New Internet Service Reduces Recruitment Costs for Employers

New Internet Service Reduces Recruitment Costs for Employers

Applicant Tree Matches Employers with Ideal Candidates for Vacancies

TAMPA, Fla., April 18 /PRNewswire/ -- New Internet venture ApplicantTree (http://www.applicanttree.com/) offers a tremendous value to businesses looking to recruit top talent. The recruiting industry believes that the best candidates are the ones content in their current jobs, but whom statistics show would happily look at an attractive offer. The key has been to connect them with the right opportunity. Applicant Tree will encourage these people to post their resumes by offering to pay them whenever a company wants to look at their profile.

Applicant Tree President Jen Cooper feels that her service offers the best option for companies. "We wanted to build a system that would help entice employees to post their resumes online and therefore assist recruiters with contacting a pool of applicants that was formerly unavailable to them. We determined that a 'pay per results' model would accomplish that."

Job seekers registering at the Web site are vetted through a phone screening to have their resume price set. Their information is then listed on the site where employers search to match their job requirements with an applicant. The entire resume, except for the contact information, will be available. Once the decision has been made, and the employer wants to contact the applicant, the employer clicks on the purchase button and his or her credit card is billed at that time.

Applicant prices will range from $15 to $100 depending on the amount of education and experience the job applicant has. Applicant Tree will pass on half of the purchase price to the candidate.

Businesses will also have the option to post open positions on the Website's job boards. When an applicant actively applies to a listing, the company can purchase the resume for half price, providing even greater value.

This business model will substantially cut down on the recruitment costs normally associated with finding quality applicants. For years, major job boards have been making money from job seekers by charging companies large amounts to root through thousands of profiles, few of whom completely meet their requirements. Cooper hopes to simplify that process while at the same time save companies money by charging them exclusively for the profiles of applicants that fit their needs.


SOURCE Applicant Tree