updated 6/16/2011 3:46:31 PM ET 2011-06-16T19:46:31

DETROIT, June 16, 2011 (GLOBE NEWSWIRE) -- hiredMYway.com, the revolutionary new online recruitment website, today announced the launch of more than one million dollars in bonus payments for job seekers who land a job using the system. The website's new bonus program pays signing and referral bonuses of up to $4,000 every time someone is hired through www.hiredMYway.com .

A portfolio company of the Detroit Venture Partners, hiredMYway.com is different from other job boards because job seekers can submit their resume into a smaller pool of applicants with the guarantee it will be viewed. Additionally, it eliminates the exorbitant cost employers traditionally pay to post their jobs online, because on hiredMYway.com, companies only pay if they make a hire.  The best part: every job on the website offers a hiring and referral bonus.

The new bonus program increases exposure to the jobs posted on hiredMYway.com to drive applicants and promote connectivity between job seekers and employers.  Individuals who sign up as hiredMYway.com referrers share jobs with their friends and colleagues across their social networks, like Facebook, LinkedIn and Twitter.  If someone they refer gets hired, they receive the bonus associated with the position and so does the person they referred.  Bonuses are determined based on the amount the company is willing to invest to find the right candidate.

"First hiredMYway.com turned the online recruitment model upside down.  Now, we are introducing a bonus program offering more than one million dollars in payments," said Matt Mosher, co-founder and CEO of hiredMYway.com.  "hiredMYway.com allows companies to connect with serious, qualified candidates through our diverse network of referrers and job seekers.  Driven by results, companies only pay for the positions they post if they find a candidate through our website."

Positions posted on hiredMYway.com receive maximum exposure, helping companies to fill their niche positions more quickly.  Candidates who are serious about positions posted on hiredMYway.com can choose to pay $2 to submit their resume into a smaller applicant pool with the guarantee their resume will be viewed.  If the candidate's resume is not viewed within 15 days of applying for the job, the $2 fee will be returned to the job seeker's account.  Candidates may apply for positions for free, but will not be eligible for the signing bonus.

Companies throughout Michigan have already posted jobs on hiredMYway.com.  The following are some of the premier companies featured on the site, the positions they are hiring for and the associated referral and signing bonuses:

Company Position Hiring Bonus Referral Bonus
 

International Bancard

 
 

Chief Operating Officer
 

$4,000
 

$4,000
 

Magna

 
 

Strategic Purchasing Manager

 
 

$3,000
 

$3,000
 

Daifuku Webb (formerly Jervis B. Webb)

 
 

Systems Analyst

 
 

$4,000
 

$4,000
 

State Farm Insurance

 
 

Insurance Agent
 

$1,000
 

$1,000
 

Faith Rehab Solutions

 
 

Occupational Therapist
 

$1,000
 

$1,000

"Current online job boards are ineffective.  Companies pay the same amount for a posting, regardless of the position, and we receive thousands of applications with no way to identify the most qualified candidates," said Erin Spitzer, Executive Director of Human Resources for Daifuku Webb.  "By allowing us to set the value for our postings on hiredMYway.com, we can find and identify the best candidates more easily without any upfront risk."

hiredMYway.com is one of the first portfolio companies of the Detroit Venture Partners, backed by regional leaders, Josh Linkner, Dan Gilbert and Brian Hermelin. 

"Detroit Venture Partners is looking to invest in game-changing companies like hiredMYway.com that have clearly identified a problem with the status quo and will stop at nothing to develop and implement a creative solution to solve it," said Josh Linkner, who is also the founder and chairman of ePrize. "hiredMYway.com is the future of online job boards and the Detroit Venture Partners is excited to be a part of this innovative, Detroit-based company."

###

About hiredMYway.com:

hiredMYway.com is the premier online recruitment website driven by results for job candidates, employers and referrers.  The Detroit-based company launched in 2010 with the goal of putting people back to work.  Job Candidates: Think about hiredMYway.com as your online career coach and personal brand manager that will help you connect with companies and land your dream job.  Employers: Think about hiredMYway.com as your personal technology recruiter, connecting you with serious, qualified candidates through our diverse network of referrers and job seekers.  Referrers: Think about hiredMYway.com as your vehicle to place the most skilled people you know in their ideal job.  For more information, visit www.hiredMYway.com.

CONTACT: Ashleigh Wayland, Resolute Consulting
         (312) 768-4764, ashleigh.wayland@resoluteconsulting.com

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