MoneyBackJobs Launches Career Site That Pays Professionals to Get a Job

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Tue Aug 5, 2008 9:01am EDT

Job Seekers Rewarded with 5-7.5% of Starting Salary, Employers Cut
   Recruiting Costs and Get Access to Passive, Exclusive Candidates
SAN FRANCISCO--(Business Wire)--
MoneyBackJobs, Inc. today launched MoneyBackJobs.com, a career
site that pays people for landing a new job--up to 7.5% of their
starting salary.

   MoneyBackJobs.com represents a smarter way for job seekers and
employers to find and fill jobs while getting perks that aren't
available anywhere else--including generous cash incentives, simpler
and more efficient processes for matching people with jobs, and access
to exclusive job listings and candidates.

   "With MoneyBackJobs.com, we wanted to give people a break from the
standard, stuffy and boring job board," said Mark Thomas, CEO of
MoneyBackJobs. "Job seekers who use our site get cash for accepting a
job, and employers pay substantially less for getting their pick of
the talent pool. Both parties get incentives for making their listings
exclusive to MoneyBackJobs.com. We're pioneering a more efficient
model for connecting job seekers and employers that rewards both
sides."

   How MoneyBackJobs.com Works

   Job Seekers

   * Start out by earning a bonus of at least 5% of their starting
salary for accepting a new job that's posted on MoneyBackJobs.com.

   * Have the opportunity to participate in several promotions to
earn an additional percentage bonus of their starting salary (up to a
total of 7.5%). Cash bonuses are also presented for referring others
to the website.

   * Get access to an exclusive pool of jobs that are not posted
anywhere else: MoneyBackJobs.com offers employers similar incentive
promotions that allow them to earn an additional bonus for keeping
their postings exclusive to MoneyBackJobs.com.

   * Benefit from an easy-to-use and informative web interface that
includes:

   - a simple, one-page section to create a user profile and upload a
resume

   - the ability to include a link to your own professional YouTube
video profile

   - the ability to accept and schedule interview times online

   Employers

   * Pay only $50 for each job posting on MoneyBackJobs.com.

   * Pay only 12% of a candidate's starting salary for each hire.

   * Have the opportunity to lower the percentage of commission they
pay for each hire to as low as 10%, by making job listings exclusive
to MoneyBackJobs.com. Employers also receive cash bonuses for
referring other employers to the website.

   * Get access to an exclusive pool of jobs seekers:
MoneyBackJobs.com offers professionals cash incentives for removing
their resumes from other job boards.

   * Benefit from an easy-to-use and informative web interface that
includes:

   - the ability to propose and accept candidate interview times
directly, online without having to send out e-mails or make phone
calls

   - access to job seekers' YouTube video profiles to prescreen
candidates

   "The challenge with creating a new job board is to do more than
simply add new jobs or attract new candidates," said Thomas, "The
vision with MoneyBackJobs.com is to fundamentally improve the
connection between job seekers and employers in the hiring process by
incentivizing both parties to make a greater commitment to be
involved. This will eventually result in a more efficient job market
with businesses spending less money to attract the right talent and
professionals getting bonuses for finding the jobs they want. When
people get used to our rewards structure, it will be difficult for
them to go anywhere else."

   About MoneyBackJobs

   MoneyBackJobs is pioneering a new model for job search, rewarding
both professionals and companies for getting more involved in the
online hiring process. Its new website, MoneyBackJobs.com, pays
professionals for finding a job and represents a full-service
destination where employers can tap into the talent pool at a
substantial discount. The company was founded by Mark Thomas in 2008
and is based in San Francisco, California.

   For more information, please visit www.MoneyBackJobs.com.

Bespoken Communications
Jonathan Lai, 415-218-4209
jlai@bespokencomm.com

Copyright Business Wire 2008
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