Secrets of the Job Hunt

Jobs

Wednesday, August 24, 2005

50/50 Referral Fees

It was just a matter of time before this kind of company was launched. G2Bay.com is a new recruiting service that splits its finder fees (the money they get from employers after they've placed a person) with the jobseeker who referred that person. Built on a global platform and business model the service works like this;

Every time a person is hired, 3 people make money.Here's how.

If a job pays $100,000 per year...

G2Bay's commission is 10% or $10,000.

1. Tom makes $5000
2. Patricia refers XYZ, Inc. to G2Bay...Patricia makes $250
3. Steve refers Tom to G2Bay...Stevemakes $250

I'm not sure how this will work out but its an interesting concept. If you know some valuable people out there, start referring them and maybe you'll get lucky.

No comments: