Jumping on the pay-for-performance bandwagon, CareerShop.com, Orlando FL, the e-cruiting subsidiary of Charlotte NC-based IT and professional staffing company Personnel Group of America Inc.
(www.pga-inc.com), unveiled a price-point system under which employers pay a standard fee each time an ad results in a new hire. The fee strategy is an alternative to traditional placement services that typically charge a placement fee of 20% to 30% of the first year's compensation package. As an incentive for job candidates to visit the site, CareerShop.com is offering $500 of the success fee as a sign-on bonus. Job candidates who are hired by employers using CareerShop.com will receive bonuses after continued employment with the hiring company for a period of 90 days.
www.careershop.com
Bonus payments - 01/2001
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