Refer new talent to The Toro Company
Minnesota, United States
10,001-25,000 Employees
Legal
Typical Referral Bonus
According to employees, the average referral bonus at The Toro Company is $5,000
The Toro Company Referral Bonus Program
The Toro Company values its employees and encourages them to help identify and recruit top talent to join the team. The referral bonus program is designed to reward employees who successfully refer candidates for open positions within the company, particularly in tech and product roles. Below is a detailed overview of the program, including estimated bonus amounts.
Key Features of the Referral Bonus Program
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Eligibility: All current employees of The Toro Company are eligible to participate in the referral bonus program, except for those involved in the hiring process for the referred position (e.g., HR personnel, hiring managers).
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Eligible Positions: While referrals for all open positions are encouraged, there is a particular emphasis on tech and product roles due to the high demand for talent in these areas. Other roles eligible for referral bonuses include sales, marketing, and operations.
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Referral Bonus Amounts: The bonus amount varies depending on the role and its level. Below are estimated amounts for tech and product roles as well as other positions:
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Tech / Product Roles:
- Junior Level (e.g., Software Engineer I, Associate Product Manager): $1,000
- Mid Level (e.g., Software Engineer II, Product Manager): $2,000
- Senior Level (e.g., Senior Software Engineer, Senior Product Manager): $3,000
- Leadership Positions (e.g., Tech Lead, Head of Product): $4,000
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Other Positions:
- Entry-Level (e.g., Marketing Coordinator, Sales Associate): $500
- Mid-Level (e.g., Marketing Manager, Sales Manager): $1,500
- Senior-Level (e.g., Director of Marketing, Regional Sales Director): $2,500
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Payment Terms: The referral bonus is typically paid out in two installments:
- 50% of the bonus is paid after the referred candidate completes their first
Financials
Type
public
Annual Revenue
--
Market Cap
$7.4B+