JobPrize: Peer To Peer Recruiting
A new online platform rewards employees referring job seekers to their companies.
JobPrize is an online job referral network that connects job seekers to corporate employees willing to give them a referral to their companies in return for a fee. The site aims to provide an efficient job search platform for people, and allows job seekers to post their profiles and indicate how much they are willing to pay to be referred to a new job. The employees (called ‘Prize Hunters’) can then search for profiles that match openings in their own companies and refer the job seeker to the relevant position. If he is hired, the prize hunter can choose to take the reward bonus from the job seeker or from his own company’s referral bonus system.