The Web Uncovered

Digital Marketing Tools, Strategy & Insight

The Job Auction Block

Posted by Rick On May - 13 - 2009

As if the current economic conditions weren’t bad enough.  Bidding for that dream job may be a real alternative, and for some their only choice. 

For years the internet has been shaping the way we do business.  A global marketplace for goods is available for just about everything.  Auction sites have been the rave for years, with eBay raking in Billions in transactions.

 

Did you know that you can also bid on a job? That’s right, only the bidding goes the other way.  At sites like http://www.jobaphiles.com/ you are presented with assorted industries to choose from.  Boston college grads started a Web site that allows job seekers to bid on positions based on who will work for the lowest salary. 

 

“We’ll start the bidding at $50 dollars per hour.  Do I hear 45?  How about $40?”  And with the rap of gavel, “SOLD for $35 dollars per hour!””.

 

Sound ridiculous?  Sound far fetched?  Not in today’s economy.  With millions of Americans looking for work, this could become a reality and the only type of place to post or find quality jobs.

We see companies letting people go saying they are eliminating their position, yet immediately recreating the position and rehiring someone else for less money.  Why not auction the job off to save money?  Heck, why not auction off the CEO or CIO positions?  That’s where a company would get the best bang for its buck.

 

Corporate America is more cost conscious now than ever before. They are motivated. Thanks to recent occurrences, we are seeing government bailouts in the trillions of dollars.  Adopting an auction approach to filling positions could become a real alternative for saving money as they restructure. Search engines like Monster and Career Builder may find themselves taking a back seat for some or most of the best job postings. 

 

The job auction sites are out there.  Is it time to rethink your job search strategy?  Is this a good or bad idea?  Would you participate or boycott?  I doubt the latter.  We all have a nasty habit called hunger and a propensity to live with roofs over our heads.

 

What do you think?  Can you stand the competition?  If so take your paddle and sit in isle 100 thousand.  The bidding will start momentarily.

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