Pioneer Bancorp Referral Bonus Program

Pioneer Bancorp offers a competitive referral bonus program designed to attract top talent through employee networks. This program is particularly beneficial for tech and product roles, which are critical to the company's growth and innovation. Here’s a detailed breakdown of how the referral bonus program works, including estimates for tech/product roles and other positions.

Referral Bonus Structure

Tech/Product Roles

• Software Engineers, Product Managers, Data Scientists
  • Bonus Amount: $5,000
  • Payout Schedule:
    • $2,500 after the new hire completes 3 months of employment.
    • $2,500 after the new hire completes 12 months of employment.

Other Roles

• Sales, Marketing, Customer Support
  • Bonus Amount: $2,000
  • Payout Schedule:
    • $1,000 after the new hire completes 3 months of employment.
    • $1,000 after the new hire completes 12 months of employment.

Eligibility Criteria

1. Referrer Requirements:

   • Must be a current employee of Pioneer Bancorp at the time of referral and payout.
   • Cannot be part of the hiring decision process for the referred candidate.

2. Candidate Requirements:

   • Must be a new candidate and not previously employed or considered for employment at Pioneer Bancorp in the past 12 months.

3. Position Requirements:

   • The referred candidate must be hired into a permanent, full-time position.

Additional Details

• Cap on Referrals: There is no limit on the number of referrals an employee can make. However, bonuses are capped at $10,000 per employee per calendar year.
• Tax Implications: Referral bonuses are subject to all applicable taxes and will be processed through payroll.

How to Refer a Candidate

1. Submission: Employees should submit referrals through the internal