0 0

Employee Referral Program Policies and Guidelines

ABOUT THIS DOCUMENT

This Employee Referral Program Policies and Guidelines sets forth an incentive system for a company’s employees to assist in recruiting new workers to the company. Such a program offers an extra benefit for existing employees by establishing a payout structure for referrals and can reduce a company’s recruitment costs. This document contains necessary and standard information for such a program but can be further customized to fit the needs of an employer.

Reads: 460 times
Used: 2 times
Pages: 4
Size: 137 kb
Format: Word Document

Text Version

This Employee Referral Program Policies and Guidelines sets forth an incentive system

for a company’s employees to assist in recruiting new workers to the company. Such a

program offers an extra benefit for existing employees by establishing a payout

structure for referrals and can reduce a company’s recruitment costs. This document

contains necessary and standard information for such a program but can be further

customized to fit the needs of an employer.

Employee Referral Program Policies and Guidelines







1. Background and Purpose. This Employee Referral Program of _________________

[Instructions: Insert name of company] (the “Company”) is implemented to assist the

Company to meet its workforce needs. The program utilizes Company’s

_________________ [Instructions: Insert number of persons in workforce] workforce to

recruit new and valuable employees to the company. Further, the program presents a very

good opportunity for you to earn additional pay, because for every successful referral you

make, you will earn cash bonuses. When you make a successful referral, not only will you

earn additional money, you will have the pleasure of knowing you have assisted the

Company greatly.





2. Payout Structure. Referrals will be accepted for the following positions:

A. Position and reward: _________________ [Instructions: Insert the name of the

position and corresponding reward].

B. Position and reward: _________________ [Instructions: Insert the name of the

position and corresponding reward].

[Comment: Insert additional rows, if needed. Many companies will offer the Company’s

own goods or services as a reward. The reward does not necessarily need to be a payment

of money. Additionally, the reward should not be so large that employees are encouraged to

refer unqualified persons for the positions].







3. Eligibility for Participation in Program. Eligible referrers include:

A. _________________ [Instructions: Set forth who is eligible to participate in the

program. e.g. current employee, recent graduate from designated school who has

desired connections].





4. Ineligible Referrers. Ineligible referrers include _________________ [Instructions: Set

forth who is eligible to participate in the program].





[Comment: User may consider limiting the number of qualifying referrals that an

individual employee can make during a designated time. This restriction may encourage

the employee to preserve the employee’s referrals for the best qualified candidates that the

employee knows. This restriction, though, will reduce the number of referrals].







5. Ownership Rights for Referrals. With a referral, you will have the right for that candidate for

_________________ [one (1)] year [Comment: This number is not provided for by law,

but can be any number the user chooses.]. Once a referral is entered with

_________________, [Instructions: Person or department that is administering the

program] another employee cannot refer that person to the Company.





6. Procedure for Referring a Candidate.

A. On the application form, an applicant must indicate that they were referred to the

Company by you.

B. [Comment: User should insert any additional procedural requirements].





7. Award Payment.

A. Once the referral is hired and completes _________________ [ninety (90)] days

[Comment: This number is not provided for by law, but can be any number the user

chooses.] of service on the job, the cash award will be processed. Please allow one

month for processing payment.

B. Eligible referrers will receive the gross amount of the reward.









© Copyright 2012 Docstoc Inc. 3

INFORMATION AND FORMS ARE PROVIDED "AS IS" WITHOUT ANY EXPRESS OR IMPLIED WARRANTY OF ANY KIND

INCLUDING WARRANTIES OF MERCHANTABILITY, NONINFRINGEMENT OF INTELLECTUAL PROPERTY, OR FITNESS

FOR ANY PARTICULAR PURPOSE. IN NO EVENT SHALL DOCSTOC, INC., OR ITS AGENTS, OFFICERS, ATTORNEYS,

ETC., BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF

PROFITS, BUSINESS INTERRUPTION, LOSS OF INFORMATION) ARISING OUT OF THE USE OF OR INABILITY TO USE

THE MATERIALS, EVEN IF DOCSTOC HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. They are for

guidance and should be modified by you or your attorney to meet your specific needs and the laws of your state or jurisdiction. Use at

your own risk. Docstoc® is NOT providing legal or any other kind of advice and is not creating or entering into an Attorney-Client

relationship. The information, reports, and forms are not a substitute for the advice of your own attorney. The law is a personal matter

and no general information or forms or like the kind Docstoc provides can always correctly fit every circumstance.



