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All Press Releases for February 22, 2003 Subscribe to this News Feed      
 

Subcontract.com Staffing Exchange Guarantees Customers at Least One Candidate Placement

The company has boldly gone where no other online recruiting solution or staffing exchange has gone before by offering a money back guarantee.

Subcontract.com, the leading staffing exchange, which allows staffing vendors to market their candidates and utilize other staffing vendors, has boldly gone where no other online recruiting solution or staffing exchange has gone before. The companys management today adjusted it customer agreements to allow for a conditional money back guarantee on its annual subscriptions. Subscribers that have not placed at least one candidate through the service will be offered a refund upon completion of the subscription term. Company president, Michael Sparks cited that this was something many of our customers needed to tip their purchasing decision and our track record of placements makes it a comfortable decision". The company claims to have facilitated over 26,000 vendor to vendor candidate placements since going live in December of 2000.

The company does require that certain conditions be met: The customer requesting the refund can only do so at the end of the subscription term; The customer must have had at least five candidates or five job postings on their account throughout the course of the year; The dollar amount of the refund will be adjusted by 10% for accounting and company certification costs; The customer cannot have any unresolved grievances filed against it by another customer; Customers are eligible for a refund if they have not placed a candidate as either a buyer or supplier on the staffing exchange by the end of the subscription term; and Quarterly subscribers are excluded from the guarantee.

About Subcontract.com

Subcontract.com, Inc. is the leading business to business staffing exchange, which provides a B2B counterpart to popular jobsites and resume banks such as Monster.com® and Hotjobs.com®. Registered and screened companies receive real-time notifications of hourly, permanent, project and offshore opportunities from other registered vendors, employers and government agencies. Member firms list their benched candidates in the search engine and receive warm leads from interested parties. This service includes Resume Pooling® for enterprise-wide internal candidate searching and easy VMS® for simple staffing vendor management and vendor on premise functionality. All three services are offered for one low subscription and there are no per transaction fees. The company recently reported that in excess of 26,000 candidates had been contracted through its services since 2001 representing over $600 million in transactions. For more information, contact Subcontract.com Inc.: 545 E. Algonquin Rd., Arlington Heights, IL 60005 Tel: 888-754-1874, fax: 847-427-9332, or visit www.subcontract.com, or email mary.p@subcontract.com



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Mary Poradyla
Subcontract.com
(888) 754-1874
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