Comments - A First Hand Review of Bounty Jobs - RecruitingBlogs2024-03-29T04:34:38Zhttps://recruitingblogs.com/profiles/comment/feed?attachedTo=502551%3ABlogPost%3A503984&xn_auth=noBountyJobs is not an added va…tag:recruitingblogs.com,2009-03-19:502551:Comment:5964982009-03-19T22:41:07.686ZJermany Laptiahttps://recruitingblogs.com/profile/JermanyLaptia
BountyJobs is not an added value to any organization. Instead what they do is simply create a bottleneck for those companies looking to hire valuable employees that they use recruiters for. They in no way streamline the process instead make it more difficult for recruiters and the actual hiring manager to get the talent they need. Most Recruiters will not send their best candidates to companies on Bounty Jobs. Why? well because Bounty Jobs keeps 25% of the fee. You can do the math from there.…
BountyJobs is not an added value to any organization. Instead what they do is simply create a bottleneck for those companies looking to hire valuable employees that they use recruiters for. They in no way streamline the process instead make it more difficult for recruiters and the actual hiring manager to get the talent they need. Most Recruiters will not send their best candidates to companies on Bounty Jobs. Why? well because Bounty Jobs keeps 25% of the fee. You can do the math from there. In addition to that I hear the they are having money problems. They have fired the CFO, VP of Sales, and most of the sales staff. All their new reps are comission only! Makes me wonder. They are hiring recruiters and churning them. Get their clients and let them go. I hear and see that they are running out of cash hence all the changes. Why would you hire a large sales force, VP of Sales and CFO to let them go 90 days later…..<br />
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Finally word has gotten out that they are planning on charging recruiters up to$400 a month to get more than 2 engagements starting in april 2009.