Employee Referral Scheme Policy
An Employee Referral Scheme encourages employees to refer potential candidates for vacancies to their employers in exchange for a financial reward in the form of an introductory bonus. This Employee Referral Scheme Policy sets out the rules which apply to a staff introduction scheme.
The policy covers:
• Aims of the Policy
• Terms of Employee Referral Scheme
Although there are many positive aspects to an Employee Referral Scheme, especially in cost–saving terms, employers should guard against over-reliance on this method of recruitment, as it is likely to perpetuate existing imbalances in the composition of the workforce.
This Employee Referral Scheme Policy is in open format. Either enter the requisite details in the highlighted fields or adjust the wording to suit your purposes.
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