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Updated: ClickJobs Revamps Business Model: Incentivises Job Seekers

Consim Info owned jobs classifieds portal ClickJobs.com has adopted a new business model - incentivizing job seekers for uploading their CV, and charging job seekers only for accessing a users contact details. Companies will not be charged for posting jobs, but only for contacting prospective employees - Clickjobs is calling this the "Pay for Contact" model. The existing business model involves primarily offering subscription packages to employers, which allow them to a database of resumes. Jobseeker Incentive Plan; Verification Is Critical ClickJobs is incentivising jobseekers to put up their resumes, and also ask their friends to register and upload their resumes. Job Seekers get paid 50% of their resume's value when their contact details are accessed by the employer, 10% when a referred friends contact details are viewed, and 5% for their friends’ friends resume. As is obvious, such a system may be open to abuse - users may upload fake resumes, just to make money off resume views. ClickJobs is trying to counter this with a verification system. It is imperative for ClickJobs to build up a large resume database as possible - once they are able to offer the same candidates as a Monster or a Naukri, employers and consultants can opt for the more affordable option. If the resume database remains small - it doesn't help. Update MediaNama spoke to Consim Info CEO Murugavel Janakiraman about the new business model the company has adopted:  How has the change in business model impacted ClickJobs as an organization? We…

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Written By

Founder @ MediaNama. TED Fellow. Asia21 Fellow @ Asia Society. Co-founder SaveTheInternet.in and Internet Freedom Foundation. Advisory board @ CyberBRICS

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

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