Posts Tagged ‘employee’

ChumBonus – How it works

Thursday, February 4th, 2010

We’ve met so many people over the past few months since our launch – and it’s been great.  But from time to time we get a few of you who email us to ask us how ChumBonus works.  To make it easy, we thought we’d post a quick overview for those who haven’t yet figured us out. Let us know if you still have questions.

How We Work:

1. A client posts a job on the ChumBonus site for free and declares a bonus amount they are willing to pay to the person who refers the candidate that is ultimately hired by the client.  The bonus acts in the same way an employee referral bonus works within a company.  Clients can also elect to designate an amount they will donate to charity when a hire is made.

2. The referrer checks out the ChumBonus site and looks for job listings that match their “chum’s” qualifications.

3. With a click of a button, referrers can send a link to the job description to their chum.

4. The chum reviews all the details about the job and applies right on the ChumBonus site.

5. From there, the potential hirer reviews the candidate’s resume and decides if the applicant is a viable candidate for the job and if so, initializes their internal screening process.

6. When the applicant is hired, the referrer receives their referral bonus – usually within four weeks.

7. As an added feature, ChumBonus enables referrers to donate a portion of their referral bonus to a charity of their choice. Users simply choose this option on the ChumBonus site.

Of course, if you still have questions or comments, don’t hesitate to contact us.  We would love to hear from you.