Dear Sir/Madam Can any one forward me a sample employee referal policy ? Regards Vinay
From India, Hyderabad
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24From India, Hyderabad
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Dear Vinay,
Employee referral schemes pertaining to recruitment depend upon the nature of the industry. Some industries that are more manpower-intensive always fall short of manpower. Under these circumstances, the HR department always remains under pressure for recruitment and retention of employees. Employee referral schemes play a significant role in this context, with both positive and negative impacts on the organization. Negative impacts can never be eliminated, but they can be minimized to further consolidate the scheme.
If you are in the process of formulating an Employee Referral Scheme, please consider the following points:
1. The policy should be designed for a specific category of employees to maintain professionalism in the company.
2. Employees must be informed of the parameters expected by the company from new recruits.
3. Monetary benefits can be shared with the employee whose recommendations helped the organization finalize the selection of a candidate.
4. These monetary benefits can be shared in several stages, e.g., 15% of the hiring cost may be paid to the concerned employee upon the new employee's joining, another 25% after the completion of one month of service by the new hire, and the balance after three months of service or after the employee's confirmation into the company's services.
5. The rationale behind the above is that the recommending employee will assist the new hire in understanding the organizational culture, thereby reducing the settling-in time.
6. The background of the new selection can be verified through the present employees.
7. The recommended employee should have a minimum of two years of service in the organization.
8. Employees who have received a warning letter or have been charged in the past should be excluded from the scheme.
9. Not more than two recommendations should be accepted from one employee during a year. The number may vary depending on the organization's requirements and current workforce.
10. Negative impacts such as unionism may arise in the organization. Unity among acquaintances is stronger compared to independent referrals. Psychometric impacts on known cases are more effective and may lead to frustration and demoralization.
These are my suggestions for the scheme. I hope this will assist you in formulating the scheme.
Regards,
Anil Anand
From India, New Delhi
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Employee referral schemes pertaining to recruitment depend upon the nature of the industry. Some industries that are more manpower-intensive always fall short of manpower. Under these circumstances, the HR department always remains under pressure for recruitment and retention of employees. Employee referral schemes play a significant role in this context, with both positive and negative impacts on the organization. Negative impacts can never be eliminated, but they can be minimized to further consolidate the scheme.
If you are in the process of formulating an Employee Referral Scheme, please consider the following points:
1. The policy should be designed for a specific category of employees to maintain professionalism in the company.
2. Employees must be informed of the parameters expected by the company from new recruits.
3. Monetary benefits can be shared with the employee whose recommendations helped the organization finalize the selection of a candidate.
4. These monetary benefits can be shared in several stages, e.g., 15% of the hiring cost may be paid to the concerned employee upon the new employee's joining, another 25% after the completion of one month of service by the new hire, and the balance after three months of service or after the employee's confirmation into the company's services.
5. The rationale behind the above is that the recommending employee will assist the new hire in understanding the organizational culture, thereby reducing the settling-in time.
6. The background of the new selection can be verified through the present employees.
7. The recommended employee should have a minimum of two years of service in the organization.
8. Employees who have received a warning letter or have been charged in the past should be excluded from the scheme.
9. Not more than two recommendations should be accepted from one employee during a year. The number may vary depending on the organization's requirements and current workforce.
10. Negative impacts such as unionism may arise in the organization. Unity among acquaintances is stronger compared to independent referrals. Psychometric impacts on known cases are more effective and may lead to frustration and demoralization.
These are my suggestions for the scheme. I hope this will assist you in formulating the scheme.
Regards,
Anil Anand
From India, New Delhi
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Hey everyone, I'm new to the forum. I'll be posting more detail in another thread on this forum, but you may be interested in checking out myzeek.com. It's referral-based hiring, where the recommendations are made by professional recruiters. You only pay when you hire, and the placement fees can be as low as $3,000. Check it out, you can post your openings for free.
-Mitch
Myzeek.com
From United States, Jersey City
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-Mitch
Myzeek.com
From United States, Jersey City
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Dear Anuraddha, thanx so much for the referral program template, I just want to know : can we pay lumpsum amount at one shot itself, at the time of enrolling refered employee? thanx Tehzeeb
From India, Pune
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From India, Pune
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HireCraft Software Pvt. Ltd., Bangalore, offers a comprehensive solution for the Employee Referral process. We develop both the process (optimized as per the company policy) and implement software to help organizations achieve significant recruitment through the referral process. You may write to neelima@hirecraft.com to learn more about ER Practice.
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Can you tell me what the professional fees are charged per employee background check, i.e., Educational Background, Employment History, which includes two employer references?
Kindly revert to: myjobmantri@gmail.com
From India, Bangalore
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Kindly revert to: myjobmantri@gmail.com
From India, Bangalore
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Employee referral scheme new.doc