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Press release distributed in partnership with ... 
Dayak is a New Recruiting Marketplace that Saves Employers Money, Fills Jobs Faster
New site allows employers to set their own finders fee for a successful hire, and helps recruiters make more money.
Carlsbad, Calif. (PRWEB) April 9, 2008 -- As U.S. companies continue to struggle to find talented workers, more companies are turning to outside recruiting firms to fill their job vacancies. Many employers have come to rely on outside recruiting agencies as the only reliable and effective method for filling jobs quickly; but with fees that range from 20-30% of first year’s base salary, most employers are less than satisfied with this as a primary recruiting resource. A new recruiting solution called Dayak gives employers a much-needed alternative to traditional recruiting firms.
Dayak is an online recruiting marketplace that matches employers to a nationwide network of recruiters. Unlike most recruiting methods available today, Dayak allows employers to set their own fees for a successful hire. "Dayak is a free-market system that fosters competition amongst recruiters," says Allan Sabol, Dayak CEO. “Competition means faster fill rates, higher quality candidates, and much lower fees."
Recruiters also benefit from the Dayak marketplace. Recruiters can earn money in three ways; by filling open job orders, by posting split jobs on the Dayak job board, and by referring other users to the website. "We give recruiters the ability to make more money in more ways," says Sabol.
"We continuously improve our marketplace so that employers can post jobs more easily, and so that recruiters can earn more money," says Dayak Chief Technology Officer C.J. Jouhal. "We have a very aggressive development schedule planned, and we will continue to roll out new enhancements to the site that will make the user experience even better as our marketplace grows."
Dayak is positioning itself to become the "eBay of the recruiting industry". This point is accentuated by the composition of the Dayak team. Dayak’s Chief Technology officer, Product Manager, and senior programmers are all eBay alumni and the company recently added Kip Knight, VP of Marketing for eBay North America, to its board of directors. Dayak’s lead investor is First Round Capital, a venture capital group founded by former eBay executives.
"Over the last ten years eBay has made inefficient markets efficient for physical goods. Dayak has the opportunity to do the same for the recruiting industry. Dayak’s solution benefits both employers and recruiters. I am excited to be on the board of this dynamic company," says Kip Knight, VP marketing Ebay North America.
Dayak’s recruiting marketplace is the solution for employers who want full-service recruiting, without a full-service price tag.
About Dayak:
Dayak is an online recruiting marketplace that matches employers with a nationwide network of professional recruiters. Dayak combines the simplicity and convenience of an online job board with the effectiveness and support of a full-service recruiting firm. Employers post their jobs and set their own fee that they are willing to pay for a successful hire. Recruiters compete to fill the job. The result of competition is faster fill rates, higher quality candidates, and dramatically lower fees.
Note to media - For more information about this topic, or to schedule an interview with Dayak, First Round Capital, or Kip Knight please contact Kristi Palmer at (760) 268-9021or email kpalmer(at)dayak.com.
This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: www.HRmarketer.com) on behalf of the company
listed above.
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