The Job Exchange

Tapping Into The Hidden Job Market

Paying for Interviews?

Outrageous….So now they think job seekers will PAY for interviews??

From the www.workyourcareer.com About Us page:

Workyourcareer.com has been launched with the goal of creating a more fun and hip job search tool than other “stuffy” job boards and recruiting solutions that exist out there. We’re providing a new and innovative approach by allowing Job Seekers the ability to bid on interview times through our BiddingOnJobs service, which guarantees them an in-person interview with a company for a small fee (emphasis mine).

Job Seekers can also use our Moneybackjobs service, which allows them to receive a Moneyback bonus of anywhere from 4%-10% of their starting salary for accepting a new job that’s been posted by an Employer on our website!

My advice: Don’t go there. Employers post jobs for free….do they think people will PAY to get an interview with them?? Under their FAQs, they say “Winning interview bids must be paid for with a credit card before your name and contact information will be released to a company.” 

Oh, and by the way, you’re not allowed to post your resume on another job board if you sign up for an extra “moneyback bonus”.

While we typically focus on positive information here at The Job Exchange, we wanted to make sure you were aware of  this…um…opportunity. ‘Nuff said.

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03/21/2009 - Posted by | job search | , ,

3 Comments »

  1. Thank you for taking the time to post information about our new company. Being the founder and CEO, I do feel the need to offer a rebuttal to the opinion that you gave.

    While I understand that it may seem ludicrous to charge a Job Seeker a fee to interview at a company, the concept of candidates paying fees is nothing new. Companies like The Ladders charges candidates a minimum of $30 per month just to post a resume and search for jobs. As you can probably imagine, there’s no guarantee that paying to use their service will even get a call back on your resume, let alone an interview with a company. In other words, the ROI for a Job Seeker with regards to what they’re paying in return for what they’re getting is very low with a site like The Ladders. With us, Job Seekers only pay if they’re selected to interview at a company (and bids for interviews start at $5). In addition, most Employers only bring in 3-5 Job Seekers to interview for a particular position, thus making your odds of getting a job anywhere from 20%-50% and an ROI much higher than that of a site like The Ladders.

    Also, we have safeguards in place to make sure that Employers aren’t just posting jobs for the sake of making money for their company. In fact, if Employers don’t fulfill their obligation to bring a Job Seeker on-site to interview, not only does the Job Seeker receive a refund of the money that they paid, but the Employer then owes a $75 penalty for not meeting their obligation. They also are required to fill a job within 90 days of having it posted to the site, or they owe a penalty as well. Both of these measures will ensure that Employers are not only meeting their interview obligation, but also filling the position.

    This makes our site a great benefit to Job Seekers that are sick of job postings on other sites that the Employer doesn’t do anything with. In other words, all of our job postings are with Employers that are serious about interviewing candidates and in filling their open reqs, thus making it a great resource for Job Seekers to find legitimate job openings.

    Hope this clarifies — I’d be happy to continue the discussion/debate if you’d like.

    Mark

    Comment by Mark Thomas | 03/23/2009 | Reply

    • The company gets the money that the interviewee pays? At this point I can actually see some value in paying to interview. You are proving you are serious about a position and not just blindly applying to everything. But I can’t picture paying more than $5.

      The exclusivity of a resume sounds odd though.

      Comment by Ecommerce Job ... Where Are You? | 03/23/2009 | Reply

  2. Mark – thank you for your comments. I will leave it up to our readers to decide if this is a viable option for them.

    I’d like to hear from others out there — would you make use of this service?

    Comment by Bear | 03/23/2009 | Reply


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