By mixing in crowdsourcing and social features, a Swedish startup, Jobylon , thinks they have the model to fix recruitment by putting a social application on top of Facebook and LinkedIn, and then using the crowd to find the best leads.
Logging into the Jobylon app on Facebook or LinkedIn, you'll find a list of jobs you can apply to, or recommend to a friend. Some jobs may even have a "Bounty" (or finders fee) given to specific positions, which are paid out to referrers of candidates once the candidate is hired.
But aside from the referral rewards, they've full featured job search engine that saves jobs and search agents, and pulls up relevant jobs based on your LinkedIn and Facebook profile.
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