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Jobg8 Releases New Pay for Performance Product for Job Boards that are Network Members

Posted on: Monday, 24 August 2009, 14:13 CDT

PORTLAND, Maine, Aug. 24 /PRNewswire/ -- Jobg8, a new tool for internet job boards that creates a network of jobs and a dynamic marketplace for job boards, has developed a sophisticated application that allows job board members to offer a "pay for performance" (P4P) product to their clients. Jobg8 has been testing the application on several job boards since March, and the version now released includes a number of enhancements deemed critical by beta users.

The application enables job boards to offer a service from their site that allows the client to build a job posting and select qualification, or "filtering", questions and answers from an online library. As more in-depth filtering questions are selected by the client, they will see their price per application increase through the creation process. Once the client is satisfied with the posting, the filtering questions and the cost per qualified application, he or she determines the number of applications he or she would like to receive and then finishes the transaction. The job board then releases the posting and the questions to the Jobg8 network where it is widely distributed to ensure a timely and adequate response. Any job seeker who applies for the position anywhere within the Jobg8 network will then be required to answer the qualifying questions as part of the application process. Qualified applicants are then delivered back to the original client who is then only charged for the qualified applications received. The application is fully branded from the originating job board and allows the board to offer a unique and innovative product for those customers looking for less risk and more qualified applicants.

Matt Hoffner, the president of Jobg8 North America, states, "We have been very pleased with the response from our current clients who have had a chance to review our 'P4P' demo. Many have considered developing some 'P4P' application on their own but see the advantages of having a product available now that is linked to a network of job boards the size of Jobg8. They can protect their brand and offer a product that addresses the growing industry trend of having a 'pay per application' product instead of just a 'pay per posting' option."

The Jobg8 application not only allows the job board to protect their brand, but offers several set-up alternatives that allow the job board to determine check-out options and their margins for individual clients using the service.

About Jobg8

Started in the United Kingdom in April 2008, Jobg8 provides a unique job distribution platform linked with a dynamic marketplace where job board clients can trade jobs and qualified applicants for those positions. The company currently operates networks in the UK, US, Canada and Australia and plans to expand to other countries this year. For more information about the company please visit www.Jobg8.com.

SOURCE Jobg8

Source: PR Newswire

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