Got an invitation for Blue Chip Expert today ( thanks Michael). It promises to be the social networking site for high level professionals, networkers and hiring managers. There description is:” Blue Chip Expert is in the business of making recruiters more efficient and more effective by automating the agency search process through a combination of premier social networks, advanced people search technology, and targeted job referrals”.
The novel thing about it is the payment scheme behind it. Ken Hayes summarizes it like this:”Pay out referral fees to anyone who gets their friends to sign up in BCE, who then gets hired for a job or project. Not only that, but if I refer a friend, and that person signs up another friend who gets hired, I also get a small chunk of the fee. But wait, there’s more! If a recruiter recommends their colleagues to also hire from the database of candidates, then that recruiter gets a chunk of the fee. Cash incentives in both directions.”
It is also nicely summarized in this picture on the right.
Seems all very interesting but if everybody puts his invitation key on his blog or distributes it to anyone without knowing if they are good or not, then you loose the quality of the referral, no? Anyway, if anybody wants an invitation, just drop me a line.