I was introduced to a service last week:Go here
Without completely throwing my services under the bus, I want to say that I think might be a good "Take it with a grain of Salt" or " You get what you pay for" type of service.
I value my time and the time I leverage through trading partners/split recruiters. More often than not, I would say that the time we spend (not just quantity, but quality) on helping companies grow their bottom line by adding top talent is worth far more than the 20-30% we charge. The long term return on investment and overall value for my clients FAR exceeds the upfront cost of the placement.
But, (you knew it was coming) there are 3or4 companies to every one of my best managers that will not pay fees (even contingency) over a certain price point. They just do not (cannot) see the value. All they can see is risk. It is our job to meet their need and change their perception of value, but meanwhile, why not give them the opportunity to see how the value of a contingency search can help them? I think the service may have that upside. The obvious downside is the chance that they may still never give us the chance to give them real value. If they get lucky, they may go to Dayak
To me it cannot be a waste of time because, I will not devote a lot of my prime time to it. And why not make an extra deal or give a young budding recruiter the opportunity to break into the market place. All the while I am offering some level of service to clients that I would normally ignore.
I see it like a high end hotel offering a chain of small, travel motels. Everyone knows what they are getting and it allows some to have access to a service they wouldn't normally be able to.
Without building it up or poisoning the well, please have a look: http://tinyurl.com/joboards
Decide for yourself and post some feedback for the benefit of the masses.