Refer new talent to Soho House & Co
England, United States
2,000-5,000 Employees
AI
•Commerce
•Food
•Travel
Typical Referral Bonus
According to employees, the average referral bonus at Soho House & Co is $5,000
Soho House & Co Referral Bonus Program
Soho House & Co offers a structured referral bonus program to incentivize employees to recommend qualified candidates for open positions. This program is especially beneficial for tech and product roles, where finding the right talent can be particularly challenging. Below is a detailed breakdown of the referral bonus structure, focusing on tech/product roles but also providing insights into other areas.
Referral Bonus Structure
Tech/Product Roles
- Software Engineers, Product Managers, UX/UI Designers, Data Scientists:
- Referral Bonus: $2,000 - $5,000
- Eligibility: The referred candidate must be successfully hired and remain with the company for a minimum of 90 days.
- Payment Schedule: The bonus is typically paid out in the first payroll following the 90-day employment mark.
Other Roles
- Marketing, Sales, Operations:
- Referral Bonus: $1,000 - $3,000
- Eligibility: Similar to tech/product roles, the referred candidate must stay with the company for at least 90 days.
- Payment Schedule: Bonus is processed in the payroll cycle after the 90-day period.
General Guidelines
- Who Can Refer: All full-time employees are eligible to participate in the referral program.
- Referral Submission: Referrals must be submitted through the company's official referral portal or email system.
- Multiple Referrals: If multiple employees refer the same candidate, the bonus is awarded to the employee who submitted the referral first.
- Exclusions: Senior management and HR personnel involved in the hiring process are typically ineligible for the referral bonus.
Impact and Benefits
- Faster Hiring Process: Referrals often lead to quicker hiring times, as candidates are pre-vetted by employees.
- Increased Retention: Employees hired through referrals generally have higher retention rates due to cultural fit and alignment with company values.
- Cost-Effective: Referral
Financials
Type
public
Annual Revenue
--
Market Cap
$1.4B+