IP Library Granted Patent US 8,190,531
Granted Patent B2
US 8,190,531 · App. 12/208,283 · Granted May 29, 2012

Method to facilitate engagement and communication between a company and a recruiter including a bounty

Assignee: BountyJobs, Inc.
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Quick Facts
Patent No.
US 8,190,531
App. No.
12/208,283
Granted
May 29, 2012
Kind
B2
Abstract

The present invention includes a method to facilitate engagement and communication between a company with an available position and a recruiter. The method includes the steps of posting information about the available position for the company, and receiving information about a candidate for the available position of the company from the recruiter, and submitting the information about the candidate for the available position of the company to the company. The method further includes the step of receiving payment from the company and transmitting a portion of the payment to the recruiter upon the selection by the company of a candidate for the available position.

Claims (38)

1. A method comprising:

on a first computer, a second computer, and a third computer interconnectable through a computer network:

posting selectively-accessible information about an available position for the company on a first computer;

posting a bounty for the available position on the first computer;

receiving information about a candidate at the first computer from a second computer associated with the recruiter for the available position of the company from the recruiter;

transmitting the information about the candidate for the available position of the company from the first computer to a third computer associated with the company;

allowing the company to modify the amount of the bounty on the first computer from the second computer, wherein the amount of the bounty can be increased, but not decreased, by the company; and

upon the selection by the company of a candidate for the available position, receiving payment from the company and transmitting a portion of the payment to the recruiter.

2. The method of claim 1 , wherein receiving payment from the company and transmitting a portion of the payment to the recruiter occurs through the computer network.

3. The method of claim 1 , wherein step receiving payment from the company comprises receiving payment from the company in an amount greater than the bounty and transmitting an amount equal to the bounty to the recruiter.

4. The method of claim 1 , wherein step receiving payment from the company comprises receiving payment from the company in an amount equal to the bounty and transmitting an amount less than the bounty to the recruiter.

5. The method of claim 1 , further comprising: in response to receiving information about a candidate for the available position of the company from the recruiter, receiving payment from the recruiter and submitting the information about the candidate for the available position of the company to the company.

6. The method of claim 5 , wherein the size of the payment is a function of the size of the bounty.

7. The method of claim 6 , wherein the size of the payment is proportional to the size of the bounty.

8. The method of claim 1 , wherein posting selectively accessible information about the available position comprises restricting access to the information based on the size of the bounty.

9. The method of claim 8 , wherein posting selectively accessible information about the available position comprises restricting access to the information based on the size of the bounty and the placement history for the active recruiters for an available position.

10. The method of claim 8 , wherein posting selectively accessible information about the available position comprises restricting access to the information based on the size of the bounty and one of the following measurements: a number of submissions, a number of selections of the candidates submitted by the recruiter, a ratio of number of submissions to number of selections of the candidates submitted by the recruiter, a candidate interview rate, a number of recently filled positions, a submission opened rate, a submission processed rate, or an amount paid to the recruiter.

11. The method of claim 1 , wherein receiving information about a candidate comprises restricting receipt of the information about the candidate from the recruiter based on the size of the bounty.

12. The method of claim 11 , wherein receiving information about a candidate comprises restricting receipt of the information about the candidate from the recruiter based on the size of the bounty and the placement history for the active recruiters for an available position.

13. The method of claim 11 , wherein receiving information about a candidate comprises restricting receipt of the information about the candidate from the recruiter based on the size of the bounty and one of: a number of submissions, a number of selections of the candidates submitted by the recruiter, a ratio of number of submissions to number of selections of the candidates submitted by the recruiter, a candidate interview rate, a number of recently filled positions, a submission opened rate, a submission processed rate, or an amount paid to the recruiter.

14. The method of claim 1 , wherein transmitting the information about the candidate comprises restricting transmissions to the company based on the size of the bounty.

15. The method of claim 14 , wherein transmitting the information about the candidate comprises restricting transmissions to the company based on the size of the bounty and the placement history for the active recruiters for an available position.

16. The method of claim 14 , wherein transmitting the information about the candidate comprises restricting transmissions to the company based on the size of the bounty and one of the following measurements: a number of submissions, a number of selections of the candidates submitted by the recruiter, a ratio of number of submissions to number of selections of the candidates submitted by the recruiter, a candidate interview rate, a number of recently filled positions, a submission opened rate, a submission processed rate, or an amount paid to the recruiter.

