Job Offer Policy 2014

8/13/2019 Job Offer Policy 2014

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DIVISION OF CAREER SERVICES

JOB OFFER POLICY for CLASS of 2014

This policy has been formulated to act as a guide to registered studentsfor taking part in various recruitment processes facilitated by the LovelyProfessional University.

The aims of this policy are: To regulate procedures regarding taking part in the processes and

offers arising out of the same. To lay down procedure and process for accepting JOB OFFERS To lay down the number of JOB OFFERS available to students,

conditions for accepting, over-riding provisions etc To codify the expected conduct of students during the processes andto specify the deterrents regarding unwarranted communication withcompanies or any other player/medium which might affect the imageof Lovely Professional University directly or indirectly

To lay down guidelines for joining of students.

Application of the policy The policy applies to all students who have registered for placementassistance at appropriate time.

Definitions COMPANY LEVEL RECRUITMENT is the recruitment process held by any

recruiting company without seeking facilitation of the university. CRUCIAL DATE is the cut-off date indicated in every placement process

notice. This date will be used for determining eligibility of a particular

student for that particular process. DEBARRMENT is the process which leads to a student being taken out ofplacement process. This may be caused by Performance Gap and/orMisconduct as defined elsewhere in this document.

PEP or Professional Enhancement Program are the various credited/non-credited inputs given to students by Lovely Professional University toimprove their placement preparedness.


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INDEPENDENT OFFER is a job offer secured by a student using independentefforts without involvement/facilitation of the university. All INDEPENDENTOFFERS must be reported to DCS.

JOB OFFER means final selection in a company whose result may be declaredeither during the process orally or by way of a subsequent communication

either made directly to student or mediated through university. The oralcommunication shall invariably be followed up in writing. Pre-placementoffer or a job offer made to a student during the course of a universityfacilitated internship/training/ or an On-Job Training will also be treated asa valid offer in case of acceptance of the same by the student. JOB OFFER isclassified as one of the following:

Company Type Profile Type Offer TypeCore Company Core Profile Matching offerCore Company Non-Core Profile Non-Matching offerNon Core Company Core Profile Matching offer

Non-Core Company Non-Core Profile Non-Matching offer.

For a Student who is sitting in a placement drive:

Core Company: The Company that is coming for Campus Recruitment isbelongs to the same area in which the Student is perusing his degree.

Non-Core Company: The Company that is coming for CampusRecruitment belongs to a different area in comparison to what thestudent is perusing his degree in.

Core Profile: Student getting a job offer matching with his program ofStudies. Non-Core Profile: Student getting a job offer not-matching with hisprogram of Studies.

MISCONDUCT is any act on part of student which may be covered under oneor more of the following:

7.1 Misbehavior with any company officials or university officials involvedin the process

7.2 Disobedience of any directions or general instructions

7.3 Interacting with company officials unless otherwise permitted

7.4 Establishing contact with company officials.

7.5 Sending any communication/request to company officials/company


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either directly or indirectly through parents/siblings or any otheracquaintances with a view to seek concessions/information/influencedecision etc.

7.6 Registering for a process and then skipping it. This would also have a

monetary penalty as described elsewhere in this policy

7.7 Leaving the process at any stage other than immediately after PrePlacement Talk. This would also have a monetary penalty as describedelsewhere in this policy

7.8 Not following the prescribed norms of attending a placement processin terms of dressing style; decorum etc

7.9 Criticizing or adversely commenting about the Lovely ProfessionalUniversity or any part/process thereof in any media/public/social

media or before company officials

7.10 Not joining the company in which the student secured a job offer andhad given his consent to join. This would be subject to provisions ofsecurity deposits as described elsewhere in this document.

7.11 Misusing provisions of duty leave in any form. The misuse/violationsof the same would invite separate action which would be circulated atappropriate time.

7.12 Not following the prescribed norms of dressing, decorum etc during

or after the process.

OJT or On Job Training is a special dispensation created to facilitate thejoining of students, upon their selection, with companies at any stage duringfinal semester. The relieving of students under OJT is regulated as perseparate policy provisions.

PACKAGE FOCUSIst Offer Conditions for Sitting in the Second CompanyMatching offer 1.Profile/company matches with his/her

programme of studies.2.Package offered is higher by at least 1.5 times

PACKAGE FOCUS is the option available to a student who has secured firstoffer under MATCHING OFFER category. A student who has secured offerunder MATCHING OFFER category can take part further only in suchprocesses where profile/company matches with his/her programme ofstudies and where the package offered is higher by at least 1.5 times asdescribed elsewhere in this document


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PERFORMANCE GAP is the gap between various minimum qualifying marks

prescribed during PEP inputs and the ones secured by student.

PLACEMENT PROCESS is the recruitment process for a particular companyunder various available profiles. This starts with registration of the studentsfor a particular process and culminates with final selection and may includevarious intervening stages like written tests, interview etc. This may beclassified as one of the following:

Sr. No Type of Campus Definition11.1 ON CAMPUS Is a placement process where whole process or

any stage of the process is organized in LovelyProfessional University Campus.

11.2 OFF CAMPUS Is a placement process which is facilitated by DCS

where the entire stage is held outside the LovelyProfessional University.

11.3 ON JOINT CAMPUS Is a placement process organized in LovelyProfessional University where students from otherinstitutions also take part.

11.4 OFF JOINTCAMPUS

Is a placement process facilitated by LovelyProfessional University organized in some otherinstitution where students of Lovely ProfessionalUniversity are also invited to participate.

11.5 JOB FAIR Is any fair organized in Lovely ProfessionalUniversity where more than one placementprocesses are organized.

PROFILE FOCUS is the option available to a student who has secured firstoffer under NON MATCHING OFFER category. A student who has securedoffer under NON MATCHING OFFER category can now take part only in suchprocesses where profile matches with his/her programme of studies.

PROFILE FOCUSIst Offer Conditions for Sitting in the Second CompanyNon-Matching offer Profile matches with his/her programme of

studies


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13. PRE-PLACEMENT OFFER is a job offer made to the student as a follow up orduring the course of an internship/training/project etc done by the student witha company.

14. SPECIAL DISPENSATION is the over-riding power to modify any of the governing conditionsof this policy

15.WALK IN is a placement process which has been thrown open to all eligiblestudents who may or may not have registered for placement assistance.

D.The PolicyMISCLLANEOUS

A Student can participate in any number of placement drives till he/shegets a job offer. At times company/university may prescribe certain morecriteria other than eligibility etc to create a filter for assessing thestudents. This will be binding to the students.

Similarly, the companies may also prescribe score-lines of fewbenchmarking tests like AMCAT etc for assessing the students orprescribe their own short-listing methodology. This will be binding forstudents.

CONSEQUENCES OF NOT REPORTING AT THE DRIVE

Students are required to register at placement portal for a drive only afterconvincing themselves about the nature of job profile, location and otherfactors etc.

Sr No. Type of Mistake Committed Penalty/Consequence

3.1 In case a student registers for a drive anddoes not report at time and placestipulated for drive or leaves the processat any subsequent stage other than afterpre-placement talk, he will be fined andwill not be allowed to take part in anyfresh/pending processes till he depositspenalty amount.

Rs 1,000


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3.2 In case a student who has already beenfined earlier and commits the sameoffence again, he will be required to paya higher penalty failing which he will be

not be allowed to take part in anyfresh/pending processes till he depositspenalty amount

Rs. 2,500

3.3 Any student who has been fined 2 timeson account of this is liable to bedebarred from placement process.

Permanentlydebarred.

Non serious students must not register for a drive.

However in case a student fails to register for 5 drives where he/she waseligible and where at least 2 of the processes matched with his profile,then it may be taken as a sign of his/her non-seriousness towardsplacement activities and follow up action including debarment may betaken after seeking explanation.

OFFERS:

The university shall follow the principle of One student; One offer.Thus in ordinary circumstances, after a student gets an offer through aprocess facilitated by the University, he/she cannot take part in any othercampus recruitment process and is expected to join the company forwhich he/she got an offer through university.

ACCEPTANCE OF OFFER: A student who gets an offer has tocommunicate acceptance in prescribed Performa within 3 clear days fromthe time offer was made to him/her whether directly by the company orthrough Department of Placements.

In case a student does not communicate acceptance within 72 hours, itwould be treated as acceptance of the offer and no furthercorrespondence will be entertained.

A student who accepts an offer (as per 7 and 7.1 above) is required todeposit security as per applicable slab as described elsewhere in thispolicy.


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NON ACCEPTANCE OF OFFER: A student who does not accept the offer

has to communicate reasons for non-acceptance within 3 clear days fromthe time offer was made to him/her whether directly by the company orthrough Department of Placements.

In case reasons for non-acceptance are not found satisfactory, theuniversity shall take a decision whether to allow the student to takefurther part in any placement process; and, if yes, the conditions may beimposed on the student.

In case student does not communicate as per provisions of S. No. 8above, he/she will not be allowed to take further part in the placementprocess.

SECOND OFFER The university recognizes the fact that first offer may or may not be as

per profile/package expectations of the student. Thus followingprovisions are there to attend to both the concerns.

1stOffer Type Eligible for 2ndoffer onthe basis of

Matching offer Package FocusNon Matching Offer Profile focus

PACKAGE FOCUS: After securing a MATCHING OFFER, a student canmake an attempt at a second company provided the package offered bythe company is at least 1.5 times more than the one in which he/she hasalready secured an offer.

After securing first offer, a student can also make an attempt at a secondcompany if the university invokes special dispensation clause anddeclares the drive open to all students or in some cases selectively tosome students based on companys criterion or universitys relation etcwith that company.

However, in ordinary circumstances, extra opportunity at S No 14 and14.1 above shall not be available to those students who have got oneoffer and whose employer has mandated that students selected shouldnot be allowed to take part in any other process.


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The moment a student has got first offer, he/she will not be allowed totake part in any new/incomplete process except in the event of aprocess falling under point 12 and 13 above subject to conditions

prescribed in point 14 and 15.

A Student can avail any number of offers through Job Fairs, Walk-ins andfrom any other source which are not initiated by Department ofPlacements but he/she must intimate the Department of Placementsabout the same so that in case there is any verification/enquiry from thecompany, Department of Placements is in a position to answer the same.The university shall not verify the credentials of any such student whodoes not intimate Department of Placements about his/her job offerssecured independently.

Student Coordinator Student Placement Coordinator whoseperformance is found to be excellent in coordinating the drives will beeligible for one extra offer as a token of appreciation. The list of suchcoordinators will be released on 28th February, 2014.

In case of any peculiar situation arising out of unforeseen contingencieslike 2 results being declared on same day etc, the DSCS may have to takea balanced view on case to case basis and on the facts and merits of thecase. Any decision taken under this clause will not be treated asprecedence for any future analogies. No request on this count shall beentertained.

JOINING AND REPORTING and CONSEQUENCES OF NOT JOINING

All students who have secured an offer are expected to join the companyinvariably. As university has to ensure continued relationships withcompanies, it is essential to ensure that students indeed report to join atthe company where they were offered job by a university facilitatedprocess. In order to ensure an element of seriousness amongst students,they are required to deposit a refundable security when they accept aplacement offer. The security deposit plan is as under:

Sr.No Package Bracket Security Amount22.1 Offer is for a package of less than Rs 1.25

lakh paNo Security

22.2 Offered package is more than Rs 1.25lakhs pa and less than or equal to Rs 2.5lakh pa

Rs 10,000/-

22.3 Offered package is more than Rs 2.5 lakh Rs 15,000/-


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pa and less than or equal to Rs 6 lakh pa22.4 Offered package is more than Rs 6 lakh pa Rs 20,000/-

A student who accepts an offer is required to deposit the same within10 calendar days of the same. Till the time this is done, the offerwould be conditional and he/she would not be allowed to take part inany other placement process, if otherwise admissible.

In case company insists on immediate joining as OJT, the student willbe required to deposit security amount immediately and in any casebefore getting relieved.

This security will be forfeited in case of a student who does not jointhe company where he was required to join finally OR fails to completeOJT satisfactorily. . However this shall not apply in case where there is

a written delay beyond 30thSeptember 2014 in joining at companysend.

A student is required to furnish salary statement of first month fromthe company in order to prove that he has indeed joined and availed ofthe final placement offer. Security would be refunded within 3 monthsof production of first salary statement.

ACTIONS FOR NON COMPLIANCE/MISCONDUCT

Any student whose conduct falls within the definition ofMISCONDUCT as defined above will be liable to be debarred fromplacement process and to face disciplinary/administrative action.

GENERAL

A student who has secured one offer need not take part in PEP sessionsand his/her name will be transferred to OA (Offer Availed) list.

Any Provision mentioned under this Policy may be revised at any pointof time as deemed appropriate by the University.

When a student receives any communication whether written or oralor by any other means it has to be communicated to Department ofPlacements immediately. Similarly, when a student sends any mail orreplies to communication to any company officials when requiredofficially, a copy of the same must be marked to Department ofPlacements.

In case of any issue arising out of this policy and interpretation thereof;decision regarding any point not covered under this policy; and in case of any


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provision/decision being changed, modified or overridden, Pro-Chancellor LPUshall be the final authority.

Note: In addition to this the policy of "On Job Traininig" would be released on ofbefore 31st October'13

The above mentiod policy is applicable for all the drives conducted after25th October'13

Job Offer Policy 2014

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Transcript of Job Offer Policy 2014