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). 

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