The Indian job market is suddenly booming with referral sites and the latest to join them is Zyoin, a portal from techunified consulting group.
The portal lets you:
- Compare your salary with others
- Refer friends
- Ask questions (i.e. QnA module )
I am aware of few more startups (mostly in closed beta phase) who are operating in the same space. The challenge I see in this entire approach of referral is that the cunning breed of consultants are way too ahead (to fill up the junior/middle management roles) and have a strong ‘network’ with HR people in any organization. So, while referral sounds like a good fishing bait, most of the resumes sent by users will already be present in the HR database – and this is how the industry works (there are few well known stories about how HR/consultant incestuous link-ups).
A portal from an existing HR consulting company? – There are clearly open ended questions related to transparency/viability of data/referrals sent by users.
While salary comparison is a good tool (HT’s Shine.com is betting big on that), I am not sure whether these referral services stand a big chance for success.
What’s your opinion?