Analog
Lifer
When Fabian Löw unleashed jobdumping.de on the Internet, he had an inkling it would be provocative. Because at a time when job seekers have it tough, his job auctions are won by those willing to work for the least pay.
The concept of jobdumping.de is simple. An employer posts a job that needs doing, along with the maximum wage he or she is willing to pay. Interested job seekers then compete with each other for the job by underbidding, meaning the employer ends up with the person willing to do the job for the least amount of money.
The system can also work the other way, with workers entering their skills in the auction at the minimum price they're willing to work for, and interested employers then push the wage up as they outbid each other.
More Germans are turning to the Internet to find jobs.Launched in early October, Fabian Löw's "eBay for the working world" has attracted plenty of interest, as well as a fair share of criticism. Löw is frequently accused of exploiting the desperation of job seekers at a time when unemployment is at a record high, and laws cutting benefits for the jobless have just been introduced. The very name "jobdumping.de" has proved to be extremely provocative, just as Löw suspected. So why did he do it?
"Wage costs, compared across an inter-European level, are unreasonably high in Germany. They have to be completely renegotiated," Löw told Die Zeit.
http://www.dw-world.de/dw/article/0,1564,1519405,00.html
