Wednesday, November 9, 2011

Venturocket launches AdWords inspired work market kill summary

RIP Empson-writer at TechCrunch. He did not find friends here, he is here to win and you don't forget it. You can contact him at rip [at] techcrunch [dot] com ? more

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He may not get quite a lot of media coverage as the VMAs at the moment, but we are all aware of the fact that the economy remains in a toilet. Unemployment is still more than 9 per cent, and articles like this in detail, just how long it takes for the average American to find a job, job-seekers and giving up the search after only 5 months.

Of course part of the problem is simply not enough jobs are created, but it is also true that the current state of the workplace and markets today leaves much to be desired. Venturocket, job, service based out of San Francisco, today launches a new spin on the old model, which he hoped would prove more efficient way to match job seekers to employers. With a nod to AdWords to boot.

To start Venturocket founder and CEO Mark Hoag said he wants his service to dismantle old standards search work and rebuild the model from the ground up. For the Hoag, this means no more than a summary not more cover letters and classified ads. With the old, in with new. Venturocket also does away with the charges and fees for job seekers and employers, starting instead only charge a small fee to actual connection, i.e. the applicant gets called interview actual.

As an alternative to the CV and applications, services, requires potential workers to remit their skills and knowledge in these skills is by selecting them from a common pool of choice removing interference duplication and picky search filters.

But that's where the model Venturocket sets her apart from other job seekers: actually bid on keywords that describe their level of knowledge in specific work or qualifications, so you in very real terms, put your money where your mouth is. You are a developer of experts? Well then you can say that you are worth $ 20 and prospective employers to pay that price to talk with you, and you pay the price in return.

In fact Venturocket brings the same model used Google AdWords to determine the fee structure for your ad on the job search process. It is different (and possibly a bit above method) for determining the value of individual connections, but Hoag said he thinks that, having providers and seekers pay a nominal fee, however, he would ensure that both sides are really interested in each other, and that establish a connection. Quality of communication.

Otherwise, the service opened for jobs in each sector and freely join, find and use for the vacancy. Professional skills, it is easy to sort and separate serving results commonly used listings and related fields. Venturocket wants to abandon the need to spam hundreds of job sites and employers with your resume and hastily written cover letter, allowing employers to choose only from among the candidates with the best matches of the skill, leaving job seekers relax in knowing that they will automatically get in touch with the companies that they don't have to spend time compiling saccharin cover letter or prepare a professional headshot.

Now some may put off the fact that you have to spend money to bid for popular keywords, but as Hoag said usually there is a misconception that it is wrong or it is not possible to spend the money as part of the job search. Actually, people spend a lot of money, job seekers and Venturocket in the model, you pay only for those skills that best describe your level of knowledge — and if the employer pays the same way to get in touch with you. Hoag said he understood the model can be attractive for the top 2.5% of job seekers, but the other 97.5% of people are the ones who really need help.

Now of course, to the Adwords keyword price model passes range from $ 1 to $ 100, and for the sake of Venturocket, the price of keywords will be determined on the basis of competition. So there's a chance some titles are up, but Hoag said that, for example, Adwords, he expects the average price is significantly lower — $ 2.

You can also suggest that this model would find people adding hundreds of keywords to describe their level of knowledge, but Hoag said he wants to limit them to manageable numbers incentivize completion, so employees can enter up to 30 words, while employers can add up to 15.

Venturocket testing interesting solution with its new service, and it will be very interesting to see if the Adwords model tests well in the labour market. The idea has some real action on it, but people can really become comfortable with a service that bypasses traditional work assets like resumes and cover letters and replaces them with keyword bidding?

Chime in and let us know what you think. Learn more about Venturocket check 'em out here.


Venturocket is a space where job seekers rely on their skills by employers for Cherry picking and the best talent. Bid price reflects job seekers ...

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