Archive for September, 2009

FAQ about RecruitHire’s acquisition of Dayak

Monday, September 14th, 2009

What does this change mean for the existing RecruitHire community? For the Dayak community?

This will benefit both communities. RecruitHire is new—the first public beta launched earlier this year in July. With several hundred existing users, combined with Dayak’s users, we are building a large community of employers and recruiters. RecruitHire is a networking tool that cuts down the inefficiencies of the recruiting process, so having more users benefits everyone.

Can I use my existing Dayak account to log in to RecruitHire? When will my account be converted? 

Yes! We’ve already made the necessary modifications behind the scenes to allow you to use your Dayak account to log in to RecruitHire, starting immediately. You’ll log in using your existing credentials: the email address you registered with Dayak and your Dayak password.

If you already had an account with both Dayak and RecruitHire using the same email address, the accounts have been merged, and you’ll continue to use your RecruitHire password to login.

How does this change affect the privacy of my personal information? 

RecruitHire remains committed to the safety and security of your personal information. We respect your privacy, and your account is protected by our Privacy Policy, which is available at http://www.recruithire.com/index/privacy/.

Former Dayak users are now subject to the RecruitHire Privacy Policy and Terms of Use (available at http://www.recruithire.com/Terms%20of%20Use.pdf). If you choose, you may opt out of these changes by cancelling your RecruitHire account and discontinuing use of the site.

How is the functionality of RecruitHire different from Dayak? What will change and how? 

Much of the basic functionality is the same. However we have some clear advantages that benefit both our employer and recruiter communities. For example, our rating system allows employers to rank and rate recruiters according to the level of work they have done. That allows our network to grow as large as possible without slowing anything down. Great recruiters will get more work and poor recruiters will have to improve their performance. RecruitHire also offers a free standalone applicant tracking system with auto-matching AI to radically accelerate the placement process.

Will I still be able to share candidates and openings with other recruiters? 

Yes! RecruitHire has a Recruit Split Network (separate from our employer job listings).

How much does it cost to use RecruitHire? 

Employers: There is no cost to the employer to use RecruitHire. No start up cost or monthly fees. Nothing, zero, it is absolutely FREE.

Recruiters: RecruitHire is a free service. There are no up front costs, membership fees or hidden fee structures. Any qualified recruiter is welcome to use our service.

How does RecruitHire make money? 

Every time a successful placement is made RecruitHire keeps 15% of the placement fee and delivers 85% directly to the successful recruiter. Recruiters who refer or are referred by enterprise solutions will be eligible for significantly higher placement fee percentages. Employers will continue to pay recruiting fees as usual but will experience a more efficient and timely outcome from the recruiting process.

How are fees determined between Employers and Recruiters? 

Employers set the rate at which they are comfortable paying fees for recruiter services. The typical fee structure is anywhere from 15% to 35% of first year compensation. Fees will vary from industry to industry. In Information Technology fields the average fee is approximately 20%–in the financial/banking industry the average fee is closer to 30%. Varying levels of efforts on the part of the recruiter will command varying fees. Also keep in mind, particularly difficult searches will require higher fees.

Should I expect a change in customer service? 

If anything, the experience will be better! We’re committed to making RecruitHire the best experience possible for both employers and recruiters. Let us know how we can help!

What will happen to my existing Dayak listings? What about outstanding payments? 

Existing Dayak listing and payments have all been reconciled.

Will I still make as much money as a recruiter through RecruitHire? 

Because of the size of our network, and because we keep our fees at current market values, a good recruiter should make significantly more money using RecruitHire than through the old Dayak model.

What if I still have questions? 

We’re happy to answer your questions! You can reach us through our contact form at http://www.recruithire.com/index/contactus/ or by phone at 1-888-355-HIRE.

RecruitHire Acquires Dayak’s Recruiting Marketplace

Monday, September 14th, 2009

AMERICAN FORK, Utah – Sept. 14, 2009 – RecruitHire (http://www.recruithire.com) announced today that it has acquired Dayak’s online recruiting marketplace (http://www.dayak.com) . In the coming weeks, the Dayak marketplace will become part of RecruitHire.  

“The addition of Dayak’s network of over 6,000 recruiters and 1,500 employers to RecruitHire will dramatically strengthen our network,” said Alain Templeman, CEO of RecruitHire. “Combined with our unique, powerful interface and rating system, more employers will be able to fill jobs quickly and easily.” 

RecruitHire is a relatively new entrant in the industry—but , with a global online network and a unique rating system that lets employers connect with proven, industry-leading recruiters to fill crucial job openings RecruitHire is here to stay. The service saves time and money for busy human resource managers and allows skilled recruiters to benefit from reduced business development costs, while still receiving fair payment for their expertise. 

