Online recruitment tool launched by engineer
A civil and structural engineer has launched TempAuction, an online platform to bridge the gap between recruiters and employers when appointing high-skilled temporary workers.
Tom Rowbottom, who lives in Leeds, says he came across the need for the platform when recruiting for construction workers. Now he has developed the site which he expects to turnover £100,000 in its first year, with an ambitious growth strategy to reach £900,000 before the end of its third year in business.
Having begun his career as a Graduate Civil Engineer prior to the financial crises in 2006, his junior position saw him retained with senior members made redundant when the recession hit the industry hard. As the construction sector began to pick up once again it then became Rowbottom’s job to source temporary workers on a project-by-project basis, retaining the flexibility to reduce staff numbers again if necessary.
Realising the time wasted in speaking to several different recruiters each time the need for temporary workers arose, Rowbottom decided a better way was needed. Having researched something to meet his need to no avail, he set out to launch the platform himself.
Known as TempAuction, the online tool, which launches April 2016, will provide benefits to both employers and recruiters and takes the risk away from the recruiter as TempAuction will pay the agency worker fees, even if the employer doesn’t pay TempAuction.
Furthermore, TempAuction is a free to use service for employers; it is free to sign up, create auctions and engage with candidates and recruiters.
Rowbottom commented, “The TempAuction marketplace provides recruiters with real leads at the point of hire, increasing their turnover and allowing them to concentrate on building a great reputation from valuable employer feedback. TempAuction’s ‘you get paid, even if we don’t’ model for agency worker fees will provide improved cash flow and reduced risk for SME recruiters, allowing them to compete with the most established recruitment businesses.”
Recruiters pay a nominal ‘bid fee' to bid on jobs in a 'pay as you go’ fashion (charged on a monthly basis) and auctions are separated into short term roles for agency workers employed by the recruiter and temporary positions for directly employed staff, with set bid fees for each.