Hi Friends,
                                              Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do.
                                                  There is just no time to look back, no time to wonder,"Will anyone read these pages?"
                                       With regards,
                                       Hemen Parekh
                                       27 June 2013

Wednesday, 9 April 2014

Placement Revenue

A corporate employer participating in KaunBanegaBhagyashali, will be liable to pay the following "Placement Service" fees:

For each candidate selected / appointed by the corporate thru online headhunt on the program, the corporate will pay a lump-sum of Rs.50,OOO as soon as the appointment letter is issued.

This fee is non-refundable in case the selected candidate fails to join duty.

Before being accepted to "participate" in the online head hunt in the program, each corporate will be required to deposit a non-refundable advance of Rs 5 lakhs.

As soon as the appointment-letter gets issued, the "placement service" fees due from a corporate, will get adjusted from the advance and the advance will, corresponding, stand reduced.

A soon as the balance of the advance reaches Rs 1 lakh or less, the corporate would be asked/required to deposit a further sum of Rs 5 lakh, in case the Corporate wishes to continue its participation in the program.

The amount of "advance" could be different for different Corporates depending upon no. of "shows/episodes" in which a corporate wants to participate during the first year of operation (this no. will have to be agreed upon in advance since a given corporate will not be allowed to conduct more than ONE online headhunt, during one program).