SOURCE: ChumBonus


January 04, 2010 10:13 ET

ChumBonus Continues Growth; Kicks Off New Year With Three New Clients

ASHBURN, VA--(Marketwire - January 4, 2010) - ChumBonus (, an innovative employment site that encourages people to refer employment opportunities to friends, today welcomed three new companies to its growing client roster. One of its newest clients includes, the online insider source for everything local which currently has over 20,000 "Examiners" or local bloggers writing for more than 160 markets. is using ChumBonus to find more Examiners across the country.

"This is a great use of ChumBonus," said Barry Dwyer, Co-Founder of ChumBonus. "We all know people whose advice we seek out when we have questions. Wouldn't it be great to encourage these people to share their wisdom with the local community by referring them to Examiner? With ChumBonus, anyone can refer a recommended expert."

Also joining the ranks of ChumBonus clients are Evolver, a leading ISO 9001 certified provider of electronic discovery services (eDiscovery) and XL Associates, a veteran-owned small business that provides acquisition lifecycle support, grants lifecycle management and specialized professional services to agencies and commercial customers. ChumBonus' network of organizations is changing the way they recruit, review and hire employees. By leveraging the power of social networking, ChumBonus enables its clients to incentivize everyone on the internet ("the Crowd") to actively participate in the job placement process.

For employers, the best way to find employees is through employee referrals. According to a recent survey by CareerXRoads, referrals (employee, alumni, vendor, etc.) make up 27.3% of all external hires; and is arguably the number one external source for job placements. ChumBonus extends a company's referral network beyond the company walls to include The Crowd. Employers post job listings on ChumBonus for free. There is no subscription cost or registration fee. Along with the posting, clients specify how much of a bonus they are willing to pay to the person who refers them the candidate they ultimately hire. ChumBonus charges a percentage fee on top of the bonus amount, however, the bonus and fee are only paid if the client successfully hires a candidate that is referred.

"Companies are tired of mulling through hundreds of unqualified resumes that traditional employment sites deliver -- and at high prices. They are moving away from the big job boards to more specialized sites that offer better qualified applications," adds Dwyer. "ChumBonus leverages the power of people's network and opens the door for job referrals. And, we do it at no-risk to the potential employer. Our clients don't pay a dime until they receive -- and hire -- a ChumBonus referred candidate for the position. The service is simple to use and cuts down on recruiting time and costs. It's ideal for companies like, Evolver, and XL Associates who want to get more out of their recruiting efforts without breaking the bank."

About ChumBonus

ChumBonus ( is changing the way jobs are found and matched on the Internet. This unique service brings the best approach to job seeking to life -- referrals. The online job employment web site incentivizes people (referrers) to find jobs for their friends (chums) for a reward (bonus). This model takes advantage of the explosion of online social and business networks like LinkedIn and FaceBook which have greatly expanded the interconnectedness of everyone. The service brings job seekers, referrers and employers under one roof to help fight the country's highest unemployment rate in recent history. Check us out today and help your chum find a job. ChumBonus, who do you know?

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