Toast Referral Bonus Program: A Comprehensive Guide

Toast, a leading restaurant management platform, values referrals from employees to help find top talent. The referral bonus program is a testament to this, offering substantial incentives for successful referrals. Here's a detailed breakdown of what you can expect from the Toast referral bonus program, particularly focusing on tech and product roles.

Referral Bonus Details

Eligibility

• Who can refer: All active Toast employees are eligible to participate in the referral program.
• Who can be referred: Candidates who are not currently employed by Toast or have not been interviewed in the last 12 months.

Bonus Amounts

Toast offers competitive referral bonuses, especially for high-demand roles. Here’s a detailed estimate of the bonus structure:

• Tech Roles (e.g., Software Engineers, Data Scientists, DevOps, etc.):

  • Junior to Mid-Level Positions: $3,000 - $5,000
  • Senior to Lead Positions: $5,000 - $8,000

• Product Roles (e.g., Product Managers, UX/UI Designers, etc.):

  • Junior to Mid-Level Positions: $2,000 - $4,000
  • Senior to Lead Positions: $4,000 - $7,000

• Other Roles (e.g., Sales, Marketing, Operations):

  • Junior to Mid-Level Positions: $1,000 - $3,000
  • Senior to Lead Positions: $3,000 - $6,000

Payment Structure

• Bonuses are typically paid out in two installments:
  • First installment: 50% of the bonus is paid after the referred candidate completes their first 90 days of employment.
  • Second installment: The remaining 50% is paid after the candidate completes six months of employment.

Additional Notes

• Multiple Referrals: