M&T Bank Referral Bonus Program

M&T Bank offers a referral bonus program to incentivize employees to refer qualified candidates for open positions within the company. This program applies to various roles, including tech and product positions, as well as other departments. Below is a detailed breakdown of the referral bonus program with a focus on tech/product roles and other applicable positions.

Program Overview

Eligibility

• Employees: All full-time and part-time M&T Bank employees are eligible to participate in the referral program, excluding those involved in the hiring decision.
• Referred Candidates: The candidate must be a new applicant to M&T Bank, meaning they haven't applied or been employed by the bank within the past 12 months.

Bonus Structure

The referral bonus amount varies depending on the level and category of the position being filled. Here are the estimated bonus amounts:

Tech/Product Roles

• Entry-Level (e.g., Junior Software Developer, Product Analyst)
  • Bonus: $1,000
• Mid-Level (e.g., Software Engineer, Product Manager)
  • Bonus: $2,500
• Senior-Level (e.g., Senior Developer, Lead Product Manager)
  • Bonus: $5,000

Other Roles

• Entry-Level (e.g., Customer Service Representative)
  • Bonus: $500
• Mid-Level (e.g., Branch Manager)
  • Bonus: $1,500
• Senior-Level (e.g., Regional Director)
  • Bonus: $3,000

Payment Terms

• The referral bonus is typically paid out in two installments:
  1. First Installment: 50% of the bonus amount is paid after the referred candidate completes their first 90 days of employment.
  2. Second Installment: The remaining 50% is paid after the referred