Employee Referral Policy

1
Employee Referral Policy
2
Power of networking
3
Why an organisation must go for employee
referral?

• Can get the best quality candidate
• Best fit an organisation culture
• One of the best recruitment channel
• Increases the retention rate
• Cost effective
• Time saving
• Increase networking
• Increases employee engagement
• Last but not the least you get DIVERSE TEAM!

4
What objective employee referral will solve????

• It will help to attract new candidate by
  involving existing employees
• To award an employee for referring the
  candidate

5
Some definitions.....

• Employee referral programme policy It is a
  process wherein existing employee can forward a
  candidate profile for an opening in the
  organisation they are working for.
• Employee referral bonus programme It can be
  explained as a program wherein employer reward an
  employee with certain amount of money for
  suggesting a candidate for a particular vacant
  position in the company and the candidate finally
  get selected or hired.
• Internal referral It can be defined as a term
  used when an employee suggest a candidate for an
  internal vacancy within the organisation and the
  candidate is being hired.

6
Who all can refer?

• All regular employees of the company
• Except HR employees
• Except Senior management team
• Except the hiring manager

7
Some points to note down.....

• Employee referral form must be filled in by
  referring employee
• Should be submitted to HR department by the
  referring employee

8
Continue.....

• Referral amount will be paid on completion of 3
  months from date of joining of the candidate

• Both the existing employee and the referred
  candidate should be on the payroll of the
  organisation and must be active employees

9

• In case of duplication of referral amount, the
  employee who has first referred the candidate
  will be given preference. The first employee will
  be eligible for internal referral.
• In case a candidate directly come and submit
  resume, it will not be considered as employee
  referral.
• Employee would not be eligible for any referral
  amount in case candidate resume already exists in
  companys databank.
• Selection of referred candidate depends on merit.
  Making a referral does not mean final selection
• In Case the referred candidate has to work under
  the employee who has referred him in 3 months of
  joining no referral will be paid in this case.
• If employee resign within the time duration of
  employee referral period, no employee referral
  will be paid to employee.

10
Process of employee referral
Job opening is posted on company intranet page
Employees view the vacancy details on
intranet/Notice board
The referred candidate undergoes normal interview
and selection process, if selected, HR informed
of the same
Employee refer the candidate if he/she has
someone in contact by filling in the employee
referral form
Recruiter crosscheck the details of the candidate
and sends form to HR
Employees fills in all the details in the
employee referral form
11

• Thank You !!!