Is Wealth University job application process a scam?
Is Wealth University job application process a scam?
Unlock your dream job within 30-45 days or we will work for FREE until you land it!
I just had a inquiry call with the person in charge of the site and it all seems to good to be true. 1,000$ and they handle the workload to get you a job offer you like. They apply to 30-50 jobs a day on your behalf until you have a job. They also mentor your through the entire process. I can't find any reviews of comments about the site other than from their own site. Thoughts?
Edit: thank you everyone for your insights and advice, I appreciate it.
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I am struggling to find any online testimonials from third parties. I have seen other similar deals with other legit companies, but how they usually work is you sign a contract with them to give them a certain percentage of your salary for the first year or two of any job they help get you hired for. This is important as it gives them an incentive to actually follow through and get you as good a job offer as they can. With an upfront payment like this, they have no material incentive to follow through and actually try to get you a good job. Even if they're not a straight-up scam, it might be sufficient for them to avoid a lawsuit by getting you one or two crappy job offers, then throwing up their hands and saying, "We've done our job; it's on you if you don't wanna accept these jobs."
I wouldn't bother with these guys. If you really want this sort of coaching, go for a reputable one that you would sign a contract giving them a percentage of your salary. And definitely one with plenty of third-party reviews online.
Anyone asking for that kinda cash to get a job is a scam. But never even knew that was a thing how sad. Giving part of your salary to a requirement office.
I used temp agencies and other employment type companies None cost me a dime. The employer paid them.
Granted, there is a difference between a temp agency or a third-party recruiter and a "coaching" type service. The former are strictly about finding applicants, and they get paid for that service by the prospective employers. The latter are about 1-on-1 coaching, CV editing, etc., and hence they're paid for by the prospective employee.
That said, I've never used one of them nor do I really see the point, given the wealth of information available for free out there. Then again, I did benefit from speaking to career advisors at my university, which were free to me at the point of service but obviously still paid for by me via my tuition.
Thank you!
I'm not sure it's ever legit for the job-hunter to be paying the recruiters. It would normally be the employer.
A % commission doesn't give that much incentive to find you the very best job as opposed to the first one that will do. You're paying them a percentage but they're looking at the return per hour of work they put in. You'll come under a lot of pressure to accept the first job on offer simply because that job gives them the best return even if it is a smaller cash amount than the best job they could possibly find (if they put the time in).
Their incentives do not align well with your incentives. So best avoided, IMO.