by Christo van der Westhuizen. The recycling of true stories in postmodern marketing theory and praxis.
Tag archives: disrupt
Are advertising agencies still relevant?
by Bogosi Motshegwa. The world, business and its problems have become too complex for ad agencies.
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).