| description | Our most commonly asked questions for all types of user on TechTree! |
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Contents
What is TechTree?
TechTree is the first socio-economic network for devs & their teams. A platform where people in the tech space can unlock the value of their networks, knowledge and data through hiring Bounties.
What are Bounties?
Bounties are requests for help with a reward. For example, if a new startup needs help hiring their next CTO, then they can publish the role on TechTree and attach a Bounty to it. The Bounty is a reward to the community for helping find the right person for the role.
Who can use TechTree?
We see TechTree being perfect for lots of different user types. Here are a few examples:
- Companies - Tap into trusted networks and incentivise them to help you find your next team member.
- Developers - Find your next career move at top VC-backed companies or refer a friend and claim the Bounty if they’re hired!
- Referrers and Connectors - Do you have a network of people looking for a new job? Quickly and easily refer them roles on TechTree and be rewarded if they’re hired!
- Communities and Creators - You’ve spent a long time building a network of people that trust you and enjoy your content. Give more value to your audience by sharing exciting new jobs and be rewarded by if any of them get hired!
- VC’s - The #1 challenge of VC backed companies is attracting top talent. TechTree can help you access talent from your network and 100s of diverse tech communities to share with your entire portfolio at once.
How Does TechTree make money?
Clients of TechTree (companies that post Bounties) pay subscription fee for sharing their open roles on the platform. We also charge 15% to the hiring company on top of the Bounty if a hire is made through a referral on TechTree.
How can I use TechTree?
Do you have a network of people looking for new jobs? You can use TechTree by searching for roles that you think best match their skills and experience and use the ‘Refer’ feature to quickly and easily connect them to the roles. If the person that you referred completes their application and get’s hired, you claim the Bounty!
Is there a cost involved?
No, there is no cost to using TechTree as a referrer. We aim to find ways to help you be rewarded and earn more!
What are the next steps after I refer someone?
After using TechTree to make a referral, your referred person will receive and email letting them know that you have referred them. This email also invites them to create a TechTree account and complete their application. Once the candidate completes their application we will contact you via email and keep you update on their progress. You’ll soon be able to see the status of your candidates directly on the TechTree platform.
When would I be paid the Bounty?
Bounties are paid to referrers 90 days after the successful candidate started their new job. This is the typical probation period for companies hiring on TechTree, however it’s sometimes shorter than 90 days and so the Bounty may be paid out earlier!
How do I get paid?
When the hire is made, we’ll let you know. You can then invoice us and we will pay you the Bounty after 90 days.
How is the Bounty amount set?
Bounty amounts are set by the companies hiring on TechTree. They are often lower than their traditional recruitment success fees as TechTree helps do the work when matching candidates. For referrers:
- TechTree opens up the number of companies you can refer your network to.
- You do not have to work with the companies directly and so there is no time managing the referrals you make.
- You can focus on spending time listening to candidate needs and simply matching them with roles that could be of interest rather than pitching particular offers from a client.
- For referrers that are part of agencies, TechTree is often a chance to earn more than their typical placement commission.
How many people have received a Bounty? And where are they based?
Over $400k worth of bounties has been paid out so far! This has been a mix of Developers, Communities, Creators and Connectors from all over the world.
Will people that I refer be in safe hands?
We have our own talent team to be on hand for candidates that are referred. Candidates referred by you will be screened by our team and recommended to the company.
Are all roles on your platform remote?
A lot of our roles are remote but not all. They are tagged with remote/hybrid to let you know.
What happens if my candidate gets a different role to the one I referred them to?
You will always get the full bounty from all the roles to which you referred someone directly.
On top of that if you bring a new user to our platform you will receive 10% of the bounty from all the bounties he or she will get on TechTree (ever) even if it’s completely without your involvement. You can think about it as a royalty type of payment.
How can I use TechTree?
Are you looking to hire your next tech team members? You can use TechTree to tap into trusted networks and incentivise them to help you find your next hire. By adding a Bounty to roles that you share on TechTree, you allow developers, creators, communities and connectors in the TechTree network to refer their friends to your position. We'll help screen candidates and share them with you. If you hire a referred candidate you'll pay out the Bounty, plus a small fee to TechTree.
How can I use TechTree?
You’ve spent a long time building a network of people that trust you and enjoy your content. You can use TechTree to give more value to your audience by sharing exciting new jobs via Bounty Boards or by sharing individual roles and be rewarded by if any of them get hired!
Why is TechTree relevant for creators?
Lots of content Creators struggle with monetising their activity. By helping them earn through supporting their network with careers, TechTree helps Creators not only add more value to their audience but also receive extra funds to help them continue creating cool content! In short, by helping your network, your network will help you!
How do I share Bounties? What will it look like?
There are several ways that you can share Bounties with you audience - most importantly, we want you to share in the way that you think your audience will enjoy the most!
- Bounty Boards: By having an account on TechTree, you'll have the ability to create your very own customised job boards which you can theme and share with your network. Use your unique share link to include your Bounty boards on newsletters, in Slack, Discord, social media or wherever your community lives! If anyone applies and is hired through your boards, you will receive 25% of the Bounty amount.
- Individual roles: If you want to share specific roles on TechTree with your network, you can use your unique share link on a single job to distribute it with your community. If anyone applies and is hired through this shared job, you will receive 10% of the Bounty amount.
- Referring: If you know anyone in your network that you think would be perfect for a role on TechTree, you can refer them directly to a job or via our General Referral option and claim the entire Bounty if they're hired.
For more details on how you can share Bounties, take a look at our How-to guide.
How often should I share?
It's up to you but we'd encourage you to share it on a weekly basis as we regularly have new jobs - the more you share, the more you'll see results!
Should I explain that I might get paid to my community?
This one is up to you! Feel free to mention that you are using TechTree Bounty boards or simply share the jobs.
One thing that you can mention to encourage your community is to highlight that they can earn money too, by recommending friends to jobs on TechTree!
How do I know when someone gets a job?
Someone from the TechTree Community Team will notify you if someone gets a job and are connected to your community. Due to GDPR we can't show you how candidates are progressing through the hiring process however in the future you'll have a dashboard to show how many candidates have been successful through your job sharing!
I'm already sharing jobs with my community - Should I now ONLY use TechTree?
We don't require exclusivity - so it's up to if you use share only our job board or use multiple.
How can I use TechTree?
The #1 challenge of VC backed companies is attracting top talent. TechTree can help you access talent from your network and 100s of diverse tech communities to share with your entire portfolio at once.
We've created VC Talent Branches to help you get going!