I'm currently working on adding an economics major to my computer science degree, so when I learned that my sister Martha had just been laid off from her tech writer/editor position at Freescale here in Austin, I saw her job search as an opportunity cost problem.
She's already begun her search for a similar position here in town and will undoubtedly find something suitable. But there's an opportunity cost for the time she spends searching (and not earning).
It occurred to me that she would come out ahead if she could pay to reduce that amount of time as long as her out-of-pocket cost was less than the opportunity cost of the time saved. (Dr. Hickenbottom, do I get extra credit for this?)
This is also an interesting opportunity to crowdsource a job hunt, something I've never done before.
So I called her up and asked if I could offer a $500 bounty to the person who finds her her next job. She agreed (and will be paying the $500 herself), so that's the offer:
The first person to lead her to the job she winds up taking gets $500.
Specifically, she's looking for a full-time technical writer or editor job in the Austin area. She's held similar roles at companies as diverse as ichat, HP, and Freescale, and is exceptionally smart and very professional.
Please don't bother sending in every listing on Monster.com. You're guaranteed not to be the first person to send any of those in. This is for people who personally know of an open position and can make the connection.
Please email your job leads to martha.wood.jobs@gmail.com. And as always, you can reach me directly at charlie.wood@gmail.com.
This should be interesting!
Update: In the week since I posted this, several people have sent in job leads that Martha is pursuing. But she hasn't decided on one yet, so there's still time to submit yours.

This is good idea. let me know if she finds a jobs through a referral.
Posted by: Raj | February 27, 2009 at 03:21 PM
I'll post the results here.
-c
Posted by: Charlie Wood | February 27, 2009 at 03:25 PM
We’ve actually created a social network for people who want to solicit job referrals - JobBounty.com
Job referrals are 225% more effective than applying to job board postings, according to a study by CareerXRoads.
We welcome you to visit our site and join in.
Posted by: JobBounty™ - Job Referral Network | March 06, 2009 at 07:20 AM