Upon accepting an offer as a contingent worker or permanent employee, Teamanics will transfer a pending joining bonus to the user’s Teamanics account. Depending on the job’s expected duration, the joining bonus will be redeemable once the candidate works for a specified amount of time. Generally, contingent workers will be eligible to redeem their joining bonus after completing 1 month of the contract job and permanent employees will redeem their joining bonus after 3 months of employment.
By minimizing risk of bad hires and eliminating intermediaries (e.g. job boards, vendor management systems, agencies, etc), Teamanics cuts overhead costs for employers up to 50%. This leaves more money for job seekers and allows Teamanics to guarantee Highest Pay.
Peers and Job Seekers earn rewards points for various activities such as: creating a profile, rating other users, receiving ratings, accepting a contingent worker or permanent employee job. Rewards points are one-time or recurring depending on which activities a user engages in.
Rewards points may be spent by users to extend employee benefits such as making health insurance copayments, taking additional paid time off, and paying for tuition. The reward points may be used to purchase gift certificates at popular retailers or be converted to a growing list of cryptocurrencies.
The rewards program is funded by employers through branding advertisements on Teamanics and developing, value-added services.
Of course! A rater today can be a job seeker tomorrow. Any user on Teamanics can change their status anytime.
No, Teamanics assures confidentiality and privacy for all job seekers. Only potential employers will be able to view your profile and only peers you invite will be able to rate you.
Teamanics peer ratings deliver accuracy that social media reviews fail to. For example, LinkedIn endorsements rarely provide reliable information because they are often based on superficial knowledge and are frequently from someone who did not even work with the candidate. Furthermore, Teamanics provides quantifiable metrics about a user’s skills and traits to create a job match.
Job Seekers remain in charge because they voluntarily invite peers to rate them. Teamanics ratings are highly reliable because our robust credibility mechanisms assure ratings are trustworthy and verified.
Each peer is assigned a Credibility Score that is continuously tracked by Teamanics’ machine learning algorithms. A rater’s Credibility Score affects how much weight is given to their ratings. Their Credibility Score fluctuates based on several factors including how their ratings compare with those from other peers and the new hiring manager.