral Bonus Structure

General Overview

Interactive Brokers' referral program rewards both the referrer and the new hire. While specific bonus amounts can vary based on role and location, the following estimates provide a general guideline:

• Tech/Product Roles:

  • Software Engineers, Product Managers, Data Scientists: Estimated referral bonuses range from $2,000 to $5,000.
  • UX/UI Designers, QA Engineers, DevOps: Estimated bonuses range from $1,500 to $3,500.

• Other Roles:

  • Finance & Operations: Bonuses typically range from $1,000 to $3,000.
  • Sales & Marketing: Bonuses range from $1,000 to $2,500.
  • Customer Support & Administrative Roles: Bonuses range from $500 to $1,500.

Payment Timeline

The referral bonus is typically paid in two installments:

1. Initial Payment: 50% of the bonus is paid once the referred candidate successfully completes their probation period, generally 3-6 months.
2. Final Payment: The remaining 50% is paid after the new hire completes one year of employment.

Eligibility and Process

Who Can Refer?

• Current employees of Interactive Brokers.
• Individuals must be in good standing with the company.

Referral Process

1. Submission: The referrer submits the candidate's details through the company's internal referral portal.
2. Review: The HR team reviews the submission and assesses the candidate's suitability for the role.
3. Interview and Hire: If the candidate is