All Buddy referrals will be through Buddy Portal and Referrer must provide all relevant details like Passport Details, Date of Birth & Email ID of Buddy without any ambiguity in the Buddy portal. Profiles referred through any other means will not be eligible for consideration under the Buddy Scheme.
ELIGIBILITY/APPLICABILITY TO PROCEED WITH BUDDY REFERRAL.
a) Buddy referrals can be submitted against all Lateral open demand in bands U2 to E1 and
b) Candidature of a Buddy will remain valid for consideration against any opening for a maximum period of three months (90 days) from the date of screening by the Recruiter (Applicant id creation Date) Thus, associate would be eligible for Referral Fee even if the Buddy doesn't get selected against the opening for which buddy was referred initially but gets selected subsequently (within this six months validity period) for another opening and joins Tech M.
An associate must fulfill following additional criteria to be eligible for Referral Fee: -
i. Referred candidate should have been registered in the Buddy Portal with an Applicant Id.
ii. Referrer should have provided correct details pertaining to Buddy being referred including details like IT PAN Card No., Passport Details, Date of Birth, Email ID and ex-Tech M ID details without any ambiguity in the Buddy Tool. Profile/s uploaded with incorrect details will not be eligible for the referral.
iii. Buddy bonus payout will be subject to applicable tax deductions: -
iv. The buddy bonus is payable after the Buddy completes 90 days in TechM subject to fulfillment of all other criteria mentioned in this policy with the ensuing payroll-cycle.
v. At the time of payment of Referral Fee, Buddy/Referrer should not be Serving Notice Period/ Resigned/ Separated.
vi. The Background Verification (BV) should have been successfully completed and the BV Status should be Green/Green from Red/Green from Amber. for Buddy and BV of the referral associate should Green/Green from Red/Green from Amber/NA (ie Rebadging/Acquisition/Group co) .
vii. Candidate(s) being referred as Buddy should not have been an employee of Tech M or its subsidiaries any time in a period of 12 months immediately preceding the subscription of candidature as Buddy.
viii. Candidate/Buddy should not be a member of family of associate referring his/her candidature. Here, the term Family encompasses Spouse, Children including legally adopted ones and Siblings .
ix. Referrer should not have been on Selection Panel for the position for which the referred candidate is being considered for, at any stage .
x. Referrer should not have reporting relationship with Buddy till the time payment is made of buddy joining.
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Buddy Bonus
| Band of Buddy |
India (INR) |
USA (USD) |
UK (USD) |
Europe (USD) |
ANZ (USD) |
Japan (USD) |
Indonesia & China (USD) |
ROW (USD) |
DOU Mexico (USD) *Payable as per Policy |
| U2/U3 |
18,750 |
1,125 |
975 |
1,125 |
750 |
1,500 |
500 |
375 |
1,000 |
| U4 |
37,500 |
1,875 |
1,875 |
1,875 |
1000 |
2,250 |
750 |
525 |
1,125 |
| P1 |
52,500 |
2,250 |
2,250 |
2,250 |
1,500 |
3,000 |
1,125 |
750 |
1,125 |
| P2 / E1 / RG1 |
75,000 |
2,250 |
2,250 |
2,250 |
1,500 |
3,000 |
1,125 |
750 |
1,500 |