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
From United States, Englewood
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Thank you in advance!
Best, Sona
From United States, Englewood
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Hi Referral bonus will vary from Organisation to Organization based on the demand for particular skill set.
From India, Madras
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1015From India, Madras
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Referral Bonus
A referral bonus is paid to any employee of the organization who refers a candidate for employment. If the referred candidate is selected, the bonus is paid to the concerned employee. The amount of the referral bonus is usually less than the cost of hiring through newspaper ads or any agency. It varies from organization to organization, typically ranging from 8 to 10% of CTC.
Regards, S K Bandyopadhyay
From India, New Delhi
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A referral bonus is paid to any employee of the organization who refers a candidate for employment. If the referred candidate is selected, the bonus is paid to the concerned employee. The amount of the referral bonus is usually less than the cost of hiring through newspaper ads or any agency. It varies from organization to organization, typically ranging from 8 to 10% of CTC.
Regards, S K Bandyopadhyay
From India, New Delhi
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Amendment to Payment of Bonus Act 2015.jpg
Bonus act amendment gazette copy.pdf
Bonus-amendment _206.doc