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http://www.dayak.com/?affiliate_id=168

Views: 7

Tags: Contingency, work

Comment by 01. Lonnie McRorey on June 2, 2008 at 5:01pm
http://www.dayak.com/?affiliate_id=168


Here is a little more info on the company. I would say that the biggest way that they are different from Bounty Jobs is that they are an open marketplace where recruiters do not need to be invited to register to use their site where the opposite is true with Bounty Jobs. Also, they give recruiters the ability to post split jobs. Bounty Jobs does not have this feature. Last, Dayak does not market themselves to companies as a vendor management tool. Dayak is a recruiting marketplace that attracts companies by encouraging them to pick their own recruiting fees to save money.

How does Dayak make money?

For each successful placement, Dayak retains a Transaction Fee equal to 20% of the Placement Fee selected by the employer. The other 80% is paid directly to the recruiter. A portion of this Transaction Fee is retained by Dayak, and the remainder will be used to pay other website users who provided employer or recruiter referrals that led to a successful placement. Employers only pay for success and there are no other costs associated with the service.
Comment by Robert Armitage on June 5, 2008 at 2:57pm
Just want to add to Lonnie's description of the Dayak "recruiting marketplace" model--- Dayak is bucking the trends and giving more power back to all parties involved in these three-way transactions.

Found it in April and pleased with the results so far. I am making money by posting job openings that I can't fill fast enough – offering whatever "cut" I decide to the recruiter who fills position. The math is easy here - you can earn more by filling jobs faster even if you are using a network of other recruiters to do it.

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