Mid Penn Bancorp Referral Bonus Overview

Mid Penn Bancorp offers a referral bonus program designed to incentivize employees to refer qualified candidates for open positions within the company. This program is particularly focused on attracting talent for tech and product roles, given the increasing demand for skilled professionals in these areas. Below is a detailed overview of the referral bonus structure, estimates, and how it applies to tech/product roles, with additional insights into other departments.

Referral Bonus Structure

Tech/Product Roles

1. Software Engineers & Developers

   • Referral Bonus: $3,000
   • Eligibility Criteria: The referred candidate must successfully complete a probationary period of 90 days.
   • Payout Structure:
     • $1,500 upon completion of the candidate's first 90 days.
     • $1,500 after the candidate completes 6 months.

2. Product Managers

   • Referral Bonus: $2,500
   • Eligibility Criteria: The candidate must be hired for a full-time position and pass the standard 90-day performance review.
   • Payout Structure:
     • $1,250 after the first 90 days.
     • $1,250 after 6 months of employment.

3. Data Analysts & Scientists

   • Referral Bonus: $2,000
   • Eligibility Criteria: A successful hire that remains employed for at least 90 days.
   • Payout Structure:
     • $1,000 upon completion of 90 days.
     • $1,000 after 6 months.

Other Roles

1. Financial Analysts

   • Referral Bonus: $1,500
   • Eligibility Criteria: Completion of a 90-day probationary period.
   • Payout Structure:
     • $750 after 90 days.
     • $750 after 6 months.

2. Customer Service Representatives

   • Referral Bonus: