Well the recession does not seem to have any impact on the creativity of the Irish future jobs board owners. TalentTank.ie is the latest proof of that. While some of the largest ones are changing their business models drastically:
Jobs.ie adopted Google AdSense advertisements, and is selling pop under traffic (those popup windows that open behind the main window with some unrelated (usually dodgy) web site
IrishJobs.ie selling pop under traffic
RecruitIreland.com giving it away for free to any employer to advertise
TalentTank.ie has a quite different business model from a day one. This is what they say about themselves:
In essence, TalentTank.ie is a web-based platform that provides both Individuals and Employers to quite simply make a difference in this current down-turn.
TalentTank.ie will also explain the details:
Talented Individuals register with TalentTank.ie to offer their talents and skills for free, for a couple of hours or days a week for a specified period, so as to demonstrate their skill sets. Employers in turn register with TalentTank.ie to avail of this free pool of resources in turn driving productivity with out any additional cost over-head.
Basically it is a free labour for the Employers. As TalentTank.ie say – ‘no cost’.
Thereafter, having demonstrated their net worth to their Employer colleagues, Individuals then have the opportunity to onward and directly network with potential Employers, in effect bypassing costly recruitment agencies and enabling a quicker and more cost effective route to employment for both parties.
Recruitment agencies are being bypassed to avoid their cost as well. So Employers do not have to pay for the staff or the recruitment.
This initiative will allow Employers become more competitive in terms of reducing labour costs and driving skills-base, which if adopted cross sectors and industries, will contribute significantly towards establishing a foundation for recovery. And of course, as an Employer’s business grows, so to will the need for new Employees.
Employers are getting staff and the recruitment of the staff for free so they will be more profitable and as ThinkTank.ie page say – establish the foundation for the economic recovery. Staff and recruitment costs written off profit margins shoot up, and Ireland becomes competitive again. The roar of the Celtic Tiger can be heard running back towards us!
Or did I not get it right somehow? Do you get it?