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Home Business

What is Refermarket and its Benefits

by Ethan
August 12, 2022
in Business
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What is Refermarket and its Benefits
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At Refermarket we’re looking to democratize access to job referrals. We believe that everyone should have a fair shot at landing their dream job and one’s chances of getting hired should be based on their skill and not their network. Our matching algorithm connects candidates to employees at the companies they’re looking to get hired by who can best validate their skills as a strong match for the role. This helps candidates who might be getting overlooked by recruiters and helps companies hire stronger candidates while saving them both time and money.

Table of Contents

  • Refermarket for Candidates
  • Refermarket for Companies
  • Benefits for Candidates
  • Benefits for Companies

Refermarket for Candidates

For candidates, we solve access to job referrals; improving their chances of getting hired, regardless of where they grew up, what school they went to and where they currently work now. We improve upon current solutions such as Linkedin, Blind and Fishbowl by matching candidates to employees willing to refer candidates, who have similar skills and thus can best validate a candidate for a referral.

Refermarket for Companies

For companies we solve their pain points around hiring diverse and talented candidates. Employees with similar backgrounds can more effectively identify high quality candidates, saving the company time and money compared to hiring recruiters and agencies who source talent for a company.

Our biggest value proposition lies in our matching system. We optimize for a candidate’s chances of landing an interview from a referral while also optimizing for companies ability to onboard diverse and talented candidates. We additionally have built a platform that provides greater transparency for candidates on how they can improve their candidacy with feedback from real life employees at the companies they’re looking to join.

Benefits for Candidates

For candidates, this results in:

  • Time saved during the job application process
  • Higher chance of landing an interview
  • More transparency which they can use to improve their candidacy

Benefits for Companies

For companies this results in:

  • Improved diversity in hiring Money saved hiring candidates by leveraging existing employees to refer candidates
  • Time saved hiring candidates

Learn more at: https://refermarket.com/

Tags: Refermarket and its Benefits
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