A corporate employer participating in Kaun Banega Bhayashali, will be liable to pay the following “Placement Service” fees:
Ø For each candidate selected / appointed by the corporate thru online headhunt on the program, the corporate will pay a lump-sum of Rs.50,000 as soon as the appointment letter is issued.
Ø This fee is non-refundable in case the selected candidate fails to join duty.
Ø Before being accepted to “participate” in the online headhunt in the program, each corporate will be required to deposit a non-refundable advance of Rs 5 lakhs.
Ø 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.
Ø 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)