“This is a logical home for Dayak,” said Allan Sabol, Dayak CEO. “RecruitHire is an excellent company that can give Dayak’s users more opportunities to fill jobs quickly.”   

Dayak users can use their existing accounts to log in to RecruitHire.com and begin using the new features immediately. They can also continue to access the Dayak.com website through Oct. 15, 2009, to extract data related to previous submissions. Dayak and RecruitHire will jointly send out notifications to customers with more information about the transition. 

About RecruitHire

RecruitHire provides next generation recruiting for employers through a global network of proven recruiters and their top job candidates. The company’s highly efficient online recruitment management system allows employers to greatly streamline and accelerate the placement process, saving time and money. For more information, please visit www.RecruitHire.com.

About Dayak:

Dayak is an online recruiting marketplace that matches employers with a nationwide network of professional recruiters. Dayak combines the simplicity and convenience of an online job board with the effectiveness and support of a full-service recruiting firm. Employers post their jobs and set their own fee that they are willing to pay for a successful hire.

Media Contact:

John Pilmer

PilmerPR

801-369-7535

jpilmer@pilmerpr.com  

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Built by recruiters with more than 40 years of experience

Saturday, September 12th, 2009

The team behind RecruitHire is well acquainted with the challenge of recruiting, both as employers and as recruiters. Together, the team brings more than 40 years of experience in related fields. Their understanding and know-how has combined to make RecruitHire truly next-generation recruiting.

Co-founder and CEO Alain Templeman is an experienced recruiter with a background in banking and finance. He is also the founder of Frontline Executive Search. His experience as a business owner, recruiter and entrepreneur gives him a unique perspective on the industry, which he brings to his role at RecruitHire. Alain Templeman is passionate about connecting companies with the best recruiters to help them hire the best employees.

An educator and an entrepreneur, co-founder John Richards brings vast experience to his role at RecruitHire. An associate professor at Brigham Young University’s Marriott School of Management, he teaches courses in entrepreneurial management and e-business. He is the managing director of the school’s Rollins Center for eBusiness. In the private sector, he’s helped to lead the worldwide transition to Internet-based business as a founder, vice-president and president of various companies, including Yellow Pages on the Internet and InfoSpace.

David Evans was most recently CTO at CareerTours (web 2.0 recruiting solutions) and CIO at Jobing.com, the 4th-largest online job board in the USA. David also led marketing and technology development for a $1.7b division of Cendant. Previously, he was CEO and acting-CTO of NYC-based ESI, an email marketing and entertainment agency funded by Sony and KPMG. In the 90’s, David was executive producer of AOL International and co-founder of AOL UK and AOL Canada. David’s earlier career includes being the first online multimedia producer for the BBC in London, and a scientific adviser to the UK Government (PITCOM and POST), as well as a professor in electronic and computer engineering at universities in the UK and Singapore.

RecruitHire offers next generation recruiting

Saturday, September 12th, 2009

Recruiting just got an overhaul. RecruitHire now provides a global online network for employers to connect with proven, industry-leading recruiters to fill crucial job openings, while reducing the costs of time and money for busy human resource managers.

RecruitHire’s online global recruiting network allows employers to spend more time interviewing and selecting qualified candidates, and less time on worthless phone calls and emails from under-performing recruiters. Through RecruitHire’s unique online recruitment management system, recruiters are rewarded with a higher reputation rating when an employer selects their candidate. By providing qualified and relevant candidates to employers, recruiters and employers win. A positive feedback loop is created that leads to an easier and more cost effective way of recruiting.

Built by recruiters with more than 40 years of experience, RecruitHire offers the tools and functionality necessary to match a candidate with an open position in as little as 72 hours. Employers and recruiters agree that RecruitHire truly is “Next Generation Recruiting.”

With a 100 percent contingent solution, employers can participate in RecruitHire’s global network without paying a penny until a candidate is hired. In the battle for top talent, employers can find a fortress with the RecruitHire global recruiting network.

RecruitHire Benefits for Employers

  • Easy to use and monitor
  • Access to top candidates for top jobs
  • Screen and qualify recruiters
  • End incessant recruiter calls
  • Rank recruiter reputation
  • Placements in as little as 72 hours
  • Streamline communication with recruiters
  • One contract—multiple recruiters
  • Greater recruitment organization
  • Money back guarantee
  • Pay only for successful placement

About RecruitHire

RecruitHire provides next generation recruiting for employers through a global network of proven recruiters and their top job candidates. The company’s highly efficient online recruitment management system allows employers to greatly streamline and accelerate the placement process, saving time and money. For more information, please visit www.RecruitHire.com.