Bayt.com, one of the largest online recruiters in the Middle East region, has vowed to go head-to-head with LinkedIn, the global social media giant which links professionals.
After revamping its jobsite, jobseekers are now able to make a public profile, upload their CV, publish relevant personal information, and invite other jobseekers to their network.
Bayt has also announced it is launching an iPhone app to boost its mobile presence. Users will also be able to linked their profiles with popular social networks such as Facebook and Twitter.
Rebuffing claims that Bayt is mimicking LinkedIn, Rabea Ataya, the chief executive of Bayt, insisted that the new developments have been copied by professional social networking website LinkedIn and not the other way round. “Increasingly, [LinkedIn] business mirrors ours,” Bayt CEO said while adding: “Bayt was always a search medium, to search for talent, which is what LinkedIn is increasingly becoming.”
“We wanted people to connect around useful things and wanted to add value”.
Bayt.com charges a subscription fee from employers on its website to search for jobseekers, offering them more than 30 filtering criteria to narrow down the hunt. The Amman-based job site says employers would not be able to use the free social networking element to find staff, because the search criteria for networking was just limited to a person’s name. “We have not killed our revenue stream,” he said. “We wanted to leverage the power of scale without killing the business model.”
Bayt.com has around 7.25 million jobseekers with more than 40,000 regional employers registered. It also posts 11,000 jobs on an average day. More than 7,000 people upload their CVs to the website daily, making it as the biggest job site in the Middle East. Bayt is also working on a system where companies would be rewarded for using its database extensively.
“The single biggest priority in the region is jobs,” Ataya said.
“We have to offer jobs but we are opening up the system to allow more engagement.”