Note: Carefully read and follow the Instructions and Comments contained in this document for your customization to suit your specific

circumstances and requirements. You will want to delete the Instructions and Comments from open bracket (“[“) to close bracket (“]”)

after reading and following them. You (or your attorney) may want to make additional modifications to meet your specific needs and the

laws of your state. The Instructions and Comments are not a substitute for the advice of your own attorney.



◊ Where within this document you see this symbol: ◊ or an instruction states “Insert any number you choose◊,” or something similar, or

there is a blank for the user to complete, please note that although Docstoc believes the information or number may be any that the user

chooses, and that there is no law governing what the information or number should be, you might want to verify this, including by

consulting with your own attorney practicing in your state. Because the law is different from jurisdiction to jurisdiction and the laws are

subject to change, Docstoc cannot guarantee—and disclaims all guarantees—that it is correct for the information or number to be

anything that the user chooses.



The information, forms, instructions, tips, comments, decision tree alternatives and choices, reports, and services in and through Docstoc

are not legal advice, but are general information / forms on general issues often encountered designed to help Docstoc users, members,

purchasers, and subscribers address their own needs. But information, including tips, general forms, instructions, comments, decision

tree alternatives and choices, and reports, no matter how seemingly customized to conform to the laws and regulations applicable to you,

is not the same as legal advice, which may be the specific application of laws and regulations by lawyers licensed to practice law in your

state to the specific circumstances and needs of individuals and entities. Some states, counties, municipalities, and other governmental

divisions, have highly specific laws and regulations, and our information / forms / reports may not take all those specific laws and

regulations into consideration, although we tried to do so.



Docstoc is not a law firm and the employees and contractors (including attorneys, if any) of Docstoc are not acting as your attorneys, and

none of them are a substitute for the advice of your own attorney licensed to practice law in your state. The employees or contractors of

Docstoc, who wrote or modified any form, instructions, tips, comments, decision tree alternatives and choices, and reports, are NOT

providing legal or any other kind of advice and are not creating or entering into an Attorney-Client relationship. Any such form,

instruction, tips, comments, decision tree alternatives and choices, and reports were most likely NOT prepared or reviewed by an

attorney licensed to practice law in your state, and, therefore, the employees or contractors could not provide you with legal advice even

if they or Docstoc wanted to. Even though we take every reasonable effort to attempt to make sure our information / forms / reports are

ac

THIS DOCUMENT IS BEST FOR

Get Unlimited Access to Our Complete Business Library

Plus

  • All Licenses and Permits For Your Business
  • Customized Legal and Business Forms and Agreements
  • Document Packages for Specific Situations
Learn More »

Document Recommendations

Sign-up for Docstoc Premium
Registration enables you to experience on site recommendations of documents, articles, packages and courses as well as recommendation emails for the content we think you'll love the most
Already a member?
Don't have a Facebook account?
Register with E-mail

Enter a valid email address (xxx@xxx.com)
Preloader
By registering with docstoc.com you agree to
our privacy policy and terms of service
Sign-in
Complete Access to Over 20 Million Professional Documents Including Premium Legal Contracts & Business Forms
Hundreds of Hours of Online Courses & Video Tutorials
24/7 Premium Customer Support
No Cost - No Obligation - No Risk
Use your email and password to sign-in here.
Click forgot your password if you need help.
Need to register?
Forgot Password?
Complete Access to Over 20 Million Professional Documents Including Premium Legal Contracts & Business Forms
Hundreds of Hours of Online Courses & Video Tutorials
24/7 Premium Customer Support
No Cost - No Obligation - No Risk
Use your email and password to sign-in here.
Click forgot your password if you need help.
Need to register?
Don't have a Facebook account?
Login with your Docstoc account.


Email or Username

Preloader

1. Please rate your experience on the following scale:


2. Would you recommend Docstoc to a friend?


Submit

Would you be interested in taking a longer survey for a chance to win a 1-month free subscription to Docstoc Premium?