SYSTEM AND METHOD FOR FACILITATING ENGAGEMENT AND COMMUNICATION BETWEEN A COMPANY AND A RECRUITING FIRM

1 . A system to facilitate engagement and communication between a company with an available position and at least one recruiter, comprising:

a server coupled to a computer network;

a user interface for co-workers at the company, wherein the user interface is coupled to the server over the computer network and allows a plurality of co-workers to post information to the server about an available position of the company, including a bounty, receive information from the server about candidates for the available position of the company, and select a candidate on the server for the available position; and

a user interface for recruiters, wherein the user interface is coupled to the server over the computer network and allows a plurality of recruiters receive information from the server about an available position of the company and submit information to the server about a candidate for the position of the company.

2 . The system of claim 1 , wherein the server transmits a portion of the bounty from the company to a recruiter upon receiving notification of the selection of a candidate for a position of the company.

3 . The system of claim 1 , wherein a user interface is a web-page viewed in a web-browser.

4 . The system of claim 1 , wherein a user interface is a rich internet application.

5 . The system of claim 1 , wherein the user interface for co-workers includes a news feed, wherein the news feed displays time stamped activities of the plurality of recruiters.

6 . The system of claim 1 , wherein the user interface for co-workers includes a news feed, wherein the news feed displays time stamped activities of the plurality of co-workers.

7 . The system of claim 6 , wherein one co-worker selected from the plurality of co-workers has administrative privileges over the news feed displayed for each co-worker.

8 . A method to facilitate collaboration and communication between a plurality of co-workers of a company with an available position while interacting with a recruiter, the method comprising the steps of:

a) assigning administrative privileges to the plurality of co-workers;

b) posting information about the available position for the company;

c) posting a bounty for a recruiter that submits information about a candidate that fills the available position;

d) receiving information about a candidate for the available position of the company from the recruiter;

e) upon the selection by the company of a candidate for the available position, transmitting payment to the recruiter.

9 . The method of claim 8 , wherein the step of transmitting payment to the recruiter includes transmitting a payment to a third party which then transmits a portion of the payment to the recruiter.

10 . The method of claim 8 , wherein steps (b), (c), (d), and (e) are performed individually by co-workers with necessary administrative privileges to perform the individual step.

11 . The method of claim 8 , wherein step (a) is performed by a co-worker in the plurality of co-workers, wherein the co-worker is designated as a company administrator.

12 . The method of claim 11 , wherein a company administrator assigns administrative privileges to co-workers of the plurality of co-workers, wherein the administrative privileges are selected from the group consisting of: adding new co-workers, deleting co-workers, assigning administrative privileges to co-workers, assigning the task of filling available positions of the company to co-workers, adding new recruiters, blocking recruiters, engaging a recruiter, promoting a recruiter to a preferred recruiter, promoting a recruiter to an enterprise recruiter, and setting a range of bounty amounts for which a co-worker may authorize.

13 . The method of claim 11 , wherein step (a) is performed by a co-worker in the plurality of co-workers, wherein the administrative privileges are a subset of the administrative privileges available to the company administrator.

14 . The method of claim 8 , further comprising the step of updating a news feed upon actions of steps (a), (b), (c), (d), and (e).

15 . The method of claim 14 , wherein step (a) is performed by a co-worker in the plurality of co-workers, wherein the co-worker is designated as a company administrator, and includes assigning permission to access news feed updates.

16 . The method of claim 8 , wherein step (a) is performed by a co-worker in the plurality of co-workers, wherein the co-worker is designated as a company administrator, and includes one selected from the group consisting of: assigning permission to generate a report on a recruiter, assigning permission to generate a report on a co-worker, assigning permission to access positions of the company, assigning permission to generate a report on a candidate for a position of the company, and assigning permission to participate in the candidate hiring process.

17 . A method to facilitate collaboration and communication between a plurality of recruiters while interacting with a company with an available position, the method comprising the steps of:

a) assigning administrative privileges to the plurality of recruiters;

b) receiving information about the available position of the company from the company;

c) receiving a bounty offer for the recruiter that submits information about a candidate that fills the available position of the company from the company;

d) submitting the information about the candidate for the available position of the company to the company; and

e) upon the selection by the company of a candidate for the available position, receiving payment from the company.

18 . The method of claim 17 , wherein the step of receiving payment from the company includes receiving a payment from a third party which transmits a portion of a payment from the company to the recruiter.

19 . The method of claim 17 , wherein steps (b), (c), (d), and (e) are performed individually by recruiters with necessary administrative privileges to perform the individual step.

20 . The method of claim 17 , wherein step (a) is performed by a recruiter in the plurality of recruiters, wherein the recruiter is designated as a recruiting administrator.

21 . The method of claim 20 , wherein a recruiting administrator assigns administrative privileges to recruiters of the plurality of recruiters, wherein the administrative privileges are selected from the group consisting of: adding new recruiters, deleting recruiters, assigning administrative privileges to recruiters, and assigning the task of filling available positions of the company to recruiters.

22 . The method of claim 20 , wherein step (a) is performed by a recruiter in the plurality of recruiters, wherein the administrative privileges are a subset of the administrative privileges available to the recruiting administrator.

23 . The system of claim 20 , wherein the recruiting administrator controls the distribution of bounty payments received among all recruiters in the plurality of recruiters.

24 . The method of claim 17 , further comprising the step of updating a news feed upon actions of steps (a), (b), (c), (d), and (e).

25 . The method of claim 24 , wherein step (a) is performed by a recruiter in the plurality of recruiters, and includes assigning permission to access news feed updates.

26 . The method of claim 8 , wherein step (a) is performed by a recruiter in the plurality of recruiters, wherein the recruiter is designated as a recruiting administrator, and includes one selected from the group consisting of: assigning permission to generate a report on a recruiter, assigning permission to generate a report on a company, assigning permission to access positions of a company, assigning permission to access contact information of a company, assigning permission to view the candidate hiring process, and setting a range of bounty amounts for which a recruiter may submit candidates.