What is the market practice in MNCs for the referral bonus and the amount for earning the certificate(Certificate bonus)?

Hello,

I was wondering if anyone can help with the amount. What is the market practice in MNCs for the referral bonus and the amount for earning the certificate(Certificate bonus) ?

Thank you in Advance!

Best,
Sona

Hi

Referral bonus will vary from Organisation to Organization based on the demand for particular skill set.

Referral bonus is paid to any employee of the organization who refer any candidate for employment. If the referral candidates is being selected the bonus is paid to the concerned employee. The amount of the referral bonus usually less than the cost of hiring through news paper clip or through any agency.

It varies from organization to organization. Usual it is 8 to 10% of CTC.

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