Sage Therapeutics Referral Bonus Program

Sage Therapeutics, a biopharmaceutical company committed to developing innovative medicines, offers a competitive referral bonus program to encourage employees to refer qualified candidates for open positions. This program is designed to attract top talent, particularly in tech and product roles, but also extends to other departments.

Overview of the Referral Bonus Program

• Eligibility: All current Sage Therapeutics employees are eligible to participate, except for those involved in the hiring process for the referred position.

• Referral Bonus Amounts: The bonus amounts vary based on the role and seniority level of the position. Below are the estimated bonus figures for different categories:

  • Tech/Product Roles:

    • Entry Level: $2,000
    • Mid-Level: $4,000
    • Senior Level: $6,000

  • Other Roles (e.g., Clinical, Administrative):

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

Process and Guidelines

1. Submission: To refer a candidate, employees must submit the candidate's resume and a completed referral form through the company's internal referral portal before the candidate applies.

2. Eligibility Criteria:

   • The referred candidate must be hired as a full-time employee.
   • The candidate must successfully complete a probationary period, typically 90 days, for the referrer to qualify for the bonus.

3. Payment Schedule: The referral bonus is typically paid out in the payroll cycle following the candidate's successful completion of their probationary period.

4. Multiple Referrals: If a candidate is referred by multiple employees, the bonus will be awarded to the first referrer based on the timestamp of submission.

5. Exclusions: Referrals of former employees, interns, or contractors who have