EXCLUSIVE: HiringBounty.com disrupts recruitment industry with social power

by Herman Manson (@marklives) I often receive emails from friends with links to job posts and a note that says “this will be perfect for you” (just in case your business goes belly-up or you actually want to afford that new car – though that part goes unsaid). Greg Schneider, a rising star at digital agency Quirk, has launched a start-up that taps into networks of friends to bypass recruitment agents and crowd-source candidates for positions in the marketing and technology industries.

Schneider’s new recruitment platform, Hiringbounty.com, allows businesses to place recruitment positions on the site alongside a bounty. The bounty, should a position be successfully filled, is paid out in thirds – 1/3 to HiringBounty, 1/3 to the person recommending the successful candidate and 1/3 to the person finally appointed.

So if the bounty next to the position says R5000 the cost to client is R5000 x 3. It pays HiringBounty and HiringBounty pays the other two parties. If you applied for the job without a recommendation from friend you are set to pocket the bounty x 2 (as referrer and successful candidate).

International adland recruitment consultancy opens in Jozi

Fabric, an international recruitment consultancy focused on the media and marketing sectors, has opened its doors in Johannesburg under the leadership of Jacqueline Rose. Fabric also has offices in London and Dubai.

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