The Bank of New York Mellon Referral Bonus Program

The Bank of New York Mellon (BNY Mellon) offers a referral bonus program to encourage employees to refer qualified candidates for open positions within the company. This program is designed to attract top talent, especially in high-demand areas such as technology and product roles. Below are the details of the referral bonus program with a focus on tech and product roles, along with estimates where applicable.

Overview of the Referral Bonus Program

BNY Mellon's referral bonus program is structured to incentivize employees to refer potential candidates by offering monetary rewards. The program applies to various roles across the organization but places a particular emphasis on critical areas like technology and product development.

Eligibility

• Employees Eligible for Referral Bonus: Full-time employees of BNY Mellon are eligible to participate in the referral bonus program.
• Referred Candidates: The referred candidate must not have applied to BNY Mellon within the last 12 months and must be hired for a full-time position.

Bonus Amounts

The referral bonus amounts can vary based on the role and level of the position being filled. Below are the typical bonus amounts associated with different categories of roles:

• Tech and Product Roles:

  • Junior Positions (e.g., Software Engineer, Product Analyst): $1,000 to $2,000
  • Mid-Level Positions (e.g., Senior Developer, Product Manager): $3,000 to $5,000
  • Senior Positions (e.g., Tech Lead, Senior Product Manager): $6,000 to $10,000

• Other Roles:

  • Junior Positions: $500 to $1,500
  • Mid-Level Positions: $2,000 to $3,000
  • Senior Positions: $4,000 to $6,000

Payment Terms

• Payout Schedule: The referral bonus is typically paid out after the referred candidate has successfully