Dear Savi,
Greetings!!!!!
The term PPR stands for pay per resume. It has come out of the handicap that we had at the time of starting our recruitment solution firm. Major part of our fund was spent on job portal subscription and over a period of time, we realized that we were not able to completely use our subscription because we didn't have enough positions. At the same time, there was no point of taking limited database sub. ( such as location specific or skill set specific) because whatever requirements we had were skill independent and from Pan India. We started collecting resumes from the very first day we tarted operating and now boast of a huge database.
PPR has basically been started to help small consultants, freelancers and such companies which have only periodic recruitment needs. Such set of customers are always averse to pay huge amounts as anuual subscription fee and it is not beneficial either.
In the PPR thing, we send resumes according to the requirement of customers. For example, lets say that you are recruiting a relationship manager for a particular bank. We will send lets say about 25 resumes which will be suitable according to this particular requirement. All these resumes will have no contact number or mail id. Lets say, you select 10 resumes out of these 25 , which according to you are the most suitable. You make the payment for these 10 resumes and we will give you the contact number. Just to mention, this is beta version and we are soon going to launch the whole thing on web.
PPR not only saves your cost but also the time which is spent on browsing a plethora of resumes in job portals where repetition is high and relevance is also only upto 40-50%. In PPR, there is 0 repetition and relevance is always more than 80%. Our ultimate aim is to make the relevance 100%, so that every resume will become equally important for you. Also to mention, you take it when you require it and there is no hidden annual or subscription cost.
As far as the existence of method is concerned, it is being practiced in developed world but limited to niche skill set. In India, the concept is still very nascent but our opinion is that it is going to be the next wave. The rumuor is that Monster is siletly testing this model with a set of its loyal clients but nothing concrete, at this point of time.
Regards,
Team GroupHR
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