Uploaded on Feb 11, 2022
The employee referral policy simply means a process of recruitment wherein an existing employee refers a candidate for an opening in the organisation. It is one of the most prominent sources of recruitment.
Employee Referral Policy
Employee Referral Policy
Power of networking
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!
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
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.
Who all can refer?
All regular employees of the company
Except HR employees
Except Senior management team
Except the hiring manager
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
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
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 company’s
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.
Process of employee referral
Job opening is posted on company intranet page
The referred Employees view the vacancy
candidate undergoes details on intranet/Notice board
normal interview and
selection process, if
selected, HR
informed of the same
Employee refer the candidate if
he/she has someone in contact by
Recruiter crosscheck filling in the employee referral
the details of the form
candidate and
sends form to HR
Employee’s fills in all the details in the employee
referral form
Thank You !!!
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