Eligibility Check
Ensure you meet the eligibility criteria for either technical or non-technical job requirements.
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- info@smpplacements.com
Pay After Placement
While potential is, in our opinion, fairly dispersed throughout Indian society, opportunity is not. Our Pay After Placement (PAP) Model is democratizing opportunities. With PAP, you can obtain the job of your choice for ₹0 upfront fee.
A Pay After Placement Program is an innovative approach to education, training, and skill development where participants do not need to pay any upfront fees. Instead, they pay only after securing a job or placement.
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How it,works?
Our Pay After Placement program simplifies your path to a successful career in three straightforward steps: enrollment, training and support, and job placement and payment. This approach ensures you receive the education and assistance you need without upfront financial burdens, only requiring payment once you've secured a job in your chosen field.
Step 1:
1
Enrollment
Application
Submit your application with all necessary documents, including your resume and proof of graduation from a recognized college.
Agreement:
Sign the Pay After Placement agreement with SMP, outlining the terms and conditions of the payment plan.
Step 2
2
Job Placement and Payment
Job Search:
Utilize the job placement assistance provided by SMP to secure a job in your chosen field.
Offer Letter:
Once you receive an offer letter, the payment plan is activated based on the salary of the offered position.
- → If the offer letter is for a salary of 500,000/- or more, you pay one month's salary.
- → If the offer letter is for a salary below 500,000/-, you pay two months' salary.
Payment:
Make the payment as per the agreement terms after starting your new job.
Your CTC based on your salary tier.
| Category | Your Salary Range (CTC) | Total Payable Fee |
|---|---|---|
| A | < 5 LPA | Pay 2 months of Salary |
| B | > 5 LPA | Pay 1 month of Salary |
Unique Selling Propositions (USP)
Why Us
Financial Accessibility
No upfront fees, reducing financial barriers and making the program accessible to individuals from all backgrounds.
Risk Mitigation
Pay only after securing a job, reducing financial stress during the job search process.
Motivation
The model incentivizes active engagement and full commitment to the program.
Flexible Payment Options
Tailored to participants' financial situations, including deferred payments and income-sharing agreements.
Eligibility
Technical Job Requirements
- → Students should graduate from a recognized college.
- → Students should be good with communication.
- → Students should have a proper resume.
- → Students should be good with domain skills and aware of what they are applying for.
- → Students should sign an agreement for pay after placement.
Non-Technical Job Requirements
- → Students should graduate from a recognized college.
- → Students should be good with communication.
- → Students should have a proper resume.
- → Students should be aware of what they are applying for.
- → Students should sign an agreement for pay after placement.
Frequently Asked Questions
1
What is Pay After Placement Program?
A Pay After Placement Program is an innovative approach to education, training, or skill development where participants do not need to pay any upfront fees. Instead, they agree to pay the program provider a predetermined fee only after they secure a job or placement in the relevant field.
2
When do you have to pay in PAP?
Once a candidate receives offer letter from the companies, within 24 hours candidates have to pay either one or two month of salary based on their CTC.
3
How many interview line ups in PAP?
PAP offers unlimited interview line ups for candidates, until and unless they get placed.
4
When do you have to sign PAP agreement?
A candidate must sign PAP agreement on the day of enrolling with SMP.
5
What is CTC?
Cost to Company (CTC) is the total cost of an employee to the company, including basic pay, reimbursements, various allowances, gratuity, annual bonus, etc. It refers to the total salary package of an employee.
