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Get the free Candidate referral fee schedule - Minority Professional Network

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MPN DIVERSITY RECRUITERS THE VIABLE SOURCE OF TOP TALENT FOR DIVERSITY-FOCUSED EMPLOYERS A wholly owned division of Minority Professional Network, Inc. MPN Diversity Recruiters A Wholly Owned Division
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How to fill out candidate referral fee schedule

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To fill out a candidate referral fee schedule, follow these steps:

01
Start by gathering the necessary information: Collect all relevant details about the referred candidate, such as their name, contact information, and the position they are applying for. Additionally, have the referral fee agreement or policy on hand to reference any specific requirements or guidelines.
02
Determine the referral fee amount: Consult the referral fee policy or agreement to determine the appropriate fee for the referred candidate. This could be a fixed amount or a percentage of the candidate's starting salary.
03
Document the referral fee schedule: Create a table or spreadsheet to record the referral fee details. Include columns for the candidate's name, position, referral fee amount, and any additional notes or comments.
04
Fill in the candidate information: Enter the details of the referred candidate into the appropriate columns of the referral fee schedule. Make sure the information is accurate and complete.
05
Calculate the referral fee amount: Based on the referral fee policy or agreement, calculate the fee for each referred candidate. If it's a fixed fee, simply enter the predetermined amount. If it's a percentage, multiply the candidate's starting salary by the specified percentage to determine the fee.
06
Complete any additional fields: If there are any other fields in the referral fee schedule template, such as the date of referral or the status of the candidate's application, fill them out accordingly.
07
Review and double-check: Before finalizing the referral fee schedule, review all the information entered to ensure accuracy. Verify that the referral fee amounts have been calculated correctly.

Who needs a candidate referral fee schedule?

A candidate referral fee schedule is useful for companies or organizations that have a referral program in place. It helps track and document the details of referred candidates and the corresponding referral fees. Human resources departments, recruiters, and hiring managers can benefit from using a candidate referral fee schedule to ensure transparency and consistency in their referral programs.
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The candidate referral fee schedule is a document that outlines the fees charged for referring potential candidates for job openings.
Employers or recruitment agencies who charge fees for referring candidates are required to file the candidate referral fee schedule.
The candidate referral fee schedule must be filled out by providing details of the fees charged for referring candidates, including the amounts and payment terms.
The purpose of the candidate referral fee schedule is to ensure transparency and clarity in the fees charged for referring candidates.
The candidate referral fee schedule must include details of the fees charged, the payment terms, and any other relevant information.
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