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Employee Referral Program Policy - MyAlcoaBenefits

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ALCOA Policies & Procedures<br />

B<br />

<strong>Employee</strong> <strong>Referral</strong> <strong>Program</strong> <strong>Policy</strong><br />

I. Purpose<br />

United States<br />

The purpose of the <strong>Employee</strong> <strong>Referral</strong> <strong>Program</strong> (ERP) is to take advantage of the<br />

number one source of new hires for U.S. companies: referrals from current employees. Good<br />

employees know other good employees. We want to create a process that will encourage all of<br />

us to act as talent ambassadors for Alcoa.<br />

This program is designed to help source top talent, build diversity, find candidates for hard-to-fill<br />

positions, decrease cost per hire, and decrease turnover.<br />

To encourage employees to refer new talent for salaried positions within Alcoa, the referring<br />

employee will receive a monetary reward of $1,000, less applicable taxes, after their referred<br />

candidate is hired and remains an active employee for six months.<br />

II.<br />

Eligibility<br />

Referring <strong>Employee</strong><br />

Who is eligible for reward: Active full- and part-time employees at the time of referral and<br />

award payment date<br />

Who is not eligible:<br />

o Executive Directors/Chief Officers<br />

o <strong>Employee</strong>s in Job Grades 24 and above<br />

o <strong>Employee</strong>s whose job functions include recruiting or Human Resources<br />

o Supervisors and managers responsible for managing the position<br />

o <strong>Employee</strong>s on leave of any type<br />

o Alcoa interns, temps, vendors, contractors, or consultants<br />

Candidate (<strong>Referral</strong>)<br />

Candidate must be:<br />

o submitted through the ERP process by an eligible Alcoa employee for a specific<br />

job opening, and<br />

o hired within 12 months of ERP submission.<br />

The following candidates are not eligible:<br />

o individuals with an active resume/profile on Alcoa’s Applicant Tracking System<br />

(BrassRing) in the 12 months prior to ERP submission<br />

o interns, vendors, contractors, or consultants who are currently employed by<br />

Alcoa or have been employed by Alcoa in the past 12 months<br />

o interns now being hired as regular full-time employees<br />

o former Alcoa employees who were<br />

• terminated for cause<br />

• separated from employment due to an Alcoa divestiture and subject to<br />

employment terms in the divestiture agreement<br />

<strong>Employee</strong> <strong>Referral</strong> <strong>Program</strong> <strong>Policy</strong> June 8, 2011 Page 1 - 2


<strong>Employee</strong> <strong>Referral</strong> <strong>Program</strong> <strong>Policy</strong><br />

B<br />

III.<br />

Award for successful referral<br />

When the referred employee is hired and has completed six months on the job, the $1,000 award<br />

will be paid to the referring employee as soon as administratively possible. Award amounts are<br />

included in the employee’s pay check and are taxable (included in gross income).<br />

An employee cannot earn more than $5,000 annually in referral awards. No more than $1,000<br />

will be paid for any single referral that results in a hire.<br />

If the candidate is hired into a position other than the one he or she was referred for, the referring<br />

employee will receive a $500 award, less applicable taxes.<br />

The hiring manager’s cost center will be charged.<br />

IV.<br />

Process<br />

Before referring a candidate, employees should consider his or her:<br />

work experience<br />

educational background<br />

employment record<br />

experience in position being referred to<br />

possible fit for position and Alcoa’s culture<br />

<strong>Employee</strong>s must follow the referral process in order to be eligible for the referral award:<br />

1. Fill out referral form (available through links on HRDirect or <strong>MyAlcoaBenefits</strong>.com).<br />

Information needed to fill out referral form:<br />

a. candidate’s name and email address<br />

b. relationship with candidate<br />

c. how long employee has known candidate<br />

d. current open position candidate is being referred for<br />

e. why they are being recommended<br />

2. Candidate will then be sent an email indicating they have been referred for a position<br />

at Alcoa and requesting that they<br />

a. fill out the online application via hyperlink<br />

b. submit a cover letter and resume<br />

c. respond to a series of pre-screening questions<br />

The candidate will receive notification when application status is determined.<br />

d. <strong>Employee</strong>s will learn of their referral’s status only if the referred candidate is<br />

hired for the position for which they were referred, or for another position, within<br />

a 12-month period.<br />

3. The new hire must be actively employed for six months in order for the employee to<br />

receive their referral award.<br />

4. The Global Recruiting Leader will resolve any eligibility issues that arise during this<br />

process.<br />

<strong>Employee</strong> <strong>Referral</strong> <strong>Program</strong> <strong>Policy</strong> July 2011 Page 2 -2

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