Peloton Referral Bonus Program Overview

Peloton offers a structured referral bonus program to incentivize current employees to refer qualified candidates for open positions within the company. This program is particularly robust for tech and product roles, but also extends to other departments. Below is a detailed breakdown of the referral bonus structure, estimated payout amounts, and applicable guidelines:

Referral Bonus Structure

Tech/Product Roles

• Software Engineers:
  • Bonus Amount: $2,500
  • Eligibility: Full-time roles; Candidates must have a minimum of 3 years of experience in relevant technologies.
• Product Managers:
  • Bonus Amount: $2,500
  • Eligibility: Requires a background in product management with a focus on technology or consumer products.
• Data Scientists:
  • Bonus Amount: $2,500
  • Eligibility: Candidates should hold an advanced degree in data science or a related field and have proven experience in data analytics.

Other Roles

• Sales & Marketing:
  • Bonus Amount: $1,500
  • Eligibility: Positions in strategic sales and marketing roles that contribute directly to revenue growth.
• Operations:
  • Bonus Amount: $1,000
  • Eligibility: Includes roles in supply chain, logistics, and customer service operations.

Eligibility Criteria

1. Full-Time Employment: The referral bonus is applicable only for full-time positions.
2. Successful Hire: The referred candidate must complete a minimum of 90 days of employment to qualify for the bonus payout.
3. Employee Status: Only current Peloton employees are eligible to participate in the referral program.

Process

1. Submission: Referrals must be submitted through Peloton’s internal referral portal. Employees should provide detailed information about the candidate’s qualifications and fit for the role.
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