NotchUp Trys New Recruiting Formula
We have all heard about the war for talent and the frustration of trying to find a good candidate through a head hunter or a job board. Well, there is a now an interesting job site called NotchUp that brings a new twist to the traditional formula – companies have to pay applicants to come in for an interview. So what’s the catch?
According to the Web site, the goal is to give companies a chance to go after those employees who aren’t actively looking for a job. The site lets you set whatever price you like per interview, but also provides a calculator that takes into account your current position, experience, education, and salary to come up with a number. The idea - if a company is willing to pay you to inerview, they must be serious. It acts as a filter for both the employer and the prospective employee.
According to the site, Google, Facebook, and Powerset are all corporate beta testers using NotchUp for recruitment. NotchUp is still in beta. The only way to get into the site right now is to be invited by a current user.So how does it work?
- Set up your profile – if you already use LinkedIn, NotchUp just imports your LinkedIn profile.
- Set your price and you are ready to go!
- If you refer someone to the site, who gets an interview you earn a 10 percent referral fee.
- As employers search the site, they can make offers to interview you, which you see in your inbox.
- The service is free for job seekers, and companies pay NotchUp a fee for each resulting interview.
The verdict on NotchUp is still out. While there are many nay-sayers, I am sure that we can all remember the interview process and how often they turned out to be a waste of our time and effort. So in the case of NotchUp - even if you don't get the job, someone is willing to pay you for your time and effort and that is certainly refreshing!