“The recruiting industry still does business today essentially the same way it was done 60-years ago. The industry is ripe for innovation and I believe crowdsourcing can be a compelling new business model and platform.”
Reston, VA (PRWEB) June 07, 2013
Glenn Fox, the former VP Recruiting for AOL and a founding member of Microsoft’s executive recruiting team announced today the launch of his new crowdsourced recruiting company SL8Z (pronounced “slates”). The company provides employers with a fast and more cost effective recruiting service via an exclusive “crowd” of independent recruiting professionals.
Crowdsourcing is described as the ability to obtain needed services via a large group of people (the “crowd”) rather than from individual vendors. Fox discovered the crowdsourcing design company, 99Designs, when he was the VP of Recruiting for a pharmaceutical company and he needed a custom Twitter page for his department. Instead of paying thousands of dollars to the company’s design agency, he paid less than $300 through 99Designs.
“It was an amazing experience. I saw immediately the potential of the crowdsourcing model being applied to the recruiting business.”
After leaving his recruiting leadership role last summer, Fox began working on his new recruiting venture. Fox named his new company SL8Z because the service helps employers quickly build slates of qualified candidates by leveraging the candidates recruiters already recruit. The service is free for employers to post their positions and set their own placement fee. SL8Z “crowd” of recruiters present candidate profiles that employers review for free.
Fox explains that employers only pay the placement fee if they hire a SL8Z candidate. When they do, SL8Z invoices the client and then pays 70% of the fee to the placing recruiter. SL8Z is free for recruiters to join, but, they must qualify first. Fox personally reviews and approves all recruiters explaining, “In crowdsourcing, the quality of the crowd really matters.”
Fox partnered with a former Google senior developer to create SL8Z. The site went into development in December and is now live at http://www.sl8z.com.
SL8Z (pronounced “slates”) is a global marketplace for performance-based recruiting. It connects employers looking to hire qualified professional and executive talent with a handpicked community of experienced recruiting professionals. Employers post the description of positions they need to recruit and set a placement fee they are willing to pay. SL8Z “crowd” of qualified recruiters present candidate profiles that employers review for free. If a hire is made, SL8Z invoices the employer and pays the placing recruiter 70% of the fee. SL8Z is free for recruiters to join, but they must qualify first. SL8Z was founded by a former recruiting leader from AOL and Microsoft. The company is based in Reston, Virginia. Visit http://www.sl8z.com.