Rackspace Technology Referral Bonus

Rackspace Technology values the power of recommendations and has established a comprehensive referral bonus program to encourage employees to refer top talent. This program is especially attractive for tech and product roles due to the high demand for skilled professionals in these fields. Below are the details of the referral bonus program:

Referral Bonus Structure

Rackspace offers a tiered bonus system based on the role level and department. Although precise numbers can vary depending on the specifics of the role and location, here is an estimate of the referral bonuses typically offered:

• Technical Roles (e.g., Software Engineers, Product Managers):

  • Entry-Level Positions: $1,000 - $2,000
  • Mid-Level Positions: $2,500 - $4,000
  • Senior-Level Positions: $5,000 - $7,500

• Non-Technical Roles (e.g., Sales, HR, Marketing):

  • Entry-Level Positions: $500 - $1,000
  • Mid-Level Positions: $1,500 - $2,500
  • Senior-Level Positions: $3,000 - $5,000

Eligibility and Payment Process

• Eligibility: All full-time Rackspace employees are eligible to participate in the referral program, except for those involved in the hiring process for the referred candidate (e.g., hiring managers or recruiters).

• Payment Process: The referral bonus is typically paid out in two installments:

  • First Installment: 50% of the bonus is paid once the referred candidate completes 90 days of employment.
  • Second Installment: The remaining 50% is paid after the referred candidate completes six months of employment.

Conditions and Exclusions

• Referrals must be submitted through the official company referral platform to be eligible for the bonus.
• The referred candidate must not have been active in Rackspace's recruitment database within the last 12 months