Word: auctions
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...eBay geeks didn't sell themselves, the fact that they had given it a go was enough, in Taylor's mind, to "validate the process." So last month Monster rolled out its "talent market," where independent contractors and freelancers can trumpet their skills and put themselves up for auction to prospective employers...
...Taylor, the logic for a human auction is even more compelling than the one for things, and his is one of a number of e-companies that are changing the way employers buy labor. As with eBay, the talent market eliminates the middleman and levels the playing field between buyer and seller. But an antique cigar cutter never has to sell itself. People do. "Marketing themselves is the most difficult thing for free agents," says Taylor, who heads the interactive division of recruiting ad giant TMP Worldwide, which bought Monster in 1995. "This puts them in the driver's seat...
...eBay human auctioneers, John Kinsella, recently started an online jobs venture, bid4geeks.com where techie teams can gauge how much they're worth. Meanwhile, eLance, a Jersey City, N.J., startup founded by two Wall Streeters, will soon launch a different sort of auction, where firms will be able to post projects--white-collar tasks like Web design, consulting and marketing--and solicit bids on them. Another player, Freeagent.com is set to offer a similar service...
Since the talent market launched a month ago, some 35,000 customers, from programmers to Elvis impersonators, have filled out their profiles, eagerly awaiting an offer they can't refuse. Unlike traditional auctions, though, bids aren't binding--there is more to picking a new boss than simply finding the right salary. So once the auction period ends--anywhere from one to five days--an accepted bid sets the stage to close the deal. "It gives you a starting point," says David Braverman, of Woodmere, New York, who runs a marketing agency and, after a week on the site...
...better to honor the onset of ELVIS Week (Aug. 8-16) than to weigh how much you're willing to spend on Presley memorabilia? Guernsey's auction house and Elvis Presley Enterprises are putting 1,000 lots taken from the Graceland vaults up for grabs in October at the MGM Grand Hotel in Las Vegas to raise money for Presley Place, a transitional-housing development in Memphis, Tenn. Among the items: a portrait by the only artist for whom Elvis ever sat (1); a Texaco credit card (2); a 1971 jumpsuit (3); sheet music for All Shook Up (with original...