Progyny Referral Bonus Program

Progyny offers a lucrative referral bonus program to encourage employees to refer talented individuals for various roles within the company. This initiative not only helps in building a robust team but also rewards employees for contributing to the company's growth. Below is a detailed breakdown of the referral bonus structure, specifically focusing on tech and product roles, along with an overview of other roles.

Referral Bonus for Tech/Product Roles

Progyny recognizes the competitive landscape of hiring in the tech and product domains and thus offers generous referral bonuses for these positions. The exact bonus amounts can vary based on the level and criticality of the role, but here are some typical estimates:

• Junior Level Positions (e.g., Junior Developer, Associate Product Manager)

  • Bonus Estimate: $2,000 - $3,000
  • Eligibility: Referral bonus is paid out after the new hire completes 90 days with the company.

• Mid-Level Positions (e.g., Software Engineer, Product Manager)

  • Bonus Estimate: $3,500 - $5,000
  • Eligibility: Referral bonus is paid out in two installments—50% after the new hire completes 90 days and the remaining 50% after six months.

• Senior Level Positions (e.g., Senior Software Engineer, Senior Product Manager)

  • Bonus Estimate: $5,500 - $7,000
  • Eligibility: Referral bonus is paid out in two installments—50% after the new hire completes 90 days and the remaining 50% after six months.

• Leadership Positions (e.g., Tech Lead, Director of Product)

  • Bonus Estimate: $8,000 - $10,000
  • Eligibility: Referral bonus is paid out in three installments—40% after the new hire completes 90 days, 30% after six months, and 30% after one year.

Referral Bonus for Non-Tech