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Objective:

To reward Team Members of KRUPL who help identify and refer competent talent in order to meet our resource requirements at an optimum cost.

Eligibility:

All Team Members including trainees on payroll of the Company are covered under this policy. However, this policy is not applicable to HR & Admin (excluding Front Office & Guest Relations), HODís, General Managers and above of KRUPL.
Trainees for this purpose will include Management Trainee and Officer Trainee.

Procedure:

A Team Member may refer individuals who fit the specifications given in job descriptions for the vacancies posted on the Intranet. In case the resume exists in the data bank, the referral process will be terminated.

The Team Membersí involvement is limited only to the submission of the resume and will not in anyway be influential in the interview or compensation finalization of the candidate.

The referred candidate will undergo the regular recruitment procedure as per the norms and selection will be considered only if met with the requirements of the existing vacant position.

There will be no specific canvassing in case of a referred candidate by both the employee who has referred him and the HR.


A referred candidate if selected in the Company, results in the employee being eligible for a monetary reward of Rs. 3000/- per point as detailed below.

Employee Referral Scheme
Grade
Designation
Points
Reward Amount (Rs.)
V3 to V1
AVP to Sr.VP
10
30000
G4 - GS
AGM to Sr.GM
7
21000
M4 to M1
Asst.Mgr to Sr.Mgr
5
15000
O4 to O1
Jr.Officer to Sr.Officer
3
9000
S5 to S1
Sub staff (Peons/Drivers/Pantry Boys) to Sr.Asst.
1
3000
The above points will accrue to the Team Member in two installments ie. Initial payment (25%) will be made on confirmation of the candidate and balance payment (75%), on completion of 1 year with the organization.
During the aforesaid period of 1 year, if the candidate resigns from the organization, the scheme will not be applicable and the balance payment will not be payable.

Please Note:

All recommendations made by KRUPL Team Members must come from their personal contacts / connections and not through any recruitment agency.

Income Tax:

Rewards will be taxable as per taxation rules prevailing at that point of time whenever applicable.



Hi My name is Smriti. I was just going through the employee referral scheme being followed in your company. I have one query regarding the same.
Can you please tell me how the points get collected?
Also please tell me how grade & designation are linked to each other in your scheme?

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