TalentBazaar is an online platform that connects recruiters with recruitment consultants. It allows recruiters to work remotely to source candidates for job requirements posted by consultants. Recruiters earn a 35% commission of the placement fee by submitting qualifying candidates. The platform is free for recruiters to use and manages the process of application, candidate submission, interviews and payment. It aims to create a efficient system that benefits both recruiters and consultants.
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What is TalentBazaar
TalentBazaar.com provides an automated platform for recruiters to
work with recruitment consultants spread across India on revenue
sharing mode.
We create a win-win situation for both by helping in closing the
position quickly, benefitting both the recruitment consultant and the
recruiter. The revenue generated gets shared between both.
TalentBazaar charges a small monthly fee for usage of its platform
from recruitment consultants, for recruiters there are no charges.
We manage, monitor and guide the platform users to help them make best
use of the platform. We talk on phone/chat/emails, actively with all users
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Credentials
•Launched in 2009
•Have worked with 1000s of recruitment consultants and freelance
recruiters spread across India
•Have exceeded expectation of all clients in terms of quality of
sourcing, speed and delivery capability
•What our recruiters say about us
http://www.talentbazaar.com/credentials/consultant-testimonials
•What our clients have to say about us
http://www.talentbazaar.com/credentials/client-testimonials
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Founder & CEO
Rajiv Vidyarthy - https://www.linkedin.com/in/rajivvidyarthy
B. Tech. - IIT Delhi 2001,
MBA – IIM Lucknow 2006
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Benefits to recruitment firms
• Ability to pick up more mandates without expanding the team
•Lower fixed cost because of lesser number of in-house recruiters
•Ability to work on larger requirements
•Effective utilization of recruiters bandwidth
•Automation of the recruitment process leading to better & efficient
operations and increased efficiency
•This leads to increased revenue, reduced fixed monthly
outflow and increased efficiency .. More profits
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Benefits to recruiters
•Work with recruitment consultants spread across India
•More variety of work, pick up mandates as per your expertise
•Pick up less-more work depending on your availability
•Efficient use of your free/idle time
•Be in touch with corporate world despite being at home
•Learn and enhance your knowledge and experience in recruitment
•TalentBazaar.com resolves any disputes between you and
recruitment consultant,
•Work from home was never so beneficial .. Learning,
earning and being it touch with your corporate life
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Responsibilities of a recruiter
•Identifying requirements to work
•Applying to work on the identified requirement
•Being in touch with the recruitment consultants for any
clarifications regarding the requirement
•Sourcing candidates based on the brief/JD
•Candidate co-ordination with regards to
feedback/interview/any other need
•Co-ordination with recruitment consultant for interview
scheduling/feedback/any other need
•Sending invoice to the consultant for payment and sending a
confirmation for payment to them
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Recruiters – How much can I make?
•Earning Potential
•Average placement fee – Rs 55000/hired candidate
•Your average share –Rs19000/hired candidate(35% of the
fee)
•More your hire, more you get
•Cost incurred – broadband, phone and your time. No
monetary investment
•Success Mantra
•Focus on sourcing quality CVs
•Focus on sourcing CVs in volume (6-10 CVs/every
requirement)
•Perfect candidate and client co-ordination
•Work on 1 new requirement every day
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Can you be a successful freelance recruiter?
•Motivated to work from home
•Is available on phone always for doing the coordination
•Smart, checks emails frequently on phone
•Dedicated and works on regular basis
•Should be ready to work on all kind of requirements and for any
location all over India.
•Good candidate and client co-ordinator
•Focused on increasing the efficiency to generate more revenue
in less time
•Inquisitive, willing to put in efforts to do research on internet
and learn about profiles/companies etc
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Membership for Recruiter
•All applicants must have past recruitment/HR/work experience
•Membership will be granted to qualified recruiters after due
diligence
•There is no membership fee or monthly payment that needs to
be made to talentbazaar.com
•You would be required to complete the paperwork for becoming
a member (agreement, identity and address proof)
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How do recruiters work on TalentBazaar.com
•You get notified about every job posting that gets posted on
talentbazaar.com
•You check out the requirement and find out a CV matching to
the requirement posted & apply to work submitting this CV as a
sample to demonstrate your understanding of the requirement
•The consultant will look at your application and will call you to
discuss and will decide to approve or decline your request.
•You get a mail informing you about the decision
•Once approved, you start sourcing and evaluating quality
candidates and submitting them for the requirement.
•The consultant lets you know the feedback on the submitted
profile
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How do recruiters work on TalentBazaar.com
•Candidates will be processed and feedback will be shared
•You will be asked to schedule candidates for the
interview/follow-up to ensure they are turning up for interviews
etc
•Interviews happen, decisions about selection/rejection shared
•Offers rolled out, you keep the candidate warm till he/she joins
•Send the invoice for your payment to the consultant, consultant
pays directly to your bank account via online transfer
•The work happens via platform and the communication via
platform emails/phone/chat
•Once you have proved your potential, you are made a preferred
recruiter by the consultant and he keeps on sharing more
requirements with you
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Pricing for recruiters
Using the platform for helping our clients in closing their positions
Free/zero/zilch/nothing
• Work on requirements posted by clients
• No limit on number of requirements you can apply
Get 35% of placement fee. Send an invoice to the concerned
consultant on 75th
day of joining and get paid directly in your
bank account by 97th
day of joining.
If the consultant helps you with the resume database access, the
revenue share is 25% of the placement fee
You need to pay for your own internet and phone bill.
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Agreement
The agreement formalities would be completed soon after you fill up
the signup form.
The agreement will be emailed to you, we would require your email
approval on the same along with your identity proof and address
proof.
Training will be provided to you before taking you on-board.
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Contacts
Contact Us:
Megha Talathi
megha@talentbazaar.com
0-9594734488/ 022-64585812
Rajiv Vidyarthy,
Founder & CEO
rajiv@TalentBazaar.com
0-9930677633/022-64585801
Visit us at www.talentbazaar.com
Registered Address – C-112, Pioneer Heritage Residency 1, Opp Sane
Guruji School, Santacruz - West, 400054