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Wednesday, November 25, 
3:13 pm

Dayak links employers and recruiters in business to help companies fill jobs

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dayak.gifLeave it to the ever-optimistic high-tech startup community to launch an online recruiting site designed to help companies find workers at a time of soaring U.S. unemployment. While most of the country's workers say they're the ones searching, Dayak, an online recruiting marketplace that debuted Tuesday at the Launch: Silicon Valley event, says that, despite rising joblessness, most companies still have trouble finding talent.

"Corporate America has a very large problem," Dayak founder and CEO Allan Sabol said during a presentation. "Each year, employers are forced to compete harder and harder to fill jobs."

Sabol said Dayak meets at the intersection of online job boards like Monster.com, where anyone may post a resume, and the more specialized recruiters who traffic in high-skilled, high-paid workers. In other words, Dayak is designed to provide superior recruiting for all levels of the talent pool, so companies can more easily fill top and lower-wage jobs alike.

The site works by creating a network between employers and recruiters. Employers post their job openings on a site for recruiters to peruse, creating a system not unlike a high-end matchmaker scanning Match.com, or, as one blog described it, "a middleman site for middlemen." That sounds like a processing fairly begging to be disaggregated, but the fact is there remains a big gap between basic job boards that appeared in the days of Web 1.0 and offline recruiters, who still often rely on cold-calling. More than a decade after the consumer Internet reached a broad, mainstream audience, many consumer Internet startups emerging today are striving to improve some of the earliest online business models that either failed to take off or reached only limited audiences. 

Sabol said that in the 60 days since Dayak's soft launch in April, some 275 employers including Wal-Mart Stores Inc. [WMT] and Schlumberger Ltd. [SLB], along with 1,000 recruiters, have logged on to the site, resulting in 147 job interviews currently in progress. Schlumberger, which posted 65 jobs just weeks ago, was so happy with the results "that they came back and posted some more," Sabol said. The beauty of the business, he added, is that when a company is using the same service to recruit multiple jobs, its recruiting costs go way down. Although, Dayak is currently being used to recruit high-skilled jobs, Sabol said that because of the low recruiting costs it offers, the model should also work for filling lower-paying jobs. -- Andrea Orr

See June 7 story on U.S. unemployment from NewYorkTimes.com
See post on Launch: Silicon Valley and Dayak from Webware.com

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Comments

From: Danny from the Bronx,

I have been on BountyJobs for 3 months, made 3 placements. I saw Dayak and Talenthire, and their is no comparison.

BountyJobs is the leader of this pack.


From: Dave from KC,

I have been on both Bounty Jobs and Dayak. Bounty Jobs is definitely the leader at this time but Dayak seems to be gaining ground. I have seen changes made on Bounty Jobs that seem to be more in line with what Dayak is trying to do so perhaps that is a sign. Dayak doesn't have jobs in my area of expertise so I can't say anything about how it works just yet but hopefully it will soon. I have made only 4 placements on Bounty Jobs but the feedback from employers on their site has been super frustrating. I hope they put things in place to fix that. It will be interesting to see which model moves forward but from the looks of it so far the new kid on the block is out of the gate and running.


From: kona is coffee, koa is wood,

I think the other thing to remember is that Dayak is a community, and community growth can be a little daunting. I'm not a recruiter so I can't speak to that side of it but I think as an actual job resource Bounty Jobs is bigger and therefore more inviting simply by virtue of being around longer. That doesn't speak to any flaws, however, in BJ's model. Dayak is a smaller community, because they are new. I've used both in the past three months for hiring. Both found me candidates at roughly the same speed but Dayak wound up being a bit cheaper with their "priceline" model, for what it's worth (and it could be worth a lot, depending).

Process and interface are a completely different story and I agree with the last comment all the way. Dave, if BJ is indeed adopting some of Dayak's ideas that is very interesting. I think sometimes it takes a newer innovative company to get the big boys to put on a fresh coat of paint and fix the plumbing. Not to flog a moribund equine but BJ could use both, as could several other similar sites.


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