Employee Referral

1
Employee Referral Policy

• An overview

2
Index

• Definition of Employee Referral Policy
• How to motivate employees to refer candidates
• Advantages of employee referral
• Guidelines for employee referral
• Payout Matrix
• Responsibilities

3
Definition of employee referral

• According to Wikipedia employee referral can be
  explained as It is an internal recruitment
  method employed by the organisation to identify
  potential candidates from their existing
  employee's social network. An employee referral
  scheme encourages a company's existing employees
  to select and recruit the suitable candidate from
  their social network.

4
How to Motivate employees to refer
candidates
5
Motivation to employees continue....
6
Some more ways to motivate employees
7
ADVANTAGES OF EMPLOYEE REFERRAL
8
GUIDELINES FOR EMPLOYEE REFERRAL

• Employees should mention their name and code
  while referring a candidate
• An employee can provide maximum 3 referral in a
  year
• Only an active employee is eligible to receive
  employee referral amount
• In case the employee has resigned during 3 months
  from the date of joining of the candidate
  referred, he/she will not be eligible to referral
  amount
• Resume sourced by the candidate will be valid for
  a time period of 3 months
• If 2 employees have referred the same candidate
  only the employee who has first referred will be
  eligible to receive referral amount

9
Guidelines continue.......

• Submission of a resume to recruitment team is the
  responsibility of employee referring the
  candidate
• The interview and selection process will happen
  on merit basis only
• No special advantages would be given to the
  referred candidate
• Candidate directly approaching the HR for
  submission of resume will not be considered for
  employee referral
• An employee cannot refer any family member or
  blood relative or former company employee
• No referral will be considered in case the
  candidate resume exist already in the database

10
Some more guidelines

• Hiring process must be completed within 90 days
  of referring a candidate
• Senior management and HR are not allowed to make
  any employee referral
• All Hiring decision will be kept confidential
• The referral employee will be informed only once
  the referred candidate has been finally selected

11
Payout Matrix
Level Referral Amount
4 40,000
3 25,000
2 15,000
1 10,000
12
Responsibilities
S. No Activities Timeline Responsibility
1. An existing company employee refer a candidate by adhering to employee referral policy The interview and selection process must be completed within 90 days from the date of referring the candidate Employee referring the candidate
2. The Complete review of the details by the recruitment team 4 days Recruitment Team
3. To get the hiring approved from HOD, immediate manager and send to HR. 5 days Recruitment Team
4. Payment approval was taken from Head HR 2 days Recruitment team
5. Sending approval to HR for payroll processing 5 days Payroll Team