Parchment Referral Bonus Program

Parchment values the power of referrals and believes that great talent knows great talent. Our referral bonus program is designed to incentivize and reward employees who refer candidates who go on to join our team. Below, we provide a detailed overview of the referral bonus structure with a focus on tech and product roles, while also mentioning other roles within the company.

Referral Bonus Structure

Tech & Product Roles

1. Software Engineers (Junior to Mid-Level)

   • Referral Bonus: $3,000
   • Payout Schedule:
     • $1,500 after the new hire completes 90 days
     • $1,500 after the new hire completes 6 months

2. Senior Software Engineers

   • Referral Bonus: $5,000
   • Payout Schedule:
     • $2,500 after the new hire completes 90 days
     • $2,500 after the new hire completes 6 months

3. Product Managers

   • Referral Bonus: $4,000
   • Payout Schedule:
     • $2,000 after the new hire completes 90 days
     • $2,000 after the new hire completes 6 months

4. Data Scientists

   • Referral Bonus: $4,500
   • Payout Schedule:
     • $2,250 after the new hire completes 90 days
     • $2,250 after the new hire completes 6 months

Other Roles

1. Marketing Specialists

   • Referral Bonus: $2,000
   • Payout Schedule:
     • $1,000 after the new hire completes 90 days
     • $1,000 after the new hire completes 6 months

2. Sales Representatives

   • Referral Bonus: $2,500
   • Payout Schedule: