PJT Partners Referral Bonus Overview

PJT Partners offers a referral bonus program as an incentive for employees to refer qualified candidates for open positions. This program is designed to attract top talent by leveraging the networks of current employees. Below is a detailed overview of the referral bonus structure, focusing on tech/product roles, with additional mention of other roles where applicable.

Referral Bonus Structure

1. Tech/Product Roles:

   • Software Engineers, Data Scientists, Product Managers:
     • Bonus Amount: $5,000 - $7,000
     • Payout Structure: Typically, the bonus is paid out in two installments: 50% upon the referred candidate's successful completion of 3 months, and the remaining 50% after 6 months of employment.
     • Eligibility: Both the referrer and the referred candidate must be active employees at the time of payout.

2. Other Roles:

   • Finance, Operations, HR:
     • Bonus Amount: $3,000 - $5,000
     • Payout Structure: Similar to tech roles, structured in two parts based on the tenure of the referred hire.
     • Eligibility: Consistent with the tech/product roles, the referrer must be employed at the time of both payout installments.

Eligibility and Conditions

• Eligible Employees: All full-time employees are eligible to participate in the referral program, with the exception of those involved in the hiring process for the referred role.
• Eligible Referrals: Candidates must be hired for a full-time position. Part-time or temporary positions typically do not qualify for the bonus.
• Duplicate Referrals: If a candidate is referred by multiple employees, the bonus is usually awarded to the first referrer whose referral is submitted through the official channels.
• Exclusions: Former employees and candidates already in the recruitment pipeline are generally not eligible for referral bonuses.

Estimating Referral Bonus

• **Annual