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πŸ“Œ The Problem

β†’ The current job referral scenario has a very limited reach, only 5% to 10% employees of the company actually go out and find and hunt down possible candidates for the company. Most of the employees do not do this proactively resulting on company missing out on talent and employee missing out on earning rewards.

β†’ All the companies when hiring also appoint consultants and agencies who are paid around up to 10% CTC of the hired candidate as a finder’s fee.

β†’ Peerlist as a credible professional networking platform wants to solve this problem where any qualified Peer can refer a job to his Peer and earn rewards from the employer.

β˜” Constraints

β†’ Anyone can refer a job to his Peers, regardless of the company he works in.

β†’ Is the person who is referring qualified enough?

β†’ How will this feature bring growth and retention to the platform?

β†’ Is their a monetization opportunity for Peerlist through referral-reward system?

β†’ Which are the roles or companies who would be most interested in using this feature? How can Peerlist reach out to those companies and encourage them to use this feature for their hiring process?

β†’ Choose one workflow either company side or referrer-candidate side.

🀝 Hire my Peer

Introducing πŸ₯ Hire my Peer - a Referral-Reward based Hiring System, added as a concept feature to Peerlist through which users can: