Refer new talent to Orchid Island Capital

Orchid Island Capital Referral Bonus Program

Orchid Island Capital offers a competitive referral bonus program to incentivize employees to refer qualified candidates for open positions. This program is designed to help the company attract top talent across various roles, with a special focus on tech and product positions. Below is a detailed overview of the referral bonus structure for these roles, as well as other positions within the company.

Tech/Product Roles Referral Bonus

Orchid Island Capital recognizes the importance of building a strong tech and product team. As such, the referral bonuses for these roles are particularly generous:

• Software Engineers: $5,000
• Product Managers: $4,500
• Data Scientists: $4,000
• UX/UI Designers: $3,500
• DevOps Engineers: $4,000

Other Roles Referral Bonus

While the focus is on tech and product roles, referrals for other positions are also encouraged and rewarded:

• Finance Analysts: $3,000
• Marketing Specialists: $2,500
• Sales Executives: $2,500
• Human Resources Managers: $2,000
• Administrative Staff: $1,500

Program Details

• Eligibility: All full-time employees of Orchid Island Capital are eligible to participate in the referral bonus program.
• Payout Structure: The referral bonus is typically paid out in two installments:
  • 50% upon the new hire’s completion of their first 90 days.
  • 50% after the new hire completes six months of employment.
• Referral Process: Employees must submit their referrals through the company’s internal referral portal, ensuring the candidate mentions the referring employee during the application process.
• Maximum Referrals: There is no limit to the number of referrals an employee can make. However, bonuses are only paid for successful hires.

Estimations and Impact