An industry leader in job-matching technology, itzbig (http://www.itzbig.com ), by introducing a new, more results-oriented business model for employers at the ERE Expo in San Diego today, has taken another step toward becoming the preferred destination for employers seeking qualified IT workers.The new approach means that employers will only pay for Interested, Qualified and Available (IQA) candidates, a monumental shift from the way companies recruit candidates.
Jim McGovern, itzbig CEO, said: “Traditionally, employers have had to pay up front to list their job opportunities on a network”. “This model has become even more prevalent with the social networks entering the scene. Services like LinkedIn and others will typically charge you for access to their users.”
“We are revolutionizing the way online recruiting works by aligning the value you receive with what you pay for. With itzbig’s new Pay per IQA model, you can access our users and post as many jobs as you like for free, but you will only pay when you get results - when you find candidates who are Interested, Qualified and Available.”
Because of the unique value proposition it offers to quiet working professionals, itzbig can execute on this model and deliver qualified candidates.McGovern said: “We give passive job candidates the ability to create anonymous profiles based upon their skills and specifications, and then see in real-time how they score against various job opportunities in the network”. “At all times, we protect the identity of the candidate, which is a very important differentiator to the quiet working professional.”
itzbig then provides employers with access to IQA candidates that have the following qualities:
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Interested – Until they choose to “Submit Profile” for a job that interests them, or choose to respond to a recruiter who has “Expressed Interest” in them, candidates can remain completely anonymous.
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Qualified – Based on the specific requirements the employer sets for each of the jobs, itzbig’s profile matching system scores every candidate. Creating a job profile with skills, education and experience requirements will screen out any unqualified candidates.
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Available – itzbig will not charge the employer, while the employer can express interest in any candidate, until the candidate has reciprocated their interest and availability for the position by sending their contact information or resume.
McGovern said: “This is the future”. “New technologies are allowing us to accurately match candidates with jobs, which makes this business model very feasible for itzbig. I would challenge any employer to ask Monster, CareerBuilder or LinkedIn to bill you only for those candidates that are interested, qualified and available and see what they say.”
