Razorpay Referral Bonus Program for Tech/Product Roles

Razorpay, a leading fintech company, has an attractive referral bonus program aimed at incentivizing employees and external referrers to recommend top talent for open positions. This guide provides a detailed overview of the referral bonuses for tech/product roles, along with estimates for other departments.

Overview of the Referral Program

Razorpay's referral program is designed to attract highly skilled professionals by rewarding individuals who refer successful candidates. The program covers various roles across the company, with a focus on tech and product positions due to the critical nature of these departments.

Referral Bonus for Tech/Product Roles

Estimated Bonus Amounts

• Software Engineers (Junior to Mid-Level): Referrals for these roles typically earn a bonus ranging from ₹30,000 to ₹50,000.
• Senior Software Engineers: Successful referrals can earn between ₹50,000 and ₹75,000.
• Product Managers: The referral bonus for these roles is generally between ₹60,000 and ₹80,000.
• Tech Leads and Architects: Referrals for these senior positions may earn a bonus of ₹75,000 to ₹100,000.

Eligibility Criteria

• Referral bonuses are awarded after the successful candidate completes a probation period (usually 3 to 6 months).
• The referrer must not be directly involved in the hiring decision for the referred candidate.
• Bonuses are applicable only for full-time positions.

Referral Bonus for Other Roles

While the focus is on tech/product roles, Razorpay also offers referral bonuses for other departments:

• Sales and Marketing Roles: Bonuses typically range from ₹20,000 to ₹40,000.
• Operations and Support: Successful referrals can earn between ₹15,000 and ₹30,000.
• Human Resources and Administration: Bonuses for these roles are generally between ₹10,000 and ₹25,000.

How to Refer a Candidate