I have just been reading about an Edinburgh company doing something very interesting in the recruitment market: Playfair & Noble.
They have essentially cut out the middle man. As an employer, you can post jobs and view candidates – nothing new there. And as a candidate you can register and browse for jobs, again, no great shakes. Until you discover that the fee P&N charge the employer for hiring someone is only 7% – compared to an industry average of 25% – and P&N then give half of that fee to the candidate!
So if you land a £40,000 job through them, they pay you £1,400. Nice one.
They launched in the summer and appear to have got off to a really good start. I don’t know of anyone who has used them yet, but they have some reputable clients in the legal sector that I know, such as Burness, Shepherd & Wedderburn and Semple Fraser. Ian Anderson, HR Director at Semple Fraser, said in an IOD article about P&N, “Our early experience of working with them has been positive and gives us confidence that their approach does what it says on the tin.”
They are currently focused on the following areas, but saying that they are likely to expand this:
Check it out. Anyone out there had any experience with them – as employer or candidate?
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