[Company Logo][Company Name]
- Policy No.:
- [Reference Number]
- Version:
- [Version Number]
- Effective Date:
- [Date]
- Policy Owner:
- Human Resources – Talent Acquisition
1. Purpose
This policy ensures that [Company Name] hires the right number of people, at the right cost, through fair and efficient sourcing channels, with every position approved in advance.
2. Scope
It applies to all permanent, fixed-term and intern positions at all locations. Engagement of contract labour through vendors is covered under the vendor management process.
3. Definitions
- Manpower Requisition Form (MRF): the approved request to fill a position.
- New position: a role not in the approved headcount plan.
- Replacement position: a role vacated by resignation, transfer or termination.
- Empanelled agency: a recruitment agency with a signed agreement with the company.
4. Policy
- No recruitment starts without an approved MRF.
- Replacement positions within budget are approved by the Department Head and HR; new positions also need [Authorised Signatory] approval.
- All vacancies in grade [Grade] and above are posted internally for [Number] working days.
- External sourcing follows this order unless urgent: employee referrals, job portals and careers page, campus, then empanelled agencies.
- Agency fees must not exceed [Number]% of annual fixed CTC and must carry a replacement guarantee of [Number] days.
- Job advertisements describe the role and requirements and do not state preferences based on gender, religion, caste or any other protected ground unless legally permitted.
- The company never charges candidates any fee at any stage.
5. Procedure
- Hiring manager raises the MRF with a job description in [HRMS].
- HR validates budget and grade; approvers sign off within [Number] working days.
- Talent Acquisition prepares the sourcing plan and posts the role.
- Shortlisted profiles are shared with the hiring manager within [Number] days.
- Selection follows the Recruitment & Selection Policy.
- Time-to-fill targets: [Number] days for junior roles, [Number] days for mid-level and [Number] days for senior roles.
| Position title | |
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| Department | |
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| Grade | |
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| New / Replacement (name of employee replaced) | |
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| Budgeted CTC range | |
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| Work Location | |
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| Required by date | |
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| Requested by | |
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| Approved by | |
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6. Responsibilities
- Hiring managers: plan headcount and define requirements.
- Talent Acquisition: source, track and report hiring metrics.
- Finance: confirm budget.
- HR Head: approve agencies and policy exceptions.
7. Non-compliance
Offers made without an approved MRF will not be honoured by payroll. Agency invoices for unapproved engagements will not be paid.
8. Review & Approval
HR will review this policy annually along with the headcount plan.
Prepared by
[HR Name]Human Resources
Approved by
[Authorised Signatory][Designation]Date:
[Date]