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Memorial Sloan Kettering Cancer Center

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Referral bonus: $5,000

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Memorial Sloan Kettering Cancer Center Referral Bonus

Memorial Sloan Kettering Cancer Center (MSKCC) offers a referral bonus program to encourage employees to refer qualified candidates for open positions within the organization. This program is designed to attract top talent, particularly in high-demand areas such as technology and product management roles. Below is a detailed overview of the referral bonus program, with a focus on tech/product roles, along with estimates and other relevant information.

Referral Bonus Overview

  • Eligibility: All current MSKCC employees are eligible to participate in the referral bonus program, except those involved in the hiring process for the specific role.
  • Eligible Roles: While the program covers a wide range of positions, tech and product roles are highlighted due to their strategic importance. These roles include software engineers, data scientists, IT specialists, product managers, and UX/UI designers.
  • Bonus Amounts:
    • Tech/Product Roles: Referral bonuses for these positions typically range from $2,000 to $5,000. The exact amount can vary based on the seniority and specialization of the role.
    • Other Roles: For non-tech positions, the referral bonus generally ranges from $500 to $2,000.

Payout Structure

  • Payment Timing: Referral bonuses are usually paid out in two installments. The first installment (often 50% of the total bonus) is paid after the referred candidate completes 90 days of employment. The remaining balance is paid after the candidate reaches their six-month employment anniversary.

Conditions

  • Candidate Eligibility: Referred candidates must not have applied to MSKCC or been employed by the organization within the past 12 months.
  • Role Availability: The referral must be for a role that is actively advertised and not filled internally.
  • Successful Hire Requirement: The bonus is only awarded if the referred candidate is successfully hired and meets the employment duration

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