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Dear All,Kindly find the attached copy of the 'EMPLOYEE REFERRAL SCHEME' for one concept in Recruitment! Your feedback and suggestions will be appreciated!Thank you.
Hello,I am looking to develop a questionnaire on the effectiveness of an employee referral program/system. Please help.
Hi, I would like to know whether a successful employee referral program can run without a monetary incentive for selected candidates. If yes, how? Also, for decentralized set-ups where there is no central resource for screening the 'n' number of profiles sent by...
Hi Rukmini,Yeah, it can run without the monetary incentive. After the recession phase, people are interested in finding a job with some stability. Because of that, they prefer to join a company that is referred by personal connections rather than recruitment age...
Hi,Could I request a sample email for sending an employee referral email inviting them to provide their references? I need this urgently. Can anyone help me out?Thank you.
Hello,Instead of giving a referral bonus on a percentage of CTC basis, you should fix a set amount depending on the grade of the incoming employee and their experience. This amount should be released upon completion of the probationary period by the new incumben...
Dear (Cite Contribution),Thank you for the reply. However, my view is that in the meantime, we should not disclose the salary details of the new employee to anyone. If we are going to share the percentage (8.33%) of the salary as the referral bonus, there is def...
Hi Vineetha,It is not mandatory. It's up to your organization's top management's decision.Regards,Narayan
Hi Narayan,Thank you for your input. I would need further clarification on the first line of the consideration points. Even though candidates are referred, they will have to go through all rounds of the interview. In such a scenario, blocking the referral bonus ...
Dear Vinitha,If you are hiring for identical pay packages, declaring a block payment as a referral bonus would make sense.However, when there is a disparity in pay and you are hiring for various kinds of roles, here's how the 8.33% for an employee works.The amou...