Shore Bancshares Referral Bonus Program

Shore Bancshares offers a referral bonus program designed to incentivize employees to refer qualified candidates for open positions within the company. This program is especially relevant for those interested in tech and product roles, which are critical to our operations and growth. Below is a detailed overview of the referral bonus program, including estimates and specifics for tech and product roles.

Referral Bonus Structure

Tech and Product Roles

• Software Engineers: $2,000 per successful hire
• Product Managers: $2,500 per successful hire
• Data Analysts/Scientists: $2,000 per successful hire
• UX/UI Designers: $2,000 per successful hire
• Systems Administrators: $1,500 per successful hire

Other Roles

• Financial Analysts: $1,500 per successful hire
• Customer Service Representatives: $1,000 per successful hire
• Sales Executives: $1,500 per successful hire
• Marketing Specialists: $1,500 per successful hire

Eligibility Criteria

1. Current Employees: Only current employees of Shore Bancshares are eligible to participate in the referral program.
2. Referral Process: Referrals must be submitted through the official employee portal using the designated referral form.
3. Successful Hire: The referred candidate must be successfully hired and complete a minimum of 90 days of employment to qualify for the bonus payout.
4. Role-Specific Requirements: Ensure that referred candidates meet the specific qualifications and requirements of the job for which they are being referred.

Payment Details

• Timing of Bonus: Referral bonuses are typically paid out within 30 days after the referred employee has completed their initial 90-day employment period.
• Tax Implications: Referral bonuses are subject to applicable taxes, and the net amount will be reflected in the employee’s paycheck.

Program Benefits