Reed.co.uk Creates New Job Seeking Tool

October 13, 2011 – U.K. job board reed.co.uk has launched a new online marketplace to connect employers with specialist recruitment agencies to fill their vacancies. The new service is called Exchange. reed.co.uk. Exchange allows employers to advertise a job anonymously into the marketplace where they can be accessed only by approved, specialist recruitment agencies. Recruitment consultants can pitch and negotiate online to work on individual jobs and, once engaged, start putting candidates forward. Once an offer is accepted and a new employee starts work, the employer pays the agreed fee. Martin Warnes, managing director of reed.co.uk, said: “Employers place real value on the service they receive from specialist recruitment agencies and Exchange is a way for reed.co.uk to foster this. We're already the U.K.'s biggest job site, we know recruitment inside out and we have extensive reach into both employer and agency markets. This makes Exchange an obvious complement to reed.co.uk's current job board offering.”

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