Released: Saturday, February 10, 2007 7:55 PM
Now, it looks like the Internet could make this a simpler and more cost-effective process. Mahendra Pratap, an alumni of IIT-Kanpur, has created a portal that allows anybody to add comments about a candidate whose resume is available on the site.
The idea is to build trustworthy referrals within the portal that can give comfort to potential recruiters.
The process is simple: You upload your resume and ask your previous employer or colleagues to comment about your personality on the website.
Any prospective employer gets to see your referrals and saves his time in making checks on you. If you fake your referrals, your present employer has the opportunity to write his views about you, marking you as a fake for your next job.
Referrals have built a huge amount of credibility among other portals like eBay and LinkedIn. Says Madan Padaki, co-founder and director of MeritTrac, "A lot of companies make their hiring decisions based on what your colleagues and friends think of you in LinkedIn. Companies look for trustworthy referrals. eBay too rates both its buyers and sellers in order to tell people the actual worthiness of the people who are transacting business."
In Mahendra Pratap's portal mohanchoti.com, a company on the look out for candidates pays a one-time fee to the portal and later pays for every reference concerning a particular candidate.
Pratap's concept is patent-pending, and barely three months since its founding - the portal has a database of 40,000 CVs and over 15,000 referrals.
Copyright 2007 The Times of
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Financial Times / Asia Africa Intelligence Wire / The Times of
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