Reward the numbers of hires Offer Acceptance Rate Computation of filled vacancy Reward for completion of 90 days of new hire Reward Talent Acquisition Team for overall recruiting

1. Incentive plan

2. What Should Reward?
Reward the numbers of hires
Offer Acceptance Rate
Computation of filled vacancy
Reward for completion of 90 days of new hire
Reward Talent Acquisition Team for overall recruiting

3. Considerations
Time to take in complete recruiting process
Recruitment of critical positions
Smart Head Hunting
Source of Hiring
Less expensive process
Take benefit of Referral Process
Talent Poaching

4. Rates in DIFFERENT INDUSTRIES
Industry Incentive Range Base
Consulting 8.00%-12% Monthly Pay
Real State 5%- 10% Basic Salary/Net pay(Executive/Team Lead)
Information Technology 8.33%-12% Net Pay
Manufacturing 7%- 12% CTC

5. Incentive Matrix
Incentive Matrix Total Points achieved Incentive
Total Points
achieved Incentive
Total Points
achieved Incentive
Total Eligible
marks 20 12 to 16 50% 17 to 21 70% 21 above 100%
Sr KPIs Target Points Target Points Target Points
1 Recruitment Closed in 5 days TAT 3
Closed in 7 days
TAT 2
Closed in 10 days
TAT 1
2 Joining
3 90 days completion
4
Analytical Initiative(Head Hunting & Talent
Poaching 3points
5 Critical Position 4points
KPIs can decided accordingly.

6. Thanks