Get Paid to Interview for Jobs
I'm In Debt
- Posted:
12/6/2008
I came across a very interesting website today that I had to share. It's a unique concept offered through
NotchUp.com. Basically - people who are found and interviewed are paid for their time at the interview. At first glance, this sounds ridiculous, and you're probably wondering why a company would pay someone to interview at their company... but it makes sense (to me, anyway), and here's why:
When companies hire headhunters/recruiters to fill a position, they typically spend 20% of the first year's salary of the chosen candidate. For a job that pays $65,000 per year to start, the company pays the recruiter $13,000 to help find someone who can fill that position.
Studies show that it takes about six weeks for a company to fill a position when posting the job on big job boards. You're only getting the ad in front of people who are actively looking for a new job at the moment your ad is posted on the site, right? So you are limited in the number of potential candidates you can get the job in front of. If it costs $100 per week to run your classified ad and 6 weeks to fill the position, you've paid $6,000 in ads. Not to mention, every week that a position is unfilled in a company results in lost revenues (either directly or indirectly).
So - the short of it is, it's expensive for companies to fill vacant positions through traditional means. So what NotchUp.com does is allow people to create profiles (free). If your application is approved, the profile is added into the system, either anonymously or using your real name if you aren't worried about your current employer finding you out! The site will suggest an interview rate based on your industry and experience, and then companies looking to hire may ask you to interview if they feel you are a good match. They'll pay you the interview fee you set up, as long as you show up to the interview on time, and are serious about the interview.
It's a better way to "job search" because really, you'll have to be a serious candidate for the position in order for a company to pay for the interview time, right? I can't tell you how many interviews I went on when I first graduated college that I could actually tell the interviewee's had no interest in me from the start (why did they call me in at all then?? To fill quota's probably, they most likely already had the sister of the CEO in mind for the position before anyone was called in to interview...)
Even if you love your job, it's not a bad idea to have your profile on the site. The worst that could happen is you are offered an interview and you decide not to take it because you're not ready to leave your job. The best that could happen is you're paid to interview for a position that you end up liking even more than the job you already have!
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