Yello Media has announced that they have created the “first” social networking site to offer referrals for the average Joe. www.yellojobs.com
The watered down concept: Company posts job and a referral award amount. You see job and tell your friend to apply. You’re the referrer. You get paid.
I guess now everyone can be an “Executive Recruiter”.
The only problem is. YelloJobs released this press link and there’s only 3 jobs on their site. AND, they’re not the first player in this space. There are a couple others. The first that comes to mind is H3.com . I cover H3 in my eBooklet.
Here’s a link to the YelloJobs press release:
http://www.prweb.com/releases/2008/06/prweb1019534.htm


Hi James,
I am the COO of Yellojobs, thanks for mention. I would like to make a distinction about our service. We allow employers to post job ads and our user community to refer those jobs to their friends all for free. While sites such as H3 require users and employers to pay an up front subscription fee or are restricted to recruiters only.
Also, we have just launched our site in the US and are signing up employers right now, please feel free to post any open job ads you are looking to fill.
Contact me if you have any questions:
alex.conway@yellomedia (dot) com
Thanks!