Referrals for BIG MONEY!?!
There’s a newcomer to the social networking craze, Blue Chip Expert. BCE is looking to connect contractors, in a MySpace-like environment, moreover step up the hiring process by offering up BIG CASH rewards, ala H3.
Here’s the BCE 4-Step process, with my commentary of course.
The Invitation - Step 1
Walter, a Blue Chip Expert member, invites his friend Susan to register on the site and set up a profile outlining her credentials. Susan, in turn, invites her friend Patricia.
This is nothing new, although have you checked out the Blue Chip Expert site? Did Walter have to go through a blood test and tox screen to register himself? Drat, where did I put that invitation code?
The Search - Step 2
The CTO at Company XYZ searches Blue Chip for a project manager with Six Sigma training. He sorts potential hires by ranking the universities they attended and their former employers.
“When employers search for prospects, Blue Chip’s algorithms offer a menu of rankings according to the pedigree of, say, former employers or universities (GE (Charts) outranks Tyco (Charts), for example, and Stanford is better than the University of Colorado).” - Business 2.0
Okay, how do I list this search and algorithm for my OFCCP audit? Gotta love those ranking examples, Ouch!
The Hire - Step 3
The CTO picks Patricia and hires her for an eight month gig. Company XYZ pays $250,000 to Blue Chip, which pays Patricia $200,000.
This is the part where smart recruiters start inviting everyone they ever knew into Blue Chip Expert, just in case someone finds them and hires them. Get ready for a high dose of no-doze and Mountain Dew, it’s time to mass email the WORLD!
The Payback - Step 4
Blue Chip gives $4,000 to Susan, the member who referred Patricia, and $2,000 to Walter, the member who referred Susan, and nets $44,000 in profit.
Now that’s a nice little chunk of change for Blue Chip Expert using MY network..??
In the end, I have to give props to any company looking to use technology for more than the standard job postings and searching of resumes. INNOVATION HOOOO!
Don’t get me wrong posting and search are here to stay, especially on the niche level, but in the age of retina scans and mapping the human genome, we’re still posting jobs? How about no Scott..