17. The method of claim 1 , further comprising displaying the current stage of the candidate hiring process within the company on the second computer associated with the recruiter.

18. The method of claim 17 , wherein the current stage of the candidate hiring process within the company is one selected from the group consisting of: contacting candidate, interviewing via telephone, interviewing in person, skills testing, reference checking, vacations, remove from public marketplace, negotiating, accepted, candidate declined offer, candidate not selected, and failed drug test.

19. The method of claim 17 , wherein the current stage of the candidate hiring process within the company is displayed for the recruiter in response to receiving payment from the recruiter.

20. The method of claim 17 , wherein the current stage of the candidate hiring process at the company is displayed for the recruiter in response to the recruiter being selected from the group consisting of: an active recruiter, an engaged recruiter, a preferred recruiter, a contracted recruiter, and an exclusive recruiter.

21. The method of claim 1 , further comprising proposing a new bounty for a submitted candidate.

22. The method of claim 21 , further comprising reallocating the submitted candidate for another posted position of a company.

23. The method of claim 21 , further comprising reallocating the submitted candidate for a new position of a company.

24. The method of claim 1 , further comprising selecting a candidate by a deadline.

25. The method of claim 24 , further comprising collecting a fee from the company to select a candidate for a position of the company before the deadline.

26. The method of claim 24 , further comprising receiving from a company a ranked list of submitted candidates at a time prior to the deadline.

27. The method of claim 26 , further comprising collecting a fee from a recruiter to view a ranked list of the candidates for a position of the company.

28. The method of claim 24 , wherein posting selectively-accessible information about an available position comprises specifying that a recruiter who has submitted a candidate for a position of the company will win the bounty if their candidate for the position of the company is selected.

29. The method of claim 1 , wherein the bounty is a standing bounty.

30. The method of claim 1 , further comprising soliciting feedback from a recruiter on a posted bounty.

31. The method of claim 30 , wherein the feedback on a posted bounty includes one selected from the group consisting of: a size of the bounty, the challenges of the job placement, and ease of working with the company.

Assignments (6)
SECURITY INTEREST Recorded Nov 26, 2018
From: BOUNTYJOBS, INC.
To: AVIDBANK
Reel/Frame 047578/0073 →
RELEASE OF SECURITY INTEREST Recorded Oct 22, 2018
From: VENTURE LENDING & LEASING VI, INC.
To: BOUNTYJOBS, INC.
Reel/Frame 047268/0611 →
RELEASE OF SECURITY INTEREST Recorded Oct 22, 2018
From: VENTURE LENDING & LEASING VI, INC.; VENTURE LENDING & LEASING VII, INC.
To: BOUNTYJOBS, INC.
Reel/Frame 047864/0487 →
SECURITY INTEREST Recorded May 30, 2014
From: BOUNTYJOBS, INC.
To: VENTURE LENDING & LEASING VI, INC.; VENTURE LENDING & LEASING VII, INC.
Reel/Frame 033062/0514 →
SECURITY AGREEMENT Recorded Mar 28, 2012
From: BOUNTYJOBS, INC.
To: VENTURE LENDING & LEASING VI, INC.
Reel/Frame 027950/0561 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Jun 9, 2009
From: LAPPIN, JEREMY; HOHMANN, MARK
To: BOUNTYJOBS, INC.
Reel/Frame 022803/0273 →
Continuity (13)
Continuation In Part PCTUS2006044168 · Nov 13, 2006
Provisional Application 60747373 · May 16, 2006
Provisional Application 60806603 · Jul 5, 2006
Provisional Application 60806606 · Jul 5, 2006
Provisional Application 60971102 · Sep 10, 2007
Provisional Application 60971106 · Sep 10, 2007
Provisional Application 60971109 · Sep 10, 2007
Provisional Application 60971112 · Sep 10, 2007
Provisional Application 60971126 · Sep 10, 2007
Provisional Application 60971128 · Sep 10, 2007
Provisional Application 60971131 · Sep 10, 2007
Provisional Application 60977563 · Oct 4, 2007
Related Publication 20090125379A1 · May 14, 2009