Bounty Scheme

Small print

• Payments under the scheme
• Dispute resolution

Introduction

The Bounty Scheme is intended to increase our pool of potential recruits to KPMG and give people a career to be proud of. However, the scheme could offer significant financial benefits and it is therefore important that it is administered in a fair and consistent manner in accordance with the guidelines.

The following guidelines are to be read alongside the information published on the Bounty Scheme overview page.

Payments under the scheme

• Payments will be made after the referred candidate has been employed by KPMG for three calendar months.
• All payments made under this scheme are made gross and will be liable for UK tax at the marginal rate of the referrer. The referrer should declare receipt of the payment to HM Revenue & Customs in their annual tax return, the payment should be included as other taxable income in the Income section of the tax return. This declaration is the responsibility of the individual referrer.
• Payment will not be made if the candidate's details have already been received from another source and these have been accepted as an introduction.  
• The candidate's record on the Global Successor recruitment system will be used to determine whether or not a candidate was already known to KPMG and therefore would not trigger a bounty payment.
• Retrospective claims cannot be considered and the name of a nominee cannot be changed once they have been nominated. Only the first person nominated can therefore be considered to be eligible for a bounty payment.
• Alumni returning to work at KPMG cannot claim a Bounty payment for their own recruitment.

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Dispute resolution

In the event of a dispute arising over a payment under the scheme the following process will apply:

• The dispute will be referred to the Director of Recruitment and Resourcing for their decision.
• The Director of Recruitment and Resourcing may at his/her discretion refer the issue to the UK Head of HR for final resolution. The Head of HR's decision will be final and binding on all parties.

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