4 ms·
Bidding system? Hmm... Like if I put my resume on a site, someone has to bid to contact me? Perhaps as an applicant, you can set a base price and a frequency
by fnid 17y ago
Bidding system? Hmm...
Like if I put my resume on a site, someone has to bid to contact me? Perhaps as an applicant, you can set a base price and a frequency of contact. Maybe you only allow one recruiter to contact you per week or day. If you want to be that recruiter, it'll cost you minimum $1. If more than one recruiter wants to contact you, they bid up the price.
Applicants could regulate the minimum price based on their current status. If they are employed happily, the price is $1000. If they are unemployed, perhaps it's zero with unlimited contacts until they get flooded and then the price goes up.
The economics of such an idea is interesting. It assumes a shift in power from the employer to the applicant. The best of the best will rise to the top and a natural ranking of applicants will evolve based on the bid. Great applicants could sustain themselves on employer interest for a while until recruiters give up trying to gain their interest.
Could something like this work? I suppose it depends on supply and demand of both applicants and jobs.
- d4ft 17y agofnid- I think you hit the nail on the head. As far as profitability for the site itself, taking some cut of the actual payments seems reasonable, no?
- pwnstigator 17y agoPeople would inflate their minimum bid prices to increase their status, and so everyone would be expensive to contact. So no one would use the site for recruiting.
- d4ft 17y agoWhat if there was no status per se or what if status was based on "tests" of some sort and independent of pricing?
- fnid 17y agoElance does the testing method, but it isn't too successful.
- fnid 17y agoThe ranking wouldn't be based on the minimum bid, it'd be based on the amount recruiters actually pay. If the min bid is $1000 but no recruiters pay it, then the applicant would be at the bottom of the rankings.