We are currently in the process of of formulating an Employee referral scheme in our company. If anybody could help me with a sample scheme. It would be of a great help and would definitely be appreciated.
Regards,
Naveen
From India, Bangalore
Regards,
Naveen
From India, Bangalore
Policy for Employee referral scheme
* Under an employee referral scheme, existing staff are offered a cash incentive to recommend friends or former colleagues for vacancies within the company - the bonus payments are only made if the recommended candidate is successful in his or her application.
* The payments are also typically dependent on a number of other conditions being met. There is usually a probation period which new recruits must complete satisfactorily (e.g. 3 months) before the employees who recommended them are paid a bonus.
* There may also be eligibility criteria governing who can make a referral (HR department employees are usually excluded), as well as restrictions on the types of vacancies covered.
* It is advisable to advertise within company which positions are under referral scheme and what will be referral bonus
* Here are some typical bonus ideas:
- Cash Reward (more money depending on level / type of position)
- Non Cash rewards (Holiday in Goa, Camera, Mobile Ph)
- Reward more for referring more
Regards
From India, Hyderabad
2* Under an employee referral scheme, existing staff are offered a cash incentive to recommend friends or former colleagues for vacancies within the company - the bonus payments are only made if the recommended candidate is successful in his or her application.
* The payments are also typically dependent on a number of other conditions being met. There is usually a probation period which new recruits must complete satisfactorily (e.g. 3 months) before the employees who recommended them are paid a bonus.
* There may also be eligibility criteria governing who can make a referral (HR department employees are usually excluded), as well as restrictions on the types of vacancies covered.
* It is advisable to advertise within company which positions are under referral scheme and what will be referral bonus
* Here are some typical bonus ideas:
- Cash Reward (more money depending on level / type of position)
- Non Cash rewards (Holiday in Goa, Camera, Mobile Ph)
- Reward more for referring more
Regards
From India, Hyderabad
Hi there
Just wanna know ...is it feasible to provide monetary as well as non monetary rewards?
also i m in the process of preparing an employee referral scheme in order to recruit around 300 part time telemarketing executive who get paid around 7 - 10 dollars an hr.hw much ofmonetary benefits can i provide my employees for their referrals ....pl do suggest something
Tracy
From India, Pune
Just wanna know ...is it feasible to provide monetary as well as non monetary rewards?
also i m in the process of preparing an employee referral scheme in order to recruit around 300 part time telemarketing executive who get paid around 7 - 10 dollars an hr.hw much ofmonetary benefits can i provide my employees for their referrals ....pl do suggest something
Tracy
From India, Pune
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Employee Handbook, Sample.